Waterford employment information

IndexWaterfordConnecticutNational
Income per capita$32,257$39,906$29,829
Median household income$50,362$71,755$55,322
Median income owner occupied$57,426$94,523$70,586
Median income renter occupied$27,875$37,585$35,192
Median earnings male$32,179$46,559$36,919
Median earnings female$34,604$31,943$26,250
Unemployment rate7.8%5.3%4.7%
Poverty level8.2%10.4%15.1%
The Waterford, CT employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Waterford is $32,257, which is 19% lower than than the Connecticut average and 8% higher than than the national average. The median household income is $50,362, which is 30% lower than than the Connecticut average and 9% lower than than the national average. The unemployment rate in Waterford is 8%, which is 67% higher than than the national average. The poverty rate in Waterford is 8% which is 46% lower than than the national average.

am i middle class

$Input your household income
$33,571$50,362$100,724
City
$47,831$71,755$143,510
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Waterford is 8% higher than the national average.
  • The median household income in Waterford is 9% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Waterford is 67% higher than the national average.
  • The poverty level in Waterford is 46% lower than the national average.

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Compare Waterford, CT Employment To Other Cities

Employment status

Hours worked per week

Waterford median earnings by income bracket

Waterford employment by industry

Labour TypeMaleFemale
Construction industry11.0%1.0%
Manufacturing sector14.2%0.0%
Financial & insurance services0.0%3.4%
Wholesale & retail services13.7%10.0%
Public administration6.3%8.8%
Transportation, warehousing & utilities7.0%2.6%
Education, health & social services14.7%37.3%
Other33.1%26.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Fenwick, CT78$210,625281%
Fishers Island, NY303$152,652176%
Groton Long Point, CT477$105,00090%
Noank, CT1,889$99,84480%
Essex Village, CT2,209$88,51760%
Waterford, CT3,094$50,3629%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Mountain Home AFB, ID3,094$40,25927%
Avondale Estates, GA3,095$100,87182%
Kingman, KS3,093$46,15917%
Erlands Point-Kitsap Lake, WA3,095$56,3322%
Kekaha, HI3,095$59,5508%
Waterford, CT3,094$50,3629%
Source: The Waterford, CT employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).