Michigan / Oakland County

Moving to Waterford, MI

Thinking of making a move to Waterford, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Waterford, MI

Considering a move to Waterford, MI? This welcoming community of 72,000 residents offers a blend of suburban charm and convenience, with median home prices around $265,000 and average rents near $1,320. Commute times average 28 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (52% annually), ideal for families and commuters alike. Explore Waterford's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Waterford, MI

Waterford has a population of 72,000 residents, offering a diverse community with a median age of nearly 40 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 87% White, 8% Black, and 2% Asian residents, and over 7% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
72,000
Density
1,900 per sq mi
Median Age
40.2
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
7.4%

Ethnic Composition

White
86.5%
Black
7.8%
Asian
1.8%
Others
3.9%

Cost Of Living

What is the average cost of living in Waterford, MI?

The cost of living in Waterford is higher than the national average, with a cost of living index of 98.6. Median home values are around $265,000 and average rents for a two-bedroom apartment are approximately $1,320. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$265,000
Gross Rent
$1,320
Monthly Electricity Charges
$145
Auto Insurance
$2,250
House Owner Cost With Mortgage
$1,880
House Owner Cost Without Mortgage
$720
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
98.6
Grocery
98.9
Housing
95.4
Utilities
101.8
Transportation
99.2
Health Care
95.7
Miscellaneous
97.8

Crime

Is Waterford, MI a safe place to live?

Waterford is considered a safe community, with a low violent crime rate of 190 incidents per 100,000 residents and a property crime chance of 1 in 62. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
190
Property Crimes Per 100k
1,620
Crime Index
1,810
Chance Of Violent Crime
1 in 526
Chance Of Property Crime
1 in 62

Weather

What is the weather like in Waterford, MI year-round?

Waterford experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 18°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 52% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
34°F

Summer

Min
62°F
Max
83°F

Spring

Min
39°F
Max
64°F

Fall

Min
43°F
Max
66°F
Average Rainfall Inches
31.5 inches
Sunny Days Percentage
52%

Neighbors

The neighborhood boasts a healthy median household income of $78,500 and a low poverty rate of 8.4%. Over 92% of residents have at least a high school diploma, and nearly 26% hold a bachelor's degree or higher. Commute times average 28 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$39,000
Household Income
$78,500
Family Income
$91,000
Per Capita Income
$34,500
Income Male
$43,500
Income Female
$34,800
Poverty Rate
8.4%
Non English Speakers
11.8%
Rent
$1,320
Unemployment Rate
4.6%
Public Transport Usage
2.8%
Commute Time
28.4 minutes

Education

High School or Higher
92.1%
Bachelors or More
25.6%

Education

How are the schools in Waterford, MI?

Waterford offers quality education options, with public schools like Mott High School and Waterford Mott Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Oakland Community College and Baker College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Mott High School
Street
1151 Scott Lake Rd
Phone
248-674-3180
Students
1,450
Student Teacher Ratio
19.1
Name
Waterford Mott Middle School
Street
1490 Cresent Lake Rd
Phone
248-674-3170
Students
780
Student Teacher Ratio
18.4

Private Schools

Name
Our Lady of the Lakes Catholic School
Street
5495 Dixie Hwy
Phone
248-623-2571
Students
420

Colleges

Name
Oakland Community College
City
Auburn Hills
State
MI
Distance
9 miles
Students
28,000
Name
Baker College
City
Auburn Hills
State
MI
Distance
10 miles
Students
1,500

Healthcare

Waterford residents have access to quality healthcare, with major hospitals like Huron Valley-Sinai Hospital and Ascension Providence Rochester Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.4 per 1,000 people and 93.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Huron Valley-Sinai Hospital
Address
1 William Carls Dr, Commerce Township, MI 48382
Phone
(248) 937-3300
Type
General & Surgical
Emergency Services
Yes
Name
Ascension Providence Rochester Hospital
Address
1101 W University Dr, Rochester, MI 48307
Phone
(248) 652-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.4
Health Insurance Coverage
93.0%
Health Care Index
72.4

Housing Market

What is the housing market like in Waterford, MI?

The local housing market is strong, with a median home price of $265,000 and an owner-occupied rate of nearly 79%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 6.1%. Waterford offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$265,000
Average Rent For 2 Bedroom
$1,320
Owner Occupied Rate
79.4%
Rental Vacancy Rate
6.1%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
1.3%
Foreclosure Rate
0.4%

DMV Information

Residents of Waterford handle vehicle services through the Michigan Secretary of State, conveniently located in Lansing. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Secretary of State
Address
Lansing, MI 48918
Phone
(888) 767-6424

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.

FAQs About Moving to Waterford, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Waterford, review the core fields on this page: population 72,000, median home value $265,000, average rent for 2 bedroom $1,320, commute time 28.4 minutes, and sunny days percentage 52%.

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