Waterford

Population: 1,254
Median household income: $58,875
Median home value: $163,000

Waterford, a community in Erie County, Pennsylvania, has 1,254 residents. Its median household income of $58,875 runs below the Erie County figure of $61,476.

Between 2019 and 2023, Waterford's population declined 4.7% from 1,316 to 1,254, while its median home value rose 18.5% from $137,500 to $163,000.

The median gross rent is $1,031. 18.9% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 1,254
Median age: 48.3 yrs
Median household income: $58,875
Median home value: $163,000
Median gross rent: $1,031
Housing units: 665
Homeownership rate: 51.7%
Bachelor's degree or higher: 18.9%
Unemployment rate: 10.1%

Trends

ACS 5-year · 2019–2023

Population

1,3161,254

Median household income

$50,000$58,875

Median home value

$137,500$163,000

Median gross rent

$809$1,031

Year	Population	Median household income	Median home value	Median gross rent
2019	1,316	$50,000	$137,500	$809
2020	1,273	$52,969	$149,100	$908
2021	1,157	$54,583	$142,900	$855
2022	1,244	$48,393	$152,200	$948
2023	1,254	$58,875	$163,000	$1,031

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.5%

5 to 1716.2%

18 to 246.3%

25 to 3410.8%

35 to 4411.2%

45 to 548.5%

55 to 6425.2%

65 to 748.6%

75 and over9.7%

	Count	Share
Under 5	44	3.5%
5 to 17	203	16.2%
18 to 24	79	6.3%
25 to 34	135	10.8%
35 to 44	141	11.2%
45 to 54	106	8.5%
55 to 64	316	25.2%
65 to 74	108	8.6%
75 and over	122	9.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,136	90.6%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	45	3.6%
Hispanic or Latino (any race)	73	5.8%

Educational attainment (age 25+)

No high school diploma10.2%

High school graduate44.0%

Some college or associate's26.9%

Bachelor's degree13.1%

Graduate or professional degree5.7%

	Count	Share
No high school diploma	95	10.2%
High school graduate	408	44.0%
Some college or associate's	250	26.9%
Bachelor's degree	122	13.1%
Graduate or professional degree	53	5.7%

Commute to work

Mean travel time to work: 31 min

Drove alone74.3%

Carpooled14.0%

Public transit0.0%

Walked5.7%

Bicycle0.0%

Worked from home6.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	419	74.3%
Carpooled	79	14.0%
Public transit	0	0.0%
Walked	32	5.7%
Bicycle	0	0.0%
Worked from home	34	6.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	159	30.0%
15 to 29 min	115	21.7%
30 to 44 min	196	37.0%
45 to 59 min	30	5.7%
60+ min	30	5.7%

Households

Average household size: 2.20
Poverty rate: 13.8% (172 of 1,243)

	Count	Share
Family households	365	64.1%
Nonfamily households	204	35.9%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	569	85.6%
Vacant	96	14.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	294	51.7%
Renter-occupied	275	48.3%

1-unit, detached58.3%

1-unit, attached0.5%

2 to 4 units18.0%

5 to 19 units12.3%

20 or more units6.6%

Mobile home & other4.2%

Units in structure

	Count	Share
1-unit, detached	388	58.3%
1-unit, attached	3	0.5%
2 to 4 units	120	18.0%
5 to 19 units	82	12.3%
20 or more units	44	6.6%
Mobile home & other	28	4.2%

Geography

Place GEOID: 4281456
Type (LSAD): 21
Land area: 1.23 sq mi
Water area: 0.01 sq mi
Center point: 41.9452, -79.9851