Waterford 76 Excellent
Waterford Livability #43 ranked city in Connecticut#3,162 ranked city in the USARanks better than 89% of areas

Pros and Cons of Living in Waterford

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Health & Safety

    Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.

  • Schools

    The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.

  • Ratings

    According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.

  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

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What's it like Living in Waterford?

Located in the state of Connecticut, Waterford is a small city with a population of 2,922 people. According to the most recent Census, 82% of Waterford residents are White, 7% Asian and 6% Black. In Waterford, only 47% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Waterford, your commute times will be about average, with a one way commute time of 24 minutes.

If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the city before actually living in Waterford, Connecticut. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, crime, cost of living, commute, health & safety, you can easily compare the best places to live in Waterford and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Waterford to Connecticut and the national average.

The livability score in Waterford is 74 out of 100 and the city is ranked in the 86th percentile of all cities across America. For each of the livability categories, we see that Waterford ranks very well for crime (A+) and housing (B). Unfortunately for Waterford, there are some categories for which it does not rank well, this includes: amenities (F).

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Waterford, it boasts a notably low violent crime rate of 26 crimes per 100,000 residents, which significantly outperforms the national average.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Waterford market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Waterford is actually affordable. The median home price for Waterford homes is $201,700, which is 25.1% lower than the Connecticut average. If we take a closer look at the affordability of homes in Waterford, we’ll see that the home price to income ratio is 3.3, which is 13.2% lower than the Connecticut average.

Best Places to Live in and Around Waterford

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      Waterford transportation information

      Statistic Waterford Connecticut National
      Average one way commute24min26min26min
      Workers who drive to work80.8%78.3%76.4%
      Workers who carpool6.1%8.1%9.3%
      Workers who take public transit1.1%4.9%5.1%
      Workers who bicycle1.5%0.3%0.6%
      Workers who walk3.2%2.9%2.8%
      Working from home4.3%4.6%4.6%
      Source: The Waterford, CT data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).