What is the median household income in the Town of Waterford, WI?
The median household income in the Town of Waterford, WI is $119,224 (±$22,866) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,848 a month would take about $73,900 a year at the common guideline of spending no more than 30% of income on rent.
In the Town of Waterford, the median household income went from $96,723 in 2015–2019 to $119,224 in 2020–2024 (+23.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $119,224 (±$22,866)
- Median renter income
- $64,833 (±$59,521)
- Income to afford median rent
- about $73,900
Income in the Town of Waterford against Racine County, its state and the nation
| Town of Waterford | Racine County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $119,224 (±$22,866) | $78,096 (±$2,301) | $77,485 (±$455) | $80,734 |
| Median renter household income | $64,833 (±$59,521) | $47,129 (±$3,348) | $48,374 (±$478) | $52,966 |
| Median owner household income | $126,512 (±$10,165) | $92,331 (±$3,128) | $95,874 (±$462) | $100,009 |
| Median gross rent | $1,848 (±$504) | $1,080 (±$26) | $1,087 (±$4) | $1,413 |
In the Town of Waterford, median household income is higher than in Racine County ($78,096).
It is also higher than in Wisconsin ($77,485).
It is higher than the national figure ($80,734).
In Racine County, the Town of Waterford ranks 4 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 91 of 1,844.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in the Town of Waterford
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,848 a month ($22,176 a year) needs an income of about $73,900 a year.
The median renting household in the Town of Waterford earns $64,833 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $96,723 (±$10,651) | $119,224 (±$22,866) | +23.3% | No measurable change after inflation |
| Median gross rent | $1,177 (±$106) | $1,848 (±$504) | +57.0% | No measurable change after inflation |
| Median home value | $295,200 (±$20,309) | $424,300 (±$35,338) | +43.7% | 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.
Median household income in places near the Town of Waterford
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Town of Waterford | — | $119,224 (±$22,866) | — |
| Waterford | 2.6 mi | $82,404 (±$13,499) | Lower |
| Rochester | 4.2 mi | $107,038 (±$19,156) | Not measurably different |
| Town of East Troy | 4.7 mi | $123,804 (±$19,549) | Not measurably different |
| Wind Lake | 5.4 mi | $102,855 (±$14,276) | Not measurably different |
| Mukwonago | 5.4 mi | $98,273 (±$4,373) | Not measurably different |
| Vernon | 5.9 mi | $120,000 (±$15,988) | Not measurably different |
| Town of Norway | 6.5 mi | $103,278 (±$5,336) | Not measurably different |
| Big Bend | 6.6 mi | $134,615 (±$26,401) | Not measurably different |
Nearby places with a measurably lower figure: Waterford, WI ($82,404).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Racine County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Wind Point | $142,955 (±$43,396) |
| 2 | North Bay | $128,750 (±$83,881) |
| 3 | Yorkville | $122,936 (±$12,911) |
| 4 | Town of Waterford | $119,224 (±$22,866) |
| 5 | Raymond | $109,464 (±$22,733) |
| 6 | Union Grove | $107,482 (±$10,547) |
| 7 | Rochester | $107,038 (±$19,156) |
| 8 | Town of Burlington | $106,929 (±$18,062) |
| 9 | Town of Norway | $103,278 (±$5,336) |
| 10 | Town of Dover (Racine County) | $100,156 (±$15,076) |
Showing 10 of 17 places in Racine County, ranked from highest to lowest.
The figures for the Town of Waterford include the places inside it that have pages of their own: Tichigan.
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 Town of 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 Town of Waterford beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Town of 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 Town of Waterford, and send estimates and invoices from your phone.
Questions about Town of Waterford
What is the median household income in the Town of Waterford?
The median household income in the Town of Waterford is $119,224 (±$22,866) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Town of Waterford?
About $73,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,848 a month.
Have incomes in the Town of Waterford kept up with inflation?
In the Town of Waterford, the median household income went from $96,723 in 2015–2019 to $119,224 in 2020–2024 (+23.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in the Town of Waterford?
The median renting household in the Town of Waterford, WI earns $64,833 (±$59,521) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Waterford town, Racine County, Wisconsin
- 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) and detailed tables (acs/acs5) for Waterford town, Racine County, Wisconsin (county subdivision:83850, in state:55 county:101).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 the Town of Waterford at a glance
- Median rent in the Town of Waterford
- Home values in the Town of Waterford
- Homeowner costs in the Town of Waterford
- Property taxes in the Town of Waterford
- Types of homes in the Town of Waterford
- Bedrooms in the Town of Waterford
- Age of homes in the Town of Waterford
- Heating fuel in the Town of Waterford
- Commute and cars in the Town of Waterford
- Crime reported to police in the Town of Waterford
- Population growth in the Town of Waterford
- How long people stay in the Town of Waterford
- Crowding and facilities in the Town of Waterford
- Wisconsin landlord and tenant rules
- Housing across Racine County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin