Waterford is a larger medium-sized town located in the state of Michigan. With a population of 73,337 people and 19 constituent neighborhoods, Waterford is the 19th largest community in Michigan.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Waterford is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Waterford is a town 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 (14.47%), sales jobs (11.83%), and management occupations (9.38%).
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.
The percentage of people in Waterford who are college-educated is somewhat higher than the average US community of 21.84%: 26.15% of adults in Waterford have at least a bachelor's degree.
The per capita income in Waterford in 2010 was $29,359, which is wealthy relative to Michigan, and upper middle income relative to the rest of the US. This equates to an annual income of $117,436 for a family of four. However, Waterford contains both very wealthy and poor people as well.
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 Irish, English, Polish, and Italian.
The most common language spoken in Waterford is English. Other important languages spoken here include Spanish and Polish.