This rating is a weighted average of commute time, crime rate, population, median salary, and more.
This score adds annual household income and cost of living to the city rating.
Density (Population per mile²)
Compared to New York, Waterford has a very low population density. Waterford is perfect for those who like a quiet city.
Waterford, MI is a great place to live. It has its pros and cons like any city, but with a quality of life rating of 8/10 and an overall value of 7/10, it’s no surprise why so many people choose to live here.
Population density is a way of determining how crowded an area is. Waterford has a population density of 2,287, with 71,657 current residents.
Out of the 71,657 current residents, 50% are male and 50% are female. 57% of the residents are married and 43% are single.
- 48% Sun
- 30% Rain
- 32% Snow
50°F average temperature
- 38 years Median home age
- $86,530 Median home price
- -23.89% Home appreciation rate
- 13.73% Annual property tax
As for living in Waterford, the air quality is 61% and the weather, on average, is 48% sunny, 30% rainy, and 32% snowy. The average temperature is 50°F.
Whether you’re looking to buy or rent a home in Waterford, you should know that 72.5% of homes are owned while 22.5% of homes are rented, and 5.1% of homes are vacant. The median price of a home is $86,530, the median age of homes is 38 years, the annual home appreciation is -23.89% and the annual property tax is 13.73%.
Crime rate (per 100,000)4
When looking at the community of Waterford, it’s important to determine the crime rate. Waterford’s crime rate is 4 total number of crimes reported per 100,000 total population. The average age of residents in Waterford is 39 years and the breakdown of political affiliations is 56.42% Democratic, 41.94% Republican, and 1.65% Independent.
Student teacher ratio 1:19
Management, Business, Art & Sciences
Sales & Office Occupations
Production, Transportation & Material Moving
Natural Resources, Construction & Maintenance
87%High school diploma
8%Some college or associates degree
7%Graduate or professional degree
When looking at Waterford, it’s important to understand employment statistics. 17.00% of residents are unemployed in Waterford (which does not include the percentage of residents who are no longer in the labor force). Of the employed Waterford residents: 12.2% of employed residents work in the management and business field, 20.04% are in the arts and sciences field, 13.9% are in the customer service field, 29.1% are in the sales field, 0.18% work in farming, fishing, and forestry, 10.3% of employed residents work in the construction field, and 14.4% work in production. When it comes to education, the ratio of teachers to students is 1:19. The percentage of residents who have graduated high school is 87.30%, 7.77% of residents have an associate’s degree, 17.25% of residents have a bachelor’s degree, and 6.61% have a master’s degree.
Average commute time
Daily breakdown: by transport type
Work at home
If you plan on commuting to work in Waterford, you should be aware that the average commute time is 31 minutes, compared to the national average commute time of 26 minutes. When it comes to commuting, residents of Waterford have a few different options. 89% of commuters use their own cars, 6% of commuters carpool, 0% of commuters use the transit system, and 3% of residents work from home.