Everything You Should Know Before Moving to Waterford Township, MI
Considering Waterford Township, MI for your next move? With a population of about 70,565, this family-friendly suburb offers affordable living—median home prices are around $265,000 and average rents are $1,230. The township sees moderate crime rates, a typical commute of 28 minutes, and a high homeownership rate. Residents enjoy excellent access to local schools and nearby colleges, plus a classic Michigan climate with four distinct seasons. Explore more below to see if Waterford Township fits your lifestyle!
Demographics - Waterford Township, MI
Demographics - Waterford Township, MI
Waterford Township is home to approximately 70,565 residents, with a median age of 42, reflecting a mature and stable community. The area is predominantly White (87.5%), with smaller Black, Asian, and other minority populations, and nearly 9% of residents speak a language other than English at home. Its balanced gender ratio and moderate population density make it an inviting place for families and professionals alike.
Population:
70,565
Density:
2,200 per sq mi
Median Age:
42.1
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
8.7%
Ethnic Composition
White:
87.5%
Black:
5.8%
Asian:
1.5%
Others:
5.2%
Cost Of Living
What is the average cost of living in Waterford Township, MI?
Living in Waterford Township is affordable, with a median home value of $265,000 and average rents at $1,230 per month. The overall cost of living index sits below the national average, making it an attractive choice for those seeking value in housing, groceries, and transportation. Residents also benefit from moderate utility costs and state tax rates between 4.25% and 6%.
Median House Value:
$265,000
Gross Rent:
$1,230
Monthly Electricity Charges:
$115
Auto Insurance:
$2,110
House Owner Cost With Mortgage:
$1,750
House Owner Cost Without Mortgage:
$610
State Taxes:
Low:
4.25%
|
High:
6.0%
Cost Of Living Index:
94.8
Grocery:
93.1
Housing:
88.7
Utilities:
98.0
Transportation:
95.4
Health Care:
97.2
Miscellaneous:
96.3
Crime
Is Waterford Township, MI a safe place to live?
Waterford Township experiences moderate crime rates, with approximately 223 violent crimes and 1,695 property crimes per 100,000 residents. The chance of being a victim of violent crime is about 1 in 448, which is relatively low for suburban Michigan. Overall, the township offers a generally safe environment for families and individuals.
Violent Crimes Per 100k:
223
Property Crimes Per 100k:
1,695
Crime Index:
1,918
Chance Of Violent Crime:
1 in 448
Chance Of Property Crime:
1 in 59
Weather
What is the weather like in Waterford Township, MI year-round?
Residents of Waterford Township enjoy four distinct seasons, with mild summers averaging highs of 83°F and cold winters dipping to lows of 18°F. The area sees about 33 inches of rainfall annually and enjoys sunshine roughly half the year. This classic Michigan climate supports a variety of outdoor activities year-round.
Winter
Min:
18°F
Max:
33°F
Spring
Min:
38°F
Max:
63°F
Summer
Min:
62°F
Max:
83°F
Fall
Min:
43°F
Max:
66°F
Average Rainfall Inches:
33.2 inches
Sunny Days Percentage:
50%
Neighbors
Waterford Township is a middle-income community, with typical household incomes around $74,300 and a relatively low poverty rate of 8.6%. Most residents have at least a high school diploma, and the average commute is just under 28 minutes. The area is family-friendly, with a low unemployment rate and limited reliance on public transportation.
Median Income:
$40,900
Household Income:
$74,300
Family Income:
$88,900
Per Capita Income:
$36,400
Income Male:
$48,100
Income Female:
$36,900
Poverty Rate:
8.6%
Non English Speakers:
8.7%
Rent:
$1,230
Unemployment Rate:
4.1%
Public Transport Usage:
1.1%
Commute Time:
27.9 minutes
Education
High School or Higher:
93.9%
Bachelors or More:
27.4%
Education
How are the schools in Waterford Township, MI?
Waterford Township offers strong educational opportunities, with highly rated public schools like Waterford Kettering High and Pierce Middle, and a selection of private schools. The area is also close to higher education institutions, including Oakland Community College and Oakland University. Residents benefit from high graduation rates and a range of options for students of all ages.
Public Schools
Name:
Waterford Kettering High School
Street:
2800 Kettering Dr
Phone:
248-673-1261
Students:
1,250
Student Teacher Ratio:
20.1
Name:
Pierce Middle School
Street:
5145 Hatchery Rd
Phone:
248-674-7210
Students:
700
Student Teacher Ratio:
17.9
Private Schools
Name:
Our Lady of the Lakes School
Street:
5495 Dixie Hwy
Phone:
248-623-0340
Students:
360
Colleges
Name:
Oakland Community College - Highland Lakes
City:
Waterford
State:
MI
Distance:
2 miles
Students:
6,200
Name:
Oakland University
City:
Rochester
State:
MI
Distance:
11 miles
Students:
17,700
Healthcare
Residents have convenient access to major hospitals such as Ascension Providence and St. Joseph Mercy Oakland, both offering comprehensive emergency and surgical services. There are about 2.5 physicians per 1,000 people, and nearly 94% of residents have health insurance coverage. The township provides solid healthcare resources for families and individuals.
Major Hospitals
Name:
Ascension Providence Hospital - Oakland
Address:
44405 Woodward Ave, Pontiac, MI 48341
Phone:
(248) 858-3000
Type:
General & Surgical
Emergency Services:
Yes
Name:
St. Joseph Mercy Oakland
Address:
44405 Woodward Ave, Pontiac, MI 48341
Phone:
(248) 858-3000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
93.7%
Health Care Index:
77.1
Housing Market
What is the housing market like in Waterford Township, MI?
Waterford Township's housing market is stable, with a median home price of $265,000 and a high homeownership rate of nearly 77%. Average rent for a two-bedroom apartment is $1,230, and the area has seen home appreciation of 4.2% over the past year. Low foreclosure and vacancy rates indicate a healthy and active real estate market.
Median Home Price:
$265,000
Average Rent For 2 Bedroom:
$1,230
Owner Occupied Rate:
76.8%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.1%
Foreclosure Rate:
0.7%
DMV Information
Vehicle and licensing services in Waterford Township are handled by the Michigan Secretary of State, with a local branch conveniently located on Scott Lake Road. Residents can access a full range of DMV services both in-person and online. For questions, the office provides a toll-free number and a comprehensive state website.
State:
Michigan
Department:
Michigan Secretary of State
Address:
Secretary of State Branch Office, 1151 Scott Lake Rd, Waterford, MI 48328
Phone:
1-888-767-6424
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.