Population 266 · Census ACS 2020–24
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Population and households in Waterford Mills
Household size in Waterford Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.69 | 2.57 | 2.68 |
| 2010–14 | 2.54 | 2.59 | 2.73 |
| 2015–19 | 2.81 | 2.57 | 2.71 |
| 2020–24 | 3.22 | 2.54 | 2.65 |
| Change | +0.52 | −0.03 | −0.03 |
Waterford Mills is a place of big households: 3.22 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Household size has climbed from 2.69 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 42.3 | 37.5 | 37.7 |
| 2010–14 | 40.3 | 38.4 | 38.6 |
| 2015–19 | 45.2 | 39.1 | 39.6 |
| 2020–24 | 36.1 | 39.3 | 40.1 |
| Change | −6.2 | +1.7 | +2.3 |
Waterford Mills is younger than the country as a whole: its median age is 36.1, against 40.1 nationally.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 11.8% | 12.3% |
| 2010–14 | 12.8% | 12.0% | 12.3% |
| 2015–19 | 6.2% | 11.6% | 11.6% |
| 2020–24 | 16.3% | 11.7% | 11.6% |
| Change | +9.3 pts | −0.1 pts | −0.6 pts |
Single parents head about one in six households in Waterford Mills (16.3%), well above 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 Mills
Renters in Waterford Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.8% | 28.5% | 33.3% |
| 2010–14 | 22.3% | 30.5% | 35.6% |
| 2015–19 | 15.0% | 30.9% | 36.0% |
| 2020–24 | 18.9% | 29.4% | 34.8% |
| Change | +6.2 pts | +1.0 pts | +1.5 pts |
Waterford Mills is largely a place of homeowners: only 18.9% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About a third of owners (33.6%) have paid off their mortgages, below the national share of 39.8%.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.2% | 11.2% | 11.4% |
| 2010–14 | 6.2% | 11.2% | 11.4% |
| 2015–19 | 8.0% | 10.9% | 11.1% |
| 2020–24 | 8.9% | 9.3% | 9.6% |
| Change | −2.3 pts | −2.0 pts | −1.8 pts |
Vacancy in Waterford Mills is close to the national rate: 8.9% of homes are empty, against 9.6%.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1981 | 1972 | 1974 |
| 2010–14 | 1981 | 1973 | 1975 |
| 2015–19 | 1982 | 1974 | 1977 |
| 2020–24 | 1973 | 1977 | 1980 |
| Change | −8 | +5 | +6 |
Homes in Waterford Mills run older than the national norm, with a median build year of 1973 against 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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $784 | $763 | $965 |
| 2010–14 | $779 | $819 | $1,040 |
| 2015–19 | $728 | $903 | $1,213 |
| 2020–24 | $1,041 | $1,146 | $1,571 |
| Change | +$257 | +$384 | +$606 |
A typical rental in Waterford Mills costs $1,041 a month with utilities, well below the national median of $1,571. Rent takes 20.9% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 Mills
Bachelor's degrees in Waterford Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 17.3% | 23.8% | 28.4% |
| 2010–14 | 19.5% | 24.6% | 29.6% |
| 2015–19 | 34.2% | 27.1% | 32.1% |
| 2020–24 | 27.7% | 30.0% | 35.6% |
| Change | +10.4 pts | +6.2 pts | +7.2 pts |
College degrees are less common in Waterford Mills than nationally: 27.7% of adults 25 and older have a bachelor's or higher, against 35.6%. Indiana as a whole looks much the same.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 81.2% | 86.5% | 84.9% |
| 2010–14 | 83.8% | 87.7% | 86.1% |
| 2015–19 | 90.2% | 88.7% | 87.7% |
| 2020–24 | 83.2% | 89.9% | 89.3% |
| Change | +1.9 pts | +3.4 pts | +4.3 pts |
About one in six adults in Waterford Mills never finished high school, well above the national share: only 83.2% have a diploma or equivalent, against 89.3% nationally.
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 Mills
| Period | Waterford Mills | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.3% | 8.4% | 8.1% |
| 2010–14 | 22.1% | 8.9% | 9.4% |
| 2015–19 | 3.9% | 4.9% | 5.6% |
| 2020–24 | 1.0% | 4.3% | 5.4% |
| Change | −8.3 pts | −4.1 pts | −2.7 pts |
The job market in Waterford Mills has been strong: just 1.0% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 Mills 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 Mills | 3.22 | 36.1 | 16.3% | 18.9% | 8.9% | 1973 | $1,041 | 27.7% | 83.2% | 1.0% |
| Goshen | 3.13 | 35.9 | 12.0% | 29.2% | 9.9% | 1981 | $1,111 | 25.3% | 83.6% | 3.7% |
| Midway | 3.69 | 28.5 | 1.6% | 7.9% | 12.8% | 1959 | $934 | 21.8% | 67.9% | 1.2% |
| New Paris | 2.98 | 35.5 | 9.2% | 10.8% | 4.6% | 1979 | $1,053 | 20.7% | 77.8% | 0.9% |
| Millersburg | 4.03 | 24.1 | 6.5% | 12.6% | 3.3% | 1987 | $965 | 9.1% | 48.8% | 3.7% |
| Dunlap | 2.76 | 40.8 | 8.9% | 13.7% | 8.4% | 1985 | $1,095 | 22.7% | 84.7% | 3.5% |
| Southwest | 3.75 | 26.5 | 1.4% | 17.3% | 7.9% | 1962 | $926 | 22.1% | 66.6% | 0.7% |
| Foraker | 3.24 | 32.9 | 1.8% | 10.2% | 10.2% | 1978 | $1,440 | 14.8% | 52.7% | 0.2% |
| Middlebury | 3.42 | 32.4 | 6.6% | 15.3% | 8.4% | 1988 | $1,137 | 19.2% | 67.5% | 2.0% |
| Indian Village | 2.60 | 38.9 | 7.7% | 25.2% | 18.9% | 1966 | $1,000 | 25.1% | 84.8% | 4.9% |
| Milford Junction | 2.91 | 40.6 | 4.5% | 9.5% | 5.4% | 1988 | $1,156 | 18.6% | 80.8% | 1.5% |
All figures 2020–24.
Cities with similar populations: Zittau, WI · Lincoln, KS · Lincoln, NJ · Lincoln, NM · Linlithgo, NY · Lippincott, PA · Listonia, GA · Litsey, KY · Little Venice, MI · Lloyd Crossroads, NC
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 Mills. 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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