| Index | Waterford | Pennsylvania | National |
| Average Test Scores | 69% | 55% | 48% |
| Student/Teacher ratio | 17:1 | 16:1 | 16:1 |
| Total public schools | 3 | 2,563 | 79,221 |
| Total private schools | n/a | 1,626 | 24,874 |
| Total post-secondary schools | n/a | 406 | 7,963 |

| Index | Waterford | Pennsylvania | National |
| Completed 8th grade | 88.6% | 86.9% | 84.3% |
| Completed high school | 88.3% | 85.6% | 83.0% |
| Completed some college | 43.6% | 53.6% | 59.4% |
| Completed associate degree | 31.2% | 37.4% | 38.5% |
| Completed bachelors | 21.3% | 29.3% | 30.3% |
| Completed masters | 8.1% | 11.5% | 11.5% |
| Completed professional degree | 1.4% | 3.3% | 3.3% |
| Completed doctorate | 0.3% | 1.4% | 1.3% |
There are a total of 3 public schools, n/a private schools and n/a post-secondary schools in Waterford. Using the proficiency score averages, the average test scores for Waterford, PA schools is 69%. The average student to teacher ratio is 17:1. In Waterford, PA, an average of 88.6% of students have completed 8th grade and an average of 88.3% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Mill Village, PA | 348 | 82% | 70.8% |
| McKean, PA | 467 | 80% | 65.6% |
| Fairview, PA | 2,853 | 77% | 60.2% |
| Edinboro, PA | 5,772 | 67% | 38.5% |
| Union City, PA | 3,251 | 56% | 16.0% |
| Waterford, PA | 1,315 | 69% | 43.4% |
| City | Population | Avg. Test Scores | National Avg. |
| Hoxie, KS | 1,315 | 37% | 22.9% |
| Herlong, CA | 1,315 | 31% | 35.2% |
| Ladoga, IN | 1,316 | 67% | 39.6% |
| Harrisville, RI | 1,316 | 30% | 37.5% |
| Russiaville, IN | 1,316 | 59% | 23.3% |
| Waterford, PA | 1,315 | 69% | 43.4% |