Housing data for Waterford, PA
Waterford, PA has an estimated 1,301 residents and 667 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a borough in Erie County.
51.3% of households rent.
The median gross rent is $1,003 a month.
Figures last updated on .
- Residents
- 1,301 (±227)
- Housing units
- 667 (±105)
- Households that rent
- 51.3%
- Median gross rent
- $1,003
- Residents since 2015–2019
- −1.1%
What stands out in Waterford
Households that rent: 51.3% (±9.5 points) in Waterford, higher than in Erie County (31.9%).
Homes in buildings of 5 or more units: 19.1% (±6.4 points) in Waterford, higher than in Erie County (10.7%).
Median real estate taxes: $1,888 (±$423) in Waterford, lower than in Erie County ($2,830).
Households that moved in since 2020: 31.1% (±8.9 points) in Waterford, higher than in Erie County (21.3%).
- Renters and owners in Waterford
- Types of homes in Waterford
- Property taxes in Waterford
- How long people stay in Waterford
Housing in Waterford at a glance
- Median rent: $1,003 median gross rent a month
- Rent by bedrooms: $1,134 median gross rent, 2 bedrooms
- Rent burden: 40.5% of renters pay 30% or more of income
- Renters and owners: 51.3% of households rent
- Income and affordability: $51,250 median household income
- Home values: $167,600 median home value
- Homeowner costs: $1,257 median monthly cost with a mortgage
- Property taxes: $1,888 median real estate taxes a year
- Types of homes: 19.1% of homes are in buildings of 5 or more units
- Bedrooms: 54.2% of homes have 3 or more bedrooms
- Age of homes: 70.7% of homes were built before 1980
- Vacancy rate: 3.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 80.2% heat with utility gas
- Commute and cars: 30.6 minutes average trip to work
- Growth: −1.1% residents since 2015–2019
- How long people stay: 31.1% moved in since 2020
- Crowding and facilities: 0.5% of homes have more than 1 person per room (Small sample: wide margin of error)
Waterford against Erie County, its state and the nation
| Waterford | Erie County | Pennsylvania | United States | |
|---|---|---|---|---|
| Residents | 1,301 (±227) | 269,052 (exact) | 13,018,639 (exact) | 334,922,499 |
| Housing units | 667 (±105) | 120,111 (±136) | 5,806,452 (±672) | 143,775,355 |
| Households that rent | 51.3% (±9.5 points) | 31.9% (±1.0 points) | 30.7% (±0.2 points) | 34.8% |
| Median gross rent | $1,003 (±$123) | $904 (±$20) | $1,209 (±$5) | $1,413 |
| Median household income | $51,250 (±$15,067) | $63,354 (±$1,812) | $77,971 (±$342) | $80,734 |
| Median home value | $167,600 (±$11,109) | $177,000 (±$4,034) | $254,500 (±$767) | $332,700 |
| Median real estate taxes (a year) | $1,888 (±$423) | $2,830 (±$53) | $3,311 (±$12) | $3,119 |
| Built before 1980 | 70.7% (±13.0 points) | 70.6% (±1.6 points) | 67.3% (±0.2 points) | 49.7% |
| Average commute | 30.6 minutes (±14.6) | 19.6 minutes (±0.4) | 26.3 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 89.7% (±5.1 points) | 89.0% (±0.7 points) | 89.7% (±0.1 points) | 91.0% |
| Median age of residents | 44.7 years (±8.0) | 40.2 years (±0.3) | 40.9 years (±0.2) | 38.9 years |
Waterford covers 1.2 square miles of land, about 1,061 residents per square mile (Census Bureau Gazetteer).
How Waterford has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,316 (±191) | 1,301 (±227) | −1.1% | Not a measurable change |
| Housing units | 668 (±83) | 667 (±105) | −0.1% | Not a measurable change |
| Median gross rent | $809 (±$142) | $1,003 (±$123) | +24.0% | No measurable change after inflation |
| Median home value | $137,500 (±$13,373) | $167,600 (±$11,109) | +21.9% | No measurable change after inflation |
| Median household income | $50,000 (±$14,434) | $51,250 (±$15,067) | +2.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,109 (±$78) | $1,257 (±$122) | +13.3% | No measurable change after inflation |
| Median real estate taxes | $1,797 (±$157) | $1,888 (±$423) | +5.1% | No measurable change after inflation |
| Households that rent | 44.4% (±8.2 points) | 51.3% (±9.5 points) | +6.9 percentage points | Not a measurable change |
| Rental vacancy rate | 6.8% (±6.1 points) | 3.8% (±6.1 points) | −3.0 percentage points | Not a measurable change |
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.
Crime reported to police in Erie County
Waterford has no police department of its own in the FBI’s figures, so this is the figure for Erie County as a whole.
In 2025, the police departments that report for Erie County recorded 188 violent and 1,322 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Waterford
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Waterford Township | 0.9 mi | $644 | $198,000 | 13.1% |
| LeBoeuf Township | 4.7 mi | $1,073 | $219,000 | 9.0% |
| Mill Village | 4.7 mi | $640 | $135,900 | 10.8% |
| Summit Township (Erie County) | 7.6 mi | $1,423 | $245,000 | 20.8% |
| Washington Township (Erie County) | 7.6 mi | $948 | $284,600 | 12.4% |
| Greene Township (Erie County) | 7.7 mi | $1,729 | $227,700 | 10.5% |
| Amity Township (Erie County) | 8.0 mi | $625 | $206,300 | 9.0% |
| Union City | 8.0 mi | $731 | $88,100 | 42.1% |
Places in Pennsylvania most like Waterford
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Waynesboro | $1,086 | $188,600 | $66,956 | 47.6% |
| Liverpool | $798 | $197,500 | $59,539 | 45.5% |
| Palmerton | $931 | $180,000 | $68,143 | 42.1% |
| Etna | $931 | $135,800 | $53,654 | 52.3% |
| Marietta | $1,020 | $211,600 | $54,167 | 38.3% |
| Myerstown | $1,221 | $186,300 | $59,057 | 48.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Pennsylvania.
HUD Fair Market Rent for Waterford, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $753 | $851 | $1,091 | $1,350 | $1,564 |
HUD income limits for Waterford, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,650 | $31,050 | $49,650 |
| 2 people | $21,640 | $35,450 | $56,750 |
| 3 people | $27,320 | $39,900 | $63,850 |
| 4 people | $33,000 | $44,300 | $70,900 |
| 5 people | $38,680 | $47,850 | $76,600 |
| 6 people | $44,360 | $51,400 | $82,250 |
| 7 people | $50,040 | $54,950 | $87,950 |
| 8 people | $55,720 | $58,500 | $93,600 |
These are the limits HUD sets for its housing programs in the Erie, PA MSA, where HUD’s median family income for fiscal year 2026 is $88,600.
A program can use its own limits; tax-credit and local programs often do.
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
What is the average rent in Waterford, PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Waterford is $1,003 (±$123) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Waterford?
The median gross rent for a one-bedroom home in Waterford, PA is $772 (±$199) a month (2020–2024 American Community Survey).
Are renters in Waterford rent-burdened?
40.5% 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).
How many renters are there in Waterford?
Waterford has an estimated 308 (±91) renting households, 51.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Waterford?
The median household income in Waterford is $51,250 (±$15,067) a year (2020–2024 American Community Survey).
What is the average home value in Waterford, PA?
The Census Bureau publishes the median: $167,600 (±$11,109) for owner-occupied homes in Waterford (2020–2024 American Community Survey).
Is Waterford growing?
In Waterford, the number of residents went from 1,316 in 2015–2019 to 1,301 in 2020–2024 (−1.1%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Waterford borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford borough, Pennsylvania
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Waterford borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Waterford borough, Pennsylvania
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Waterford borough, Pennsylvania
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Waterford borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waterford borough, Pennsylvania
- HUD Fair Market Rents, fiscal year 2027: Erie, PA MSA
- HUD Income Limits, fiscal year 2026: Erie, PA MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 borough, Pennsylvania (place:81456, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .