Waterford, WI
Population 5,627 · Wisconsin
About Waterford, WI
Waterford is a small town located in Wisconsin with a population of 5,627 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,380 per year, which is 7% above the national median of $75,149. The median age of 43.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Waterford features a median home value of $312,700, which is 28% above the national median of $244,900. This positions Waterford in a moderately priced market relative to the rest of the country. Median monthly rent is $1,278, 10% above the national average of $1,163/month. Of the 2,473 total housing units, 76% are owner-occupied (1,780 units) and 24% are renter-occupied (559 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waterford shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waterford have an average one-way commute time of 25.9 minutes.
Education & Demographics
29.3% of Waterford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.1% White, 2.1% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in Waterford, WI
Compared to national averages, Waterford has a median household income of $80,380 (7% above the national median of $75,149). Home values average $312,700, which is 28% above the national median. Monthly rent at $1,278 is 10% above the US average of $1,163. Within Wisconsin, Waterford's income is 11% above the state average of $72,579, and home values are 52% above the state median of $205,802.
Why Live in Waterford, WI?
Waterford offers a strong local economy with a median household income of $80,380, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a low poverty rate of 5.0%, better than the national average.
Waterford has a population of 5,627 with a median age of 43.5 years. Compare Waterford with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Waterford
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milton | 5,685 | $84,648 | $210,500 | Compare |
| Rothschild | 5,532 | $87,250 | $188,000 | Compare |
| Berlin | 5,523 | $55,216 | $143,800 | Compare |
| Columbus | 5,493 | $74,957 | $225,700 | Compare |
| Evansville | 5,771 | $78,841 | $256,900 | Compare |
| Prairie du Chien | 5,471 | $52,670 | $152,100 | Compare |
| North Fond du Lac | 5,373 | $61,744 | $144,900 | Compare |
| Edgerton | 5,924 | $84,185 | $243,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Waterford With Other Cities
Frequently Asked Questions about Waterford
What is the population of Waterford, WI?
The population of Waterford, WI is 5,627 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wisconsin.
What is the median household income in Waterford?
The median household income in Waterford, WI is $80,380 per year, which is 7% above the national median of $75,149.
What is the median home value in Waterford?
The median home value in Waterford, WI is $312,700, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waterford?
The median monthly rent in Waterford, WI is $1,278, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Waterford?
The unemployment rate in Waterford, WI is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waterford, WI a good place to live?
Waterford offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,627 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Waterford, WI?
29.3% of residents in Waterford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Waterford?
Key cost-of-living indicators for Waterford, WI: median home value is $312,700 (28% above national), median rent is $1,278/month, and median household income is $80,380. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Waterford?
The poverty rate in Waterford, WI is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waterford, WI?
Waterford's population is 4.1% White, 2.1% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.9% two or more races. 2.6% of residents are foreign-born.