Waterford 79 Exceptional
Waterford Livability #93 ranked city in Wisconsin#2,332 ranked city in the USARanks better than 92% of areas
Is This the Right Place for You? Local Insights Report
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Local Insights Report

Pros and Cons of Living in Waterford

PROS
  • Cost Of Living Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Crime 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.

  • Employment Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing 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 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.

CONS
  • Amenities 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 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.

What's it like Living in Waterford?

Waterford, Wisconsin is a small city with a population of 5,691 residents. If we look at the most recent Census, Waterford is known to have a predominantly White population. The next two most common races are American Indian and Alaskan and Black. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Waterford your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.

Are you trying to decide if living in Waterford is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Wisconsin, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Waterford and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, commute, education and other important metrics.

With a livability score of 77/100, Waterford is ranked #2,548 in the United States and #91 in Wisconsin. This is a terrific score, as Waterford ranks well in multiple categories! The cherry on top is that Waterford also ranks in the top 10 percent of all cities. If we dig down a little deeper into each category within the livability score, we see that Waterford has higher than average scores for the following: crime (A-), cost of living (B), education (A-), employment (A+) and housing (A+). Unfortunately for Waterford, there are some categories for which it does not score well, this includes: amenities (F).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Waterford has an unemployment rate of 1.1% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Finding affordable real estate and housing in Waterford can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Waterford real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Waterford. Median real estate prices in Waterford come in at $377,076, which is 25.2% higher than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In Waterford, the home price to income ratio is 3.3, which is 10.8% lower than the Wisconsin average.

Best Places to Live in and Around Waterford

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Compare Waterford, WI Livability

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      Waterford transportation information

      Statistic Waterford Wisconsin National
      Average one way commute26min22min26min
      Workers who drive to work82.8%80.7%76.4%
      Workers who carpool3.0%8.3%9.3%
      Workers who take public transit0.0%1.9%5.1%
      Workers who bicycle0.5%0.8%0.6%
      Workers who walk0.3%3.3%2.8%
      Working from home10.8%4.2%4.6%
      Source: The Waterford, WI data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.