Also See Waterford, PA: ZIP Codes & Maps
The Borough of Waterford had a population of 1,436 as of July 1, 2023.
The primary coordinate point for Waterford is located at latitude 41.9428 and longitude -79.9845 in Erie County. The formal boundaries for the Borough of Waterford encompass a land area of 1.23 sq. miles and a water area of 0.01 sq. miles. Erie County is in the Eastern time zone (GMT -5).
The Borough 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.
POPULATION | |
---|---|
Total Population | 1,436 (100%) |
Population in Households | 1,436 (100.0%) |
Population in Families | 1,130 (78.7%) |
Population in Group Quarters1 | 0 |
Population Density | 1,172 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $57,001 |
Average Household Income | $68,539 |
% of Income for Mortgage4 | 19% |
Per Capita Income | $30,022 |
Wealth Index5 | 44 |
Socioeconomic Status Index6 | Moderate (53.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 686 (100%) |
Owner Occupied HU | 359 (52.3%) |
Renter Occupied HU | 270 (39.4%) |
Vacant Housing Units | 57 ( 8.3%) |
Median Home Value | $181,105 |
Average Home Value | $194,847 |
Housing Affordability Index3 | 117 |
HOUSEHOLDS | |
Total Households | 629 |
Average Household Size | 2.28 |
Family Households | 394 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.84% | -0.56% |
Households | -0.39% | -0.16% |
Families | -0.20% | |
Median Household Income | 2.04% | |
Per Capita Income | 3.15% | |
Owner Occupied HU | 0.28% |
The table below compares Waterford to the other 1,888 incorporated cities, towns and CDPs in Pennsylvania 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 | # 802 | 58th |
Population Density | # 1029 | 46th |
Median Household Income | # 1239 | 34th |
Housing Affordability Index | # 849 | 45th |
Per Capita Income | # 1396 | 26th |
Diversity Index | # 1137 | 40th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.
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