Waterbury, Connecticut is a medium-sized city with a population of 109,211 people. With a population density of 3,829 people per square mile, Waterbury is well above the nation's average density level. More than a quarter of the residents of Waterbury identify themselves as Hispanic or Latino, and 27% of the population speak Spanish as their primary or secondary language.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Waterbury, Connecticut. With useful information like amenities, crime, cost of living, employment and other key data points, finding the best places to live in Waterbury and in the areas around Waterbury is a much easier task.
Waterbury, CT receives 53 out of 100 for its livability score; this results in a ranking of #140 in Connecticut and #27,997 in the USA. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Waterbury may not be a pleasant experience. Waterbury has also earned the dubious distinction of of being ranked among the bottom 10 percent of all US cities. If we dig a little deeper into each category within the livability score, we see that Waterbury has higher than average grades for the following: amenities (A+). Waterbury does not fare well for the following: crime (F), weather (D-), education (F), employment (F) and housing (F). It might be wise to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Waterbury has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: CoCo Key Water Resort Hotel & Convention Center - Waterbury, Palace Theater, and Seven Angels Theatre.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Waterbury is real estate affordability. The median home price for Waterbury homes is $129,500, which is 51.9% lower than the Connecticut average. If we take a closer look at the affordability of homes in Waterbury, we’ll see that the home price to income ratio is 3.3, which is 13.2% lower than the Connecticut average. Year over year appreciation rates for homes in the Waterbury area were 5% and the 5 year appreciation rates came in at 0.6%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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