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These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $215,825, lower than the Pennsylvania average of $288,156.
The average cost of rent is $933/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. In Waterford, 21.27% of households rent, and 49.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $6,274 per month. Households that rent pay about 14.87% of their income on rent here. Waterford’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Le Boeuf Gardens, PA: equally priced homes
- Elgin, PA: less expensive homes
- McLane, PA: higher priced homes
- Five Points, PA: higher priced homes
- Mill Village, PA: less expensive homes
- Hammett, PA: equally priced homes
- Phillipsville, PA: equally priced homes
- McKean, PA: higher priced homes
- New Ireland, PA: less expensive homes
- Union City, PA: less expensive homes
Cities with Similar Populations
- Ely, NV: equally priced homes
- East Palestine, OH: less expensive homes
- East Pasadena, CA: higher priced homes
- East Quogue, NY: higher priced homes
- East Sandwich, MA: higher priced homes
- Eastwood, MI: less expensive homes
- Eldorado at Santa Fe, NM: higher priced homes
- Elkview, WV: less expensive homes
- Elverson, PA: higher priced homes
- East Moriches, NY: higher priced homes
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