How much do homeowners pay a month in Waterford (community), CT?
Homeowners with a mortgage in Waterford (community), CT pay a median of $1,808 (±$167) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $902 (±$73).
52.4% of owned homes carry a mortgage.
In Waterford (community), the median monthly cost with a mortgage went from $1,558 in 2015–2019 to $1,808 in 2020–2024 (+16.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,808 (±$167)
- Without a mortgage
- $902 (±$73)
- Owned with a mortgage
- 52.4%
Monthly owner costs in Waterford (community)
| Waterford (community) | Southeastern Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| With a mortgage | $1,808 (±$167) | $2,140 (±$34) | $2,429 (±$11) | $1,963 |
| Without a mortgage | $902 (±$73) | $931 (±$16) | $1,071 (±$7) | $638 |
| Owned homes with a mortgage | 52.4% (±10.3 points) | 60.7% (±1.3 points) | 64.6% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $3,414 (±$239) | $5,228 (±$109) | $6,643 (±$25) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Waterford (community), the median cost with a mortgage is lower than in Southeastern Connecticut Planning Region ($2,140).
It is also lower than in Connecticut ($2,429).
It is not measurably different from the national figure ($1,963).
In Southeastern Connecticut Planning Region, Waterford (community) ranks 11 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 119 of 131.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Waterford (community) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,558 (±$131) | $1,808 (±$167) | +16.0% | No measurable change after inflation |
| Median real estate taxes | $3,219 (±$281) | $3,414 (±$239) | +6.1% | Down after inflation |
| Median home value | $197,600 (±$13,984) | $282,900 (±$34,209) | +43.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Waterford (community)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Waterford (community) | — | $1,808 (±$167) | — |
| New London | 2.0 mi | $1,774 (±$93) | Not measurably different |
| Long Hill (Southeastern Connecticut Planning Region) | 4.1 mi | $1,486 (±$388) | Not measurably different |
| Niantic | 4.2 mi | $2,110 (±$371) | Not measurably different |
| Conning Towers-Nautilus Park | 4.5 mi | $2,101 (±$274) | Not measurably different |
| Groton | 5.1 mi | $2,098 (±$107) | Higher |
| East Lyme | 5.3 mi | $2,448 (±$123) | Higher |
| Gales Ferry | 5.7 mi | $2,621 (±$560) | Higher |
| Poquonock Bridge | 6.1 mi | $1,579 (±$203) | Not measurably different |
Nearby places with a measurably higher figure: Groton, CT ($2,098), East Lyme, CT ($2,448), Gales Ferry, CT ($2,621).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Southeastern Connecticut Planning Region, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Old Mystic | $2,148 (±$269) |
| 6 | Niantic | $2,110 (±$371) |
| 7 | Conning Towers-Nautilus Park | $2,101 (±$274) |
| 8 | Oxoboxo River | $2,077 (±$168) |
| 9 | Colchester (community) | $2,012 (±$163) |
| 10 | Pawcatuck | $1,931 (±$226) |
| 11 | Waterford (community) | $1,808 (±$167) |
| 12 | Willimantic | $1,753 (±$108) |
| 13 | South Windham | $1,634 (±$622) |
| 14 | Poquonock Bridge | $1,579 (±$203) |
| 15 | Long Hill (Southeastern Connecticut Planning Region) | $1,486 (±$388) |
Showing 11 of 15 places in Southeastern Connecticut Planning Region, ranked from highest to lowest.
Waterford (community) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Waterford, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Waterford (community)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Waterford (community) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Waterford (community), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Waterford (community), and send estimates and invoices from your phone.
Questions about Waterford (community)
What is the average mortgage payment in Waterford (community)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Waterford (community), CT is $1,808 (±$167) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Waterford (community)?
Owners without a mortgage in Waterford (community) pay a median of $902 (±$73) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Waterford (community) gone up?
In Waterford (community), the median monthly cost with a mortgage went from $1,558 in 2015–2019 to $1,808 in 2020–2024 (+16.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Waterford CDP, Connecticut
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Waterford CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Waterford CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Waterford CDP, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waterford CDP, Connecticut (place:80210, in state:09).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Waterford (community) at a glance
- Median rent in Waterford (community)
- Rent by bedrooms in Waterford (community)
- Rent burden in Waterford (community)
- Renters and owners in Waterford (community)
- Income and affordability in Waterford (community)
- Home values in Waterford (community)
- Property taxes in Waterford (community)
- Types of homes in Waterford (community)
- Bedrooms in Waterford (community)
- Age of homes in Waterford (community)
- Heating fuel in Waterford (community)
- Commute and cars in Waterford (community)
- Population growth in Waterford (community)
- How long people stay in Waterford (community)
- Connecticut landlord and tenant rules
- Housing across Southeastern Connecticut Planning Region
- Housing data for every place in Connecticut