Waterford, CT
Population 3,496 · Connecticut
About Waterford, CT
Waterford is a small community in Connecticut with a population of 3,496 residents. The median household income is $75,968 per year, which is above the national average. The median age in Waterford is 45.7 years.
Housing in Waterford has a median home value of $245,600 and median monthly rent of $1,618. Of the 1,671 total housing units, the majority are owner-occupied, with 1,105 owner-occupied and 505 renter-occupied units.
The unemployment rate in Waterford is 7.8% and the poverty rate is 6.7%. 25.5% of residents hold a bachelor's degree or higher. The average commute time is 30.1 minutes.
How Waterford Ranks in Connecticut
Cost of Living in Waterford, CT
Compared to national averages, Waterford has a median household income of $75,968 (1% above the national median of $75,149). Home values average $245,600, which is 0% above the national median. Monthly rent at $1,618 is 39% above the US average of $1,163. Within Connecticut, Waterford's income is 38% below the state average of $123,065, and home values are 52% below the state median of $516,920.
Why Live in Waterford, CT?
Waterford offers a strong local economy with a median household income of $75,968, well above the national average, and a low poverty rate of 6.7%, better than the national average.
Waterford has a population of 3,496 with a median age of 45.7 years. Compare Waterford with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Waterford
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stepney | 3,489 | $142,250 | $437,500 | Compare |
| Durham | 3,508 | $126,406 | $378,900 | Compare |
| Coleytown | 3,479 | $250,001 | $1,513,400 | Compare |
| Pemberwick | 3,455 | $134,375 | $892,600 | Compare |
| Clinton | 3,547 | $83,333 | $344,200 | Compare |
| Broad Brook | 3,550 | $96,484 | $328,300 | Compare |
| Tashua | 3,436 | $197,000 | $630,800 | Compare |
| Compo | 3,561 | $250,001 | $1,356,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waterford
What is the population of Waterford, CT?
The population of Waterford, CT is 3,496 according to the latest Census data.
What is the median household income in Waterford?
The median household income in Waterford, CT is $75,968 per year.
What is the median home value in Waterford?
The median home value in Waterford, CT is $245,600.
What is the average rent in Waterford?
The median monthly rent in Waterford, CT is $1,618.
What is the unemployment rate in Waterford?
The unemployment rate in Waterford, CT is 7.8%.