Everything You Should Know Before Moving to Waterford, PA
Considering a move to Waterford, PA? With a population of 1,463, this friendly small town features a low cost of living, with median home prices near $155,000 and rents around $800. Residents enjoy short, 25-minute commutes, low crime rates, and access to well-regarded local schools. Waterford offers a close-knit community feel, affordable housing, and four distinct seasons—making it a great choice for those seeking comfort and value in northwestern Pennsylvania.
Demographics - Waterford, PA
Demographics - Waterford, PA
Waterford, PA is a small town of 1,463 residents, characterized by a predominantly White population and a median age of just over 40. The community has a balanced gender ratio and a relatively high population density for its size, creating a friendly, close-knit environment. Non-English speakers make up only a small portion of the population, contributing to a cohesive local culture.
Population:
1,463
Density:
1,310 per sq mi
Median Age:
40.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
2.1%

Ethnic Composition
White:
96.3%
Black:
0.7%
Asian:
0.6%
Others:
2.4%
Cost Of Living
What is the average cost of living in Waterford, PA?
Waterford boasts a cost of living index well below the national average, with median home values at $155,000 and typical rents around $800 per month. Living expenses such as utilities and groceries remain affordable, making the town attractive for budget-conscious families. State taxes are consistent and relatively low, further supporting financial ease for residents.
Median House Value:
$155,000
Gross Rent:
$800
Monthly Electricity Charges:
$110
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,080
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
3.07%
|
High:
3.07%
Cost Of Living Index:
86.2
Grocery:
97.1
Housing:
68.5
Utilities:
104.2
Transportation:
96.0
Health Care:
98.4
Miscellaneous:
92.0
Crime
Is Waterford, PA a safe place to live?
Waterford is a notably safe community, with violent crime rates as low as 85 incidents per 100,000 people and a property crime risk of just 1 in 104. The overall crime index is low, offering peace of mind for families and individuals alike. Residents enjoy a secure, peaceful setting rare in many towns.
Violent Crimes Per 100k:
85
Property Crimes Per 100k:
960
Crime Index:
1,045
Chance Of Violent Crime:
1 in 1,175
Chance Of Property Crime:
1 in 104
Weather
What is the weather like in Waterford, PA year-round?
Residents of Waterford experience four distinct seasons, with warm summers peaking at 80°F and cold winters dipping to 18°F. The town receives about 44.5 inches of annual rainfall and enjoys sun on 46% of days. This varied climate allows for classic seasonal activities throughout the year.

Winter
Min:
18°F
Max:
34°F

Spring
Min:
36°F
Max:
63°F

Summer
Min:
58°F
Max:
80°F

Fall
Min:
41°F
Max:
65°F
Average Rainfall Inches:
44.5 inches
Sunny Days Percentage:
46%
Neighbors
Waterford's households typically earn around $61,250, with a poverty rate under 10% and a low unemployment rate of 4.8%. The vast majority of adults have completed high school, and most residents commute about 25 minutes to work. The community is largely English-speaking and offers a stable, welcoming environment.
Median Income:
$35,400
Household Income:
$61,250
Family Income:
$72,900
Per Capita Income:
$29,900
Income Male:
$41,200
Income Female:
$32,500
Poverty Rate:
9.8%
Non English Speakers:
2.1%
Rent:
$800
Unemployment Rate:
4.8%
Public Transport Usage:
0.5%
Commute Time:
24.6 minutes

Education
High School or Higher:
92.3%
Bachelors or More:
19.5%
Education
How are the schools in Waterford, PA?
Waterford families benefit from well-rated public schools, such as Waterford Elementary and Fort LeBoeuf Middle School, offering favorable student-teacher ratios. Private education options and nearby colleges like Penn State Behrend and Gannon University expand opportunities for learners of all ages. The town supports a strong educational foundation for students.

Public Schools
Name:
Waterford Elementary School
Street:
11000 Station Rd
Phone:
814-796-3200
Students:
370
Student Teacher Ratio:
15.4
Name:
Fort LeBoeuf Middle School
Street:
865 Cherry St
Phone:
814-796-3700
Students:
480
Student Teacher Ratio:
13.7

Private Schools
Name:
Erie First Christian Academy
Street:
8150 Oliver Rd, Erie, PA
Phone:
814-864-3306
Students:
310

Colleges
Name:
Penn State Behrend
City:
Erie
State:
PA
Distance:
14 miles
Students:
4,400
Name:
Gannon University
City:
Erie
State:
PA
Distance:
18 miles
Students:
4,400
Healthcare
Residents have access to major medical centers such as UPMC Hamot and Saint Vincent Hospital in nearby Erie, both offering comprehensive emergency services. With nearly 94% of locals covered by health insurance and 1.8 physicians per 1,000 people, healthcare access and quality are strong. The healthcare index indicates reliable and affordable services for families.

Major Hospitals
Name:
UPMC Hamot
Address:
201 State St, Erie, PA 16550
Phone:
(814) 877-6000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Saint Vincent Hospital
Address:
232 W 25th St, Erie, PA 16544
Phone:
(814) 452-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
93.6%
Health Care Index:
77.1
Housing Market
What is the housing market like in Waterford, PA?
The local housing market is highly affordable, with a median home price of $155,000 and a strong owner-occupied rate exceeding 70%. Rental options remain accessible, with average two-bedroom rents at $800 and a moderate vacancy rate. Home values have appreciated steadily, making Waterford an appealing place to invest or settle down.
Median Home Price:
$155,000
Average Rent For 2 Bedroom:
$800
Owner Occupied Rate:
70.5%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.8%
Foreclosure Rate:
0.7%
DMV Information
Waterford residents are served by PennDOT Driver & Vehicle Services, conveniently located in nearby Erie. Services such as licensing and vehicle registration are easily accessible, with helpful resources available both in person and online. The DMV ensures smooth transportation needs for the community.
State:
Pennsylvania
Department:
PennDOT Driver & Vehicle Services
Address:
1101 State Street, Erie, PA 16501
Phone:
1-800-932-4600
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.