How many renters in Waterford, CT pay more than 30% of their income on rent?
44.4% (±12.2 points) of renting households in Waterford, CT spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
38.0% spend 35% or more.
The median renting household spends 28.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 44.4% (±12.2 points)
- Paying 35% or more
- 38.0% (±11.5 points)
- Median share of income
- 28.1% (±4.1 points)
Rent as a share of income in Waterford
| Share of income spent on rent | Waterford | Southeastern Connecticut Planning Region | Connecticut | United States |
|---|---|---|---|---|
| Less than 15% | 15.9% (±7.8 points) | 10.5% | 11.5% | 12.6% |
| 15% to 19.9% | 11.3% (±7.3 points) | 11.4% | 11.4% | 12.2% |
| 20% to 24.9% | 13.7% (±11.4 points) | 13.2% | 12.3% | 12.6% |
| 25% to 29.9% | 14.7% (±6.2 points) | 13.8% | 12.3% | 11.5% |
| 30% to 34.9% | 6.4% (±4.0 points) | 10.3% | 9.1% | 9.2% |
| 35% or more | 38.0% (±11.5 points) | 40.7% | 43.5% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Waterford against Southeastern Connecticut Planning Region, its state and the nation
| Waterford | Southeastern Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Paying 30% or more | 44.4% (±12.2 points) | 51.0% (±2.7 points) | 52.6% (±0.9 points) | 51.1% |
| Paying 35% or more | 38.0% (±11.5 points) | 40.7% (±2.3 points) | 43.5% (±0.8 points) | 41.9% |
| Median share of income | 28.1% (±4.1 points) | 30.5% (±1.1 points) | 31.4% (±0.4 points) | 30.6% |
| Median renter household income | $65,093 (±$19,119) | $49,626 (±$2,346) | $52,072 (±$906) | $52,966 |
| Median gross rent | $1,651 (±$153) | $1,365 (±$26) | $1,488 (±$10) | $1,413 |
In Waterford, the share of renters paying 30% or more of income is not measurably different from Southeastern Connecticut Planning Region (51.0%).
It is not measurably different from Connecticut (52.6%).
It is not measurably different from the national figure (51.1%).
In Southeastern Connecticut Planning Region, Waterford ranks 12 of 19 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 113 of 169.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Waterford
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Waterford | — | 44.4% (±12.2 points) | — |
| New London | 2.9 mi | 53.2% (±5.6 points) | Not measurably different |
| Niantic | 3.7 mi | 58.1% (±28.3 points) | Not measurably different |
| East Lyme | 4.3 mi | 64.0% (±12.4 points) | Higher |
| Long Hill (Southeastern Connecticut Planning Region) | 5.0 mi | 42.3% (±12.8 points) | Not measurably different |
| Conning Towers-Nautilus Park | 5.0 mi | 47.5% (±10.3 points) | Not measurably different |
| Gales Ferry | 5.8 mi | 0.0% (±123.9 points) | Not measurably different |
| Groton | 6.0 mi | 46.4% (±5.3 points) | Not measurably different |
| Oxoboxo River | 6.5 mi | 61.7% (±22.7 points) | Not measurably different |
Nearby places with a measurably higher figure: East Lyme, CT (64.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Southeastern Connecticut Planning Region, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 6 | Ledyard | 53.9% (±14.2 points) |
| 7 | New London | 53.2% (±5.6 points) |
| 8 | Preston | 52.6% (±43.8 points) |
| 9 | Bozrah | 47.2% (±19.9 points) |
| 10 | Groton | 46.4% (±5.3 points) |
| 11 (tie) | Colchester | 44.4% (±14.0 points) |
| 11 (tie) | Waterford | 44.4% (±12.2 points) |
| 13 | Montville | 41.4% (±10.5 points) |
| 14 | Stonington | 36.5% (±7.5 points) |
| 15 | Lebanon | 33.0% (±36.3 points) |
| 16 | Salem | 32.1% (±46.2 points) |
| 17 | Sprague | 26.9% (±13.7 points) |
| 18 | Franklin | 19.5% (±39.5 points) |
Showing 13 of 19 places in Southeastern Connecticut Planning Region, ranked from highest to lowest.
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).
Margins of error are at the 90% confidence level.
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Questions about Waterford
Are renters in Waterford rent-burdened?
44.4% of renting households in Waterford pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Waterford spend on rent?
The median renting household in Waterford, CT spends 28.1% (±4.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford town, Southeastern Connecticut Planning Region, Connecticut
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Waterford town, Southeastern Connecticut Planning Region, Connecticut
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waterford town, Southeastern Connecticut Planning Region, Connecticut
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 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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