What percentage of people rent in Waterford (community), CT?

33.1% (±9.7 points) of the occupied homes in Waterford (community), CT are rented (2020–2024 American Community Survey).

That is 538 renting households against 1,087 that own their home.

In Waterford (community), the share of households that rent went from 30.0% in 2015–2019 to 33.1% in 2020–2024 (+3.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
33.1% (±9.7 points)
Renting households
538 (±193)
Median renter income
$70,333 (±$56,605)

Who rents and who owns in Waterford (community)

Tenure, estimate (90% margin of error)
Waterford (community)Southeastern Connecticut Planning RegionConnecticutUnited States
Renter-occupied share33.1% (±9.7 points)34.9% (±1.1 points)33.5% (±0.3 points)34.8%
Renting households538 (±193)40,427 (±1,309)481,018 (±4,678)45,017,354
Owning households1,087 (±159)75,341 (±1,292)952,989 (±5,585)84,210,142
Average renter household size1.6 (±0.2)2.1 (±0.0)2.1 (±0.0)2.3
Average owner household size2.2 (±0.2)2.4 (±0.0)2.6 (±0.0)2.6
Median renter household income$70,333 (±$56,605)$49,626 (±$2,346)$52,072 (±$906)$52,966
Median owner household income$74,121 (±$6,511)$111,365 (±$2,302)$125,125 (±$969)$100,009

In Waterford (community), the renter share is not measurably different from Southeastern Connecticut Planning Region (34.9%).

It is not measurably different from Connecticut (33.5%).

It is not measurably different from the national figure (34.8%).

In Southeastern Connecticut Planning Region, Waterford (community) ranks 10 of 15 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 42 of 132.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Waterford (community) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent30.0% (±7.6 points)33.1% (±9.7 points)+3.1 percentage pointsNot a measurable change
Median gross rent$1,187 (±$146)$1,668 (±$133)+40.5%No measurable change after inflation
Median household income$56,181 (±$14,481)$73,156 (±$7,397)+30.2%No measurable change 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.

Households that rent in places near Waterford (community)

Nearest places with a published estimate, compared with Waterford (community)
PlaceDistanceHouseholds that rentCompared with this place
Waterford (community)—33.1% (±9.7 points)—
New London2.0 mi63.9% (±3.1 points)Higher
Long Hill (Southeastern Connecticut Planning Region)4.1 mi77.6% (±8.1 points)Higher
Niantic4.2 mi27.5% (±9.3 points)Not measurably different
Conning Towers-Nautilus Park4.5 mi79.2% (±7.1 points)Higher
Groton5.1 mi46.6% (±2.9 points)Higher
East Lyme5.3 mi24.4% (±3.7 points)Not measurably different
Gales Ferry5.7 mi21.0% (±24.2 points)Not measurably different
Poquonock Bridge6.1 mi53.2% (±17.0 points)Higher

Nearby places with a measurably higher figure: New London, CT (63.9%), Long Hill (Southeastern Connecticut Planning Region), CT (77.6%), Conning Towers-Nautilus Park, CT (79.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Southeastern Connecticut Planning Region, place by place

RankPlaceHouseholds that rent
4Baltic62.2% (±13.2 points)
5Poquonock Bridge53.2% (±17.0 points)
6Colchester (community)46.5% (±7.6 points)
7Pawcatuck41.7% (±6.2 points)
8Mystic33.7% (±7.2 points)
9 (tie)Oxoboxo River33.1% (±10.5 points)
9 (tie)Waterford (community)33.1% (±9.7 points)
11Niantic27.5% (±9.3 points)
12Gales Ferry21.0% (±24.2 points)
13Noank20.5% (±8.1 points)
14South Windham20.0% (±11.8 points)
15Old Mystic9.7% (±5.6 points)

Showing 12 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)

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Questions about Waterford (community)

How many renters are there in Waterford (community)?

Waterford (community) has an estimated 538 (±193) renting households, 33.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Waterford (community)?

In Waterford (community), the share of households that rent went from 30.0% in 2015–2019 to 33.1% in 2020–2024 (+3.1 percentage points), not a measurable change.

How big are renting households in Waterford (community)?

A renting household in Waterford (community) has 1.6 people on average, against 2.2 in an owned home.

How much do renters earn in Waterford (community)?

The median renting household in Waterford (community), CT has an income of $70,333 (±$56,605) a year, against $74,121 for households that own their home.

Sources

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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