Waterford, WI Profile: Facts & Data


Waterford Local Links & Resources:
Resources | ALL Waterford Content
Planning to visit Waterford? See Local Hotels

Also See Waterford, WI: ZIP Codes & Maps

Waterford, Wisconsin - Basic Facts

The Village of Waterford had a population of 5,612 as of July 1, 2023. Waterford ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Waterford is located at latitude 42.7631 and longitude -88.2143 in Racine County. The formal boundaries for the Village of Waterford encompass a land area of 2.58 sq. miles and a water area of 0.1 sq. miles. Racine County is in the Central time zone (GMT -6).

The Village of Waterford has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Jump to... (On This Page!)
  1. Waterford 2023 Demographic Data
  2. Growth Rates for Waterford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wisconsin Research Tools (Easy Tools & Current Data)
  3. Wisconsin Data Comparison Tool - 2023 Demographics

Waterford, WI Data & Demographics (As of July 1, 2023)


Total Population 5,612 (100%)
Population in Households 5,566 (99.2%)
Population in Families 4,656 (83.0%)
Population in Group Quarters1 46 ( 0.8%)
Population Density 2,300
Diversity Index2 22


Median Household Income $90,002
Average Household Income $111,006
% of Income for Mortgage4 22%
Per Capita Income $45,606
Wealth Index5 109
Socioeconomic Status Index6 Moderate (59.4)


Total HU (Housing Units) 2,420 (100%)
Owner Occupied HU 1,881 (77.7%)
Renter Occupied HU 424 (17.5%)
Vacant Housing Units 115 ( 4.8%)
Median Home Value $333,224
Average Home Value $340,098
Housing Affordability Index3 99


Total Households 2,305
Average Household Size 2.41
Family Households 1,592
Average Family Size 3.00
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.


2020-2023 2023-2028
Population 0.39% 0.22%
Households 0.77% 0.44%
Families   0.41%
Median Household Income   2.35%
Per Capita Income   2.86%
Owner Occupied HU   0.80%

Waterford, WI - Peer Comparisons by Rank and Percentile

The table below compares Waterford to the other 807 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 143 82nd
Population Density # 45 95th
Median Household Income # 101 88th
Housing Affordability Index # 258 32nd
Per Capita Income # 162 80th
Diversity Index # 359 56th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

Waterford, WI - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Wisconsin Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Wisconsin Census Data Comparison Tool

Compare Wisconsin July 1, 2023 Data
Highest or Lowest: