WATERFORD, MI  48327

Total Population: 20,843

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Median Home Value

$241,600

Owner-occupied units

Median Household Income

$75,512

Across all households

Median Age

40.8 yrs

Across all residents

Bachelor's Degree+

32.4%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)81.0%
Hispanic or Latino6.5%
Black (Non-Hispanic)5.8%
Two or More Races3.8%
Asian (Non-Hispanic)2.5%
Other Race0.3%
Am. Indian / Alaska Native0.1%

Under 18 Years

18.7%

65 Years and Over

17.6%

Male

47.5%

Female

52.5%

U.S. Citizens (18+)

96.5%

No Health Insurance

6.5%

Education

3 fields

High School Graduate or Higher (25+)

93.8%

Bachelor's Degree or Higher (25+)

32.4%

Enrolled in College (18+)

6.1%

Economics

6 fields

Median Household Income

$75,512

Mean Household Income

$96,455

Per Capita Income

$44,470

Unemployment Rate (16+)

4.6%

In Labor Force (19–64)

84.8%

SNAP / Food Stamps

7.2%

Housing & Households

13 fields

Median Home Value

$241,600

Median Rent

$1,058/mo

Total Housing Units

9,864

Owner-Occupied

71.7%

Renter-Occupied

28.3%

Vacancy Rate

4.0%

Married Couple Households

42.5%

Cohabiting Couple Households

6.8%

Male Householder, No Partner

19.8%

Female Householder, No Partner

30.8%

Average Household Size

2.19

Broadband Internet Access

94.1%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 48327.