Waterford

Population: 5,627
Median household income: $80,380
Median home value: $312,700

Waterford, a community in Racine County, Wisconsin, has 5,627 residents. At $80,380, its median household income sits above Racine County's $75,331.

Between 2019 and 2023, Waterford's population grew 3.2% from 5,452 to 5,627, while its median home value rose 47.8% from $211,500 to $312,700.

The largest age group is 5 to 17, 17.1% of residents. White (non-Hispanic) residents are the largest group, 88.4% of the population.

Demographics

ACS 2019–2023

Population: 5,627
Median age: 43.5 yrs
Median household income: $80,380
Median home value: $312,700
Median gross rent: $1,278
Housing units: 2,473
Homeownership rate: 76.1%
Bachelor's degree or higher: 29.3%
Unemployment rate: 2.3%

Trends

ACS 5-year · 2019–2023

Population

5,4525,627

Median household income

$87,929$80,380

Median home value

$211,500$312,700

Median gross rent

$985$1,278

Year	Population	Median household income	Median home value	Median gross rent
2019	5,452	$87,929	$211,500	$985
2020	5,520	$78,542	$211,200	$1,041
2021	5,541	$77,571	$240,000	$1,127
2022	5,587	$81,575	$295,100	$1,179
2023	5,627	$80,380	$312,700	$1,278

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

Age distribution

Under 53.7%

5 to 1717.1%

18 to 247.9%

25 to 347.5%

35 to 4415.7%

45 to 5413.6%

55 to 6415.5%

65 to 7412.4%

75 and over6.6%

	Count	Share
Under 5	207	3.7%
5 to 17	964	17.1%
18 to 24	444	7.9%
25 to 34	424	7.5%
35 to 44	882	15.7%
45 to 54	764	13.6%
55 to 64	872	15.5%
65 to 74	697	12.4%
75 and over	373	6.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,976	88.4%
Black or African American	48	0.9%
American Indian & Alaska Native	65	1.2%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	6	0.1%
Two or more races	273	4.9%
Hispanic or Latino (any race)	259	4.6%

Educational attainment (age 25+)

No high school diploma4.9%

High school graduate33.0%

Some college or associate's32.8%

Bachelor's degree20.3%

Graduate or professional degree9.0%

	Count	Share
No high school diploma	195	4.9%
High school graduate	1,323	33.0%
Some college or associate's	1,317	32.8%
Bachelor's degree	815	20.3%
Graduate or professional degree	362	9.0%

Commute to work

Mean travel time to work: 26 min

Drove alone83.2%

Carpooled3.1%

Public transit0.0%

Walked0.2%

Bicycle0.5%

Worked from home10.7%

Other means2.3%

How workers get to work

	Count	Share
Drove alone	2,602	83.2%
Carpooled	97	3.1%
Public transit	0	0.0%
Walked	6	0.2%
Bicycle	16	0.5%
Worked from home	335	10.7%
Other means	71	2.3%

Travel time

	Count	Share
Under 15 min	558	20.0%
15 to 29 min	974	34.9%
30 to 44 min	916	32.8%
45 to 59 min	272	9.7%
60+ min	72	2.6%

Households

Average household size: 2.40
Poverty rate: 5.0% (281 of 5,590)

	Count	Share
Family households	1,442	61.7%
Nonfamily households	897	38.3%

Housing

Median year structure built: 1991

Occupancy

	Count	Share
Occupied	2,339	94.6%
Vacant	134	5.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,780	76.1%
Renter-occupied	559	23.9%

1-unit, detached55.8%

1-unit, attached17.1%

2 to 4 units10.8%

5 to 19 units10.6%

20 or more units3.0%

Mobile home & other2.7%

Units in structure

	Count	Share
1-unit, detached	1,380	55.8%
1-unit, attached	423	17.1%
2 to 4 units	266	10.8%
5 to 19 units	261	10.6%
20 or more units	75	3.0%
Mobile home & other	68	2.7%

Geography

Place GEOID: 5583825
Type (LSAD): 47
Land area: 2.55 sq mi
Water area: 0.11 sq mi
Center point: 42.7660, -88.2168