Is Waterford, CT growing?
Waterford, CT had an estimated 19,673 (±38) residents in 2020–2024, against 18,935 in 2015–2019.
That is a change of +3.9%, a measurable increase.
Its housing went from 8,426 to 8,990 homes (+6.7%), a measurable increase.
0.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 19,673 (±38)
- Amount of change
- +3.9%
- Homes change
- +6.7%
- Built 2020 or later
- 0.9%
Residents and homes in Waterford, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 18,935 (±31) | 19,673 (±38) | +3.9% | Measurable increase |
| Housing units | 8,426 (±307) | 8,990 (±326) | +6.7% | Measurable increase |
| Households that rent | 18.0% (±2.6 points) | 20.3% (±4.2 points) | +2.3 percentage points | Not a measurable change |
| Median gross rent | $1,312 (±$78) | $1,651 (±$153) | +25.8% | No measurable change after inflation |
| Median home value | $252,200 (±$9,120) | $355,900 (±$13,589) | +41.1% | 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.
Growth in Waterford against Southeastern Connecticut Planning Region, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Waterford | +3.9% | Measurable increase | +6.7% |
| Southeastern Connecticut Planning Region | — | — | — |
| Connecticut | +1.4% | Measurable increase | +1.7% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Waterford
| Year built | Waterford | Southeastern Connecticut Planning Region | Connecticut | United States |
|---|---|---|---|---|
| 2020 or later | 0.9% (±0.6 points) | 0.8% | 0.7% | 2.0% |
| 2010 to 2019 | 3.7% (±1.7 points) | 4.0% | 4.5% | 9.4% |
| 2000 to 2009 | 11.6% (±2.7 points) | 9.8% | 7.1% | 13.6% |
4.6% of the homes in Waterford were built in 2010 or later.
The median age of residents is 46.0 years.
Growth in places near Waterford
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Waterford | — | 19,673 | +3.9% | Measurable increase |
| New London | 2.9 mi | 27,625 | +2.4% | Measurable increase |
| Niantic | 3.7 mi | 3,123 | +6.4% | Not a measurable change |
| East Lyme | 4.3 mi | 18,721 | 0.0% | Not a measurable change |
| Long Hill (Southeastern Connecticut Planning Region) | 5.0 mi | 4,399 | +0.7% | Not a measurable change |
| Conning Towers-Nautilus Park | 5.0 mi | 8,460 | −13.5% | Measurable decrease |
| Gales Ferry | 5.8 mi | 1,141 | +26.9% | Not a measurable change |
| Groton | 6.0 mi | 38,130 | −1.8% | Measurable decrease |
| Oxoboxo River | 6.5 mi | 2,782 | −1.5% | Not a measurable change |
The figures for Waterford include the places inside it that have pages of their own: Waterford (community).
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
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 beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Waterford, 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, and send estimates and invoices from your phone.
Questions about Waterford
Is Waterford growing?
Waterford, CT had an estimated 19,673 residents in 2020–2024 and 18,935 in 2015–2019, a change of +3.9%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Waterford?
The estimated number of housing units went from 8,426 in 2015–2019 to 8,990 in 2020–2024 (+6.7%), a measurable increase.
How much new construction is there in Waterford?
0.9% of homes in Waterford were built in 2020 or later and 3.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Waterford town, Southeastern Connecticut Planning Region, Connecticut
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford town, Southeastern Connecticut Planning Region, 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) for Waterford town, Southeastern Connecticut Planning Region, Connecticut (county subdivision:80280, in state:09 county:180).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 at a glance
- Median rent in Waterford
- Rent by bedrooms in Waterford
- Rent burden in Waterford
- Renters and owners in Waterford
- Income and affordability in Waterford
- Home values in Waterford
- Homeowner costs in Waterford
- Property taxes in Waterford
- Types of homes in Waterford
- Bedrooms in Waterford
- Age of homes in Waterford
- Vacancy rate in Waterford
- Heating fuel in Waterford
- Commute and cars in Waterford
- Crime reported to police in Waterford
- How long people stay in Waterford
- Crowding and facilities in Waterford
- Connecticut landlord and tenant rules
- Housing across Southeastern Connecticut Planning Region
- Housing data for every place in Connecticut