Waterford, MI
Real Estate & Demographic Data

Waterford profile

Living in Waterford

Waterford is a larger medium-sized township located in the state of Michigan. With a population of 70,565 people and 20 constituent neighborhoods, Waterford is the largest community in Michigan.

Unlike some townships, Waterford isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Waterford are a mix of both white- and blue-collar jobs. Overall, Waterford is a township of sales and office workers, professionals, and service providers. There are especially a lot of people living in Waterford who work in office and administrative support (13.75%), sales jobs (10.58%), and management occupations (9.23%).

Also of interest is that Waterford has more people living here who work in computers and math than 95% of the places in the US.

In terms of college education, Waterford is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 27.77% of adults 25 and older in the township have at least a bachelor's degree.

The per capita income in Waterford in 2018 was $35,419, which is middle income relative to Michigan, and upper middle income relative to the rest of the US. This equates to an annual income of $141,676 for a family of four. However, Waterford contains both very wealthy and poor people as well.

Waterford is a somewhat ethnically-diverse township. The people who call Waterford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waterford residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waterford include German, Irish, English, Polish, and Italian.

The most common language spoken in Waterford is English. Other important languages spoken here include Spanish and Italian.