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The total population of New Waterford is estimated to be 897 with 447 males (49.83%) and 450 females (50.17%). There are 3 more females than males in New Waterford.
The median household income in New Waterford was $46,051 in 2021, which marked an a decrease of 3,996(7.98%) from $50,047 in 2020. This income is 61.73% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Waterford sees its highest median household income among householders in the age group of 25 to 44 years old, at $85,573. Overall, the median household income for the village of New Waterford stands at $46,051.
In New Waterford, the median income for all workers aged 15 years and older, regardless of work hours, was $39,778 for males and $21,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,566 for males and $44,190 for females.
In New Waterford, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $75,213, while White households have a median household income of $46,074.
In 2022, the population of New Waterford was 1,173, a 0.93% decrease year-by-year from 2021. Previously, in 2021, New Waterford's population was 1,184, a decline of 0.50% compared to a population of 1,190 in 2020.
The median age in New Waterford, OH is 49.0, as per 2021 ACS 5-Year Estimates. Of the total population, 13.21% were under the age of 15, 15.85% aged 15 to 29, 46.75% aged 30 to 64, 21.65% aged 65 to 84, and 2.54% were 85 years of age and older.
Racial distribution of New Waterford population: 93.70% are White, 1.83% are Black or African American, 1.32% are Asian, 0.30% are some other race and 2.85% are multiracial.