Is Waterford Charter Township, MI growing?

Waterford Charter Township, MI had an estimated 70,160 (±52) residents in 2020–2024, against 72,976 in 2015–2019.

That is a change of −3.9%, a measurable decrease.

Its housing went from 32,659 to 32,111 homes (−1.7%), not a measurable change.

0.5% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
70,160 (±52)
Amount of change
−3.9%
Homes change
−1.7%
Built 2020 or later
0.5%

Residents and homes in Waterford Charter Township, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents72,976 (±37)70,160 (±52)−3.9%Measurable decrease
Housing units32,659 (±468)32,111 (±630)−1.7%Not a measurable change
Households that rent27.8% (±1.3 points)24.2% (±1.6 points)−3.6 percentage pointsMeasurable decrease
Median gross rent$875 (±$21)$1,111 (±$30)+27.0%No measurable change after inflation
Median home value$165,000 (±$2,166)$250,900 (±$6,444)+52.1%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 Charter Township against Oakland County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Waterford Charter Township−3.9%Measurable decrease−1.7%
Oakland County+2.1%Measurable increase+4.0%
Michigan+1.1%Measurable increase+0.6%
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 Charter Township

Housing units by year built, 2020–2024
Year builtWaterford Charter TownshipOakland CountyMichiganUnited States
2020 or later0.5% (±0.3 points)1.1%1.0%2.0%
2010 to 20192.1% (±0.6 points)5.6%4.9%9.4%
2000 to 20097.8% (±1.0 points)9.3%10.3%13.6%

2.6% of the homes in Waterford Charter Township were built in 2010 or later.

The median age of residents is 42.9 years.

Growth in places near Waterford Charter Township

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Waterford Charter Township—70,160−3.9%Measurable decrease
Lake Angelus3.8 mi238−13.1%Not a measurable change
Sylvan Lake4.2 mi1,705−6.2%Not a measurable change
Keego Harbor4.3 mi2,747−15.5%Measurable decrease
Orchard Lake Village5.1 mi2,238−10.7%Measurable decrease
Village of Clarkston5.1 mi874−11.5%Not a measurable change
Pontiac5.2 mi62,104+3.6%Measurable increase
Independence Charter Township5.9 mi36,982+0.6%Measurable increase
White Lake Charter Township6.0 mi31,046−0.5%Measurable decrease

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Waterford Charter Township

Is Waterford Charter Township growing?

Waterford Charter Township, MI had an estimated 70,160 residents in 2020–2024 and 72,976 in 2015–2019, a change of −3.9%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in Waterford Charter Township?

The estimated number of housing units went from 32,659 in 2015–2019 to 32,111 in 2020–2024 (−1.7%), not a measurable change.

How much new construction is there in Waterford Charter Township?

0.5% of homes in Waterford Charter Township were built in 2020 or later and 2.1% between 2010 and 2019.

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) for Waterford charter township, Oakland County, Michigan (county subdivision:84240, in state:26 county:125).

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.

Request a Census API 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 .

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