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 70,565 residents offers a blend of suburban charm and convenience, with median home prices around $255,000 and average rents near $1,200. 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 (49% 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 70,565 residents, offering a diverse community with a median age of nearly 41 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 85% White, 6% 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
70,565
Density
2,200 per sq mi
Median Age
41.0
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
7.2%

Ethnic Composition

White
85.0%
Black
5.6%
Asian
1.8%
Others
7.6%

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 94.6. Median home values are around $255,000 and average rents for a two-bedroom apartment are approximately $1,200. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$255,000
Gross Rent
$1,200
Monthly Electricity Charges
$120
Auto Insurance
$2,340
House Owner Cost With Mortgage
$1,675
House Owner Cost Without Mortgage
$520
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
94.6
Grocery
94.1
Housing
83.2
Utilities
96.7
Transportation
105.5
Health Care
90.3
Miscellaneous
97.5

Crime

Is Waterford, MI a safe place to live?

Waterford is considered a safe community, with a low violent crime rate of 224 incidents per 100,000 residents and a property crime chance of 1 in 67. 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
224
Property Crimes Per 100k
1,495
Crime Index
1,719
Chance Of Violent Crime
1 in 446
Chance Of Property Crime
1 in 67

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 17°F. The area receives about 33 inches of rainfall annually and enjoys sunshine on 49% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
17°F
Max
33°F

Summer

Min
60°F
Max
83°F

Spring

Min
37°F
Max
63°F

Fall

Min
40°F
Max
66°F
Average Rainfall Inches
33.2 inches
Sunny Days Percentage
49%

Neighbors

The neighborhood boasts a healthy median household income of $74,300 and a low poverty rate of 9.0%. Over 94% 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 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$36,800
Household Income
$74,300
Family Income
$87,100
Per Capita Income
$34,900
Income Male
$48,200
Income Female
$38,600
Poverty Rate
9.0%
Non English Speakers
7.2%
Rent
$1,200
Unemployment Rate
4.7%
Public Transport Usage
0.8%
Commute Time
28.4 minutes

Education

High School or Higher
93.5%
Bachelors or More
25.8%

Education

How are the schools in Waterford, MI?

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

Public Schools

Name
Waterford Kettering High School
Street
2800 Kettering Dr
Phone
248-674-0113
Students
1,250
Student Teacher Ratio
21.5
Name
Pierce Middle School
Street
5145 Hatchery Rd
Phone
248-674-6240
Students
700
Student Teacher Ratio
19.2

Private Schools

Name
Our Lady of the Lakes Catholic School
Street
5495 Dixie Hwy
Phone
248-623-0340
Students
380

Colleges

Name
Oakland Community College – Highland Lakes Campus
City
Waterford
State
MI
Distance
0 miles
Students
3,200
Name
Oakland University
City
Rochester
State
MI
Distance
9 miles
Students
18,000

Healthcare

Waterford residents have access to quality healthcare, with major hospitals like McLaren Oakland Hospital and Ascension Providence Hospital - Rochester nearby. The community benefits from a high physician-to-resident ratio of 2.2 per 1,000 people and 92.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
McLaren Oakland Hospital
Address
50 N Perry St, Pontiac, MI 48342
Phone
(248) 338-5000
Type
General & Surgical
Emergency Services
Yes
Name
Ascension Providence Hospital - Rochester
Address
1101 W University Dr, Rochester, MI 48307
Phone
(248) 652-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.2
Health Insurance Coverage
92.4%
Health Care Index
68.9

Housing Market

What is the housing market like in Waterford, MI?

The local housing market is strong, with a median home price of $255,000 and an owner-occupied rate of nearly 76%. The market has seen a 3.4% appreciation over the past year, and rental vacancy rates remain moderate at 6.0%. Waterford offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$255,000
Average Rent For 2 Bedroom
$1,200
Owner Occupied Rate
76.4%
Rental Vacancy Rate
6.0%
Home Appreciation Rate (1yr)
3.4%
New Construction Rate
1.1%
Foreclosure Rate
0.7%

DMV Information

Residents of Waterford handle vehicle services through the Michigan Secretary of State, conveniently located in Waterford. 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
Secretary of State Office, 1151 Scott Lake Rd, Waterford, MI 48328
Phone
1-888-767-6424

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 70,565, median home value $255,000, average rent for 2 bedroom $1,200, commute time 28.4 minutes, and sunny days percentage 49%.

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