Download
Share
Contents
Save
The total population of Waterford charter township is estimated to be 70,486 with 35,049 males (49.72%) and 35,437 females (50.28%). There are 388 more females than males in Waterford charter township.
The median household income in Waterford charter township was $72,490 in 2021, which marked an an increase of 1,223(1.72%) from $71,267 in 2020. This income is 97.16% 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, Waterford charter township sees its highest median household income among householders in the age group of 45 to 64 years old, at $90,988. Overall, the median household income for the township of Waterford charter township stands at $74,937.
In Waterford charter township, the median income for all workers aged 15 years and older, regardless of work hours, was $53,460 for males and $32,884 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,669 for males and $50,518 for females.
In Waterford charter township, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, White households have the highest median household income at $77,623, while Black or African American households represent the opposite end with the lowest median household income of $52,288.
In 2022, the population of Waterford charter township was 69,554, a 0.72% decrease year-by-year from 2021. Previously, in 2021, Waterford charter township's population was 70,056, a decline of 0.44% compared to a population of 70,363 in 2020.
The median age in Waterford charter Township, Michigan is 42.5, as per 2021 ACS 5-Year Estimates. Of the total population, 15.76% were under the age of 15, 19.01% aged 15 to 29, 48.14% aged 30 to 64, 15.12% aged 65 to 84, and 1.96% were 85 years of age and older.
Racial distribution of Waterford charter township population: 83.51% are White, 6.20% are Black or African American, 0.46% are American Indian and Alaska Native, 1.90% are Asian, 0.02% are Native Hawaiian and other Pacific Islander, 1.58% are some other race and 6.33% are multiracial.