Population 822 · Census ACS 2020–24
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Population and households in Waterford
Household size in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.48 | 2.57 | 2.68 |
| 2010–14 | 2.51 | 2.59 | 2.73 |
| 2015–19 | 2.42 | 2.57 | 2.71 |
| 2020–24 | 2.45 | 2.54 | 2.65 |
| Change | −0.02 | −0.03 | −0.03 |
Households in Waterford run small, averaging 2.45 people against 2.65 nationally, which usually means more singles and couples and fewer children.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 46.8 | 37.5 | 37.7 |
| 2010–14 | 47.7 | 38.4 | 38.6 |
| 2015–19 | 43.4 | 39.1 | 39.6 |
| 2020–24 | 46.3 | 39.3 | 40.1 |
| Change | −0.5 | +1.7 | +2.3 |
With a median age of 46.3, Waterford is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.8% | 11.8% | 12.3% |
| 2010–14 | 9.8% | 12.0% | 12.3% |
| 2015–19 | 10.6% | 11.6% | 11.6% |
| 2020–24 | 7.6% | 11.7% | 11.6% |
| Change | +0.7 pts | −0.1 pts | −0.6 pts |
Single parents head only 7.6% of households in Waterford, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Waterford
Renters in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 3.0% | 28.5% | 33.3% |
| 2010–14 | 16.2% | 30.5% | 35.6% |
| 2015–19 | 23.5% | 30.9% | 36.0% |
| 2020–24 | 21.8% | 29.4% | 34.8% |
| Change | +18.8 pts | +1.0 pts | +1.5 pts |
Waterford is largely a place of homeowners: only 21.8% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 48.3% have no mortgage at all, above the national share of 39.8%. The renter share has risen 18.8 points since 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 4.4% | 11.2% | 11.4% |
| 2010–14 | 6.5% | 11.2% | 11.4% |
| 2015–19 | 4.6% | 10.9% | 11.1% |
| 2020–24 | 5.9% | 9.3% | 9.6% |
| Change | +1.4 pts | −2.0 pts | −1.8 pts |
Vacancy is on the low side in Waterford: 5.9% of homes sit empty, against 9.6% nationally, which points to steady demand for housing.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1975 | 1972 | 1974 |
| 2010–14 | 1977 | 1973 | 1975 |
| 2015–19 | 1977 | 1974 | 1977 |
| 2020–24 | 1978 | 1977 | 1980 |
| Change | +3 | +5 | +6 |
The typical home in Waterford was built around 1978, about the same vintage as the country's housing overall (1980).
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $736 | $763 | $965 |
| 2010–14 | $712 | $819 | $1,040 |
| 2015–19 | $850 | $903 | $1,213 |
| 2020–24 | $1,146 | $1,146 | $1,571 |
| Change | +$410 | +$384 | +$606 |
Rent in Waterford runs $1,146 a month at the median, utilities included, well below the U.S. median of $1,571. Indiana as a whole looks much the same. The typical renter here spends 29.1% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Waterford
Bachelor's degrees in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 24.3% | 23.8% | 28.4% |
| 2010–14 | 15.6% | 24.6% | 29.6% |
| 2015–19 | 15.6% | 27.1% | 32.1% |
| 2020–24 | 29.6% | 30.0% | 35.6% |
| Change | +5.3 pts | +6.2 pts | +7.2 pts |
College degrees are a little less common in Waterford than nationally: 29.6% of adults 25 and older have a bachelor's or higher, against 35.6%. That is in line with the rest of Indiana.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 91.0% | 86.5% | 84.9% |
| 2010–14 | 89.3% | 87.7% | 86.1% |
| 2015–19 | 91.0% | 88.7% | 87.7% |
| 2020–24 | 92.7% | 89.9% | 89.3% |
| Change | +1.8 pts | +3.4 pts | +4.3 pts |
Just over nine in ten adults in Waterford have finished high school (92.7%), above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Waterford
| Period | Waterford | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 4.0% | 8.4% | 8.1% |
| 2010–14 | 6.8% | 8.9% | 9.4% |
| 2015–19 | 8.5% | 4.9% | 5.6% |
| 2020–24 | 5.1% | 4.3% | 5.4% |
| Change | +1.1 pts | −4.1 pts | −2.7 pts |
At 5.1%, unemployment in Waterford is close to the national rate of 5.4%. The rate is higher than in Indiana as a whole (4.3%). Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Waterford compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Waterford | 2.45 | 46.3 | 7.6% | 21.8% | 5.9% | 1978 | $1,146 | 29.6% | 92.7% | 5.1% |
| Trail Creek | 2.34 | 36.3 | 16.7% | 37.3% | 9.1% | 1971 | $1,044 | 18.6% | 92.6% | 6.7% |
| Michigan City | 2.33 | 41.1 | 16.2% | 31.9% | 13.5% | 1961 | $1,066 | 20.0% | 89.2% | 8.5% |
| Pinola | 2.66 | 45.4 | 14.6% | 14.9% | 20.6% | 1977 | $1,243 | 28.3% | 97.1% | 0.6% |
| Pottawattamie Park | 1.77 | 63.5 | 0.5% | 44.3% | 33.3% | 1967 | $1,039 | 56.7% | 97.3% | 3.2% |
| Long Beach | 1.75 | 60.6 | 3.6% | 33.8% | 25.7% | 1961 | $1,314 | 66.5% | 99.0% | 2.7% |
| Town of Pines | 2.05 | 53.6 | 2.2% | 14.3% | 14.9% | 1962 | $891 | 18.4% | 84.6% | 2.5% |
| Otis | 2.19 | 54.6 | 6.6% | 18.4% | 10.6% | 1989 | $1,323 | 24.0% | 94.6% | 1.6% |
| Michiana Shores | 2.10 | 57.4 | 2.0% | 3.6% | 26.4% | 1968 | $2,275 | 50.3% | 95.7% | 1.5% |
| La Porte | 2.49 | 40.7 | 13.5% | 25.5% | 10.9% | 1969 | $994 | 23.7% | 91.9% | 3.6% |
| Michiana | 1.84 | 64.3 | 5.3% | 7.5% | 64.2% | 1983 | $1,056 | 72.8% | 99.4% | 3.4% |
All figures 2020–24.
Cities with similar populations: Rockdale, WI · Locust Grove, AR · Lolita, TX · Lower Salem, OH · Lyons, WI · Macomb, OK · Manchester-By-The-Sea, MA · Manns Harbor, NC · Marlow, NH · Marty, SD
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Waterford. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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