Everything You Should Know Before Moving to Waterford, CT
Considering a move to Waterford, CT? With a population of 18,790, Waterford offers a relaxed coastal lifestyle, affordable median home prices at $340,000, and average rents near $1,425. The town boasts a low violent crime rate of just 85 per 100K, short average commutes (21 minutes), and access to quality schools and nearby healthcare. With a high owner-occupancy rate, great educational attainment, and four-season New England weather, Waterford is a welcoming and convenient place to call home.
Demographics - Waterford, CT
Demographics - Waterford, CT
Waterford, CT is home to 18,790 residents, with a median age of 47.2, reflecting a mature community. The population is predominantly White at 83%, with small but present Black, Asian, and other minority groups, and around 8% of residents speak a language other than English at home. The balanced gender ratio and moderate population density offer a comfortable suburban lifestyle.
Population:
18,790
Density:
820 per sq mi
Median Age:
47.2
Gender Ratio:
94 males per 100 females
Non-English Speakers Percentage:
7.8%
Ethnic Composition
White:
83.1%
Black:
3.5%
Asian:
4.4%
Others:
9.0%
Cost Of Living
What is the average cost of living in Waterford, CT?
The cost of living in Waterford is moderately above the national average, with a cost of living index of 113.7 and median home values around $340,000. Monthly housing and utility expenses are reasonable for the region, and state income tax rates range from 3.0% to 6.99%. Residents enjoy affordable grocery and transportation costs compared to other Connecticut towns.
Median House Value:
$340,000
Gross Rent:
$1,425
Monthly Electricity Charges:
$165
Auto Insurance:
$1,410
House Owner Cost With Mortgage:
$2,070
House Owner Cost Without Mortgage:
$765
State Taxes:
Low:
3.0%
|
High:
6.99%
Cost Of Living Index:
113.7
Grocery:
109.0
Housing:
110.5
Utilities:
120.4
Transportation:
108.3
Health Care:
107.2
Miscellaneous:
104.2
Crime
Is Waterford, CT a safe place to live?
Waterford boasts a low violent crime rate of just 85 incidents per 100,000 residents, making it a safe choice for families and individuals. Property crime rates are also relatively low, with a 1 in 83 chance of being affected. The town's overall crime index indicates a secure and peaceful environment.
Violent Crimes Per 100k:
85
Property Crimes Per 100k:
1,210
Crime Index:
1,295
Chance Of Violent Crime:
1 in 1,160
Chance Of Property Crime:
1 in 83
Weather
What is the weather like in Waterford, CT year-round?
Waterford experiences classic New England weather, with cold winters averaging lows of 23°F and warm summers peaking at 82°F. The area receives about 49 inches of annual rainfall and enjoys sunshine 54% of the year. These four distinct seasons are ideal for those who appreciate seasonal variety and outdoor recreation.
Winter
Min:
23°F
Max:
39°F
Spring
Min:
42°F
Max:
65°F
Summer
Min:
62°F
Max:
82°F
Fall
Min:
45°F
Max:
68°F
Average Rainfall Inches:
48.6 inches
Sunny Days Percentage:
54%
Neighbors
Local households in Waterford enjoy a median income of $87,800 and a family median income of $102,400, supporting a comfortable standard of living. The community has a low poverty rate of 6.5%, high educational attainment, and an average commute of just over 21 minutes. Public transportation use is limited, reflecting the town’s suburban character.
Median Income:
$46,500
Household Income:
$87,800
Family Income:
$102,400
Per Capita Income:
$43,200
Income Male:
$56,800
Income Female:
$44,200
Poverty Rate:
6.5%
Non English Speakers:
7.8%
Rent:
$1,425
Unemployment Rate:
3.9%
Public Transport Usage:
1.2%
Commute Time:
21.4 minutes
Education
High School or Higher:
94.8%
Bachelors or More:
39.5%
Education
How are the schools in Waterford, CT?
Waterford offers strong educational options, including well-rated public schools such as Waterford High School and Clark Lane Middle School, both with favorable student-teacher ratios. Private education is available at The Williams School nearby, and residents benefit from proximity to respected colleges like Connecticut College and Mitchell College in neighboring New London. High educational attainment is a hallmark of the community.
Public Schools
Name:
Waterford High School
Street:
20 Rope Ferry Rd
Phone:
860-437-6956
Students:
790
Student Teacher Ratio:
11.8
Name:
Clark Lane Middle School
Street:
105 Clark Ln
Phone:
860-443-2837
Students:
610
Student Teacher Ratio:
12.1
Private Schools
Name:
The Williams School
Street:
182 Mohegan Ave, New London, CT
Phone:
860-443-5333
Students:
270
Colleges
Name:
Connecticut College
City:
New London
State:
CT
Distance:
2 miles
Students:
1,800
Name:
Mitchell College
City:
New London
State:
CT
Distance:
4 miles
Students:
650
Healthcare
Residents have convenient access to quality healthcare, including Lawrence + Memorial Hospital just minutes away in New London. With 2.5 physicians per 1,000 people and over 95% health insurance coverage, Waterford offers strong medical resources for families and retirees. The area’s healthcare index further highlights accessible and dependable services.
Major Hospitals
Name:
Lawrence + Memorial Hospital
Address:
365 Montauk Ave, New London, CT 06320
Phone:
(860) 442-0711
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
95.2%
Health Care Index:
77.8
Housing Market
What is the housing market like in Waterford, CT?
Waterford’s housing market features a high owner-occupancy rate of 77%, with a median home price of $340,000. Rental options are available, with average two-bedroom rents at $1,425 and a healthy vacancy rate. The market has seen a recent appreciation of 6.3%, indicating continued demand and investment stability.
Median Home Price:
$340,000
Average Rent For 2 Bedroom:
$1,425
Owner Occupied Rate:
77.3%
Rental Vacancy Rate:
6.7%
Home Appreciation Rate (1yr):
6.3%
New Construction Rate:
0.8%
Foreclosure Rate:
0.4%
DMV Information
Services for vehicle registration and licensing are handled by the Connecticut Department of Motor Vehicles, with the nearest main office in Wethersfield. Residents can access convenient online resources and telephone support for most DMV needs. The DMV’s website provides up-to-date information for Waterford drivers.
State:
Connecticut
Department:
Connecticut Department of Motor Vehicles
Address:
60 State Street, Wethersfield, CT 06161
Phone:
1-860-263-5700
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.