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 (14.11%), sales jobs (11.51%), and management occupations (9.75%).
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 overall education level of Waterford is somewhat higher than in the average US city of 21.84%: 26.44% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Waterford in 2010 was $29,479, which is wealthy relative to Michigan, and upper middle income relative to the rest of the US. This equates to an annual income of $117,916 for a family of four. However, Waterford contains both very wealthy and poor people as well.
Waterford is a somewhat ethnically-diverse town. 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 Slavic languages.