Waterville, OH
Population 5,997 · Ohio
About Waterville, OH
Waterville is a small town located in Ohio with a population of 5,997 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,096 per year, which is 36% above the national median of $75,149. The median age of 41.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waterville features a median home value of $271,100, which is 11% above the national median of $244,900. This positions Waterville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,386, 19% above the national average of $1,163/month. Of the 2,450 total housing units, 75% are owner-occupied (1,758 units) and 25% are renter-occupied (583 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waterville shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waterville have an average one-way commute time of 26 minutes.
Education & Demographics
44.3% of Waterville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.8% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Waterville, OH
Compared to national averages, Waterville has a median household income of $102,096 (36% above the national median of $75,149). Home values average $271,100, which is 11% above the national median. Monthly rent at $1,386 is 19% above the US average of $1,163. Within Ohio, Waterville's income is 42% above the state average of $71,814, and home values are 55% above the state median of $174,449.
Why Live in Waterville, OH?
Waterville offers a strong local economy with a median household income of $102,096, well above the national average, and a well-educated community where 44.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.7%, better than the national average.
Waterville has a population of 5,997 with a median age of 41.4 years. Compare Waterville with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Waterville
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Port Clinton | 5,999 | $58,524 | $142,100 | Compare |
| Rittman | 6,033 | $64,492 | $153,200 | Compare |
| Fort Shawnee | 5,952 | $88,606 | $187,800 | Compare |
| Montrose-Ghent | 5,946 | $175,781 | $517,900 | Compare |
| The Village of Indian Hill | 6,048 | $228,194 | $1,156,800 | Compare |
| Granville | 5,916 | $123,860 | $490,500 | Compare |
| Groveport | 5,916 | $91,545 | $245,200 | Compare |
| Geneva | 5,912 | $48,357 | $138,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Waterville With Other Cities
Frequently Asked Questions about Waterville
What is the population of Waterville, OH?
The population of Waterville, OH is 5,997 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Waterville?
The median household income in Waterville, OH is $102,096 per year, which is 36% above the national median of $75,149.
What is the median home value in Waterville?
The median home value in Waterville, OH is $271,100, which is 11% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waterville?
The median monthly rent in Waterville, OH is $1,386, which is 19% above the national average of $1,163/month.
What is the unemployment rate in Waterville?
The unemployment rate in Waterville, OH is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waterville, OH a good place to live?
Waterville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,997 and a median age of 41.4, the city appeals to a broad range of residents.
How educated is Waterville, OH?
44.3% of residents in Waterville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Waterville?
Key cost-of-living indicators for Waterville, OH: median home value is $271,100 (11% above national), median rent is $1,386/month, and median household income is $102,096. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waterville?
The poverty rate in Waterville, OH is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waterville, OH?
Waterville's population is 4.8% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.3% two or more races. 2.4% of residents are foreign-born.