Waterford, Maine Demographics

The total population of Waterford town is estimated to be 1,163 with 611 males (52.54%) and 552 females (47.46%). There are 59 less females than males in Waterford town.
The median household income in Waterford town was $64,543 in 2021, which marked an an increase of 4,649(7.76%) from $59,894 in 2020. This income is 86.51% 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 town sees its highest median household income among householders in the age group of 25 to 44 years old, at $101,336. Overall, the median household income for the town of Waterford town stands at $64,543.
In Waterford town, the median income for all workers aged 15 years and older, regardless of work hours, was $29,725 for males and $33,199 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,241 for males and $45,263 for females.
In Waterford town, population is primarily represented by White households, reporting a median income of $64,990.
In 2022, the population of Waterford town was 1,628, a 1.69% increase year-by-year from 2021. Previously, in 2021, Waterford town's population was 1,601, an increase of 1.72% compared to a population of 1,574 in 2020.
The median age in Waterford, Maine is 48.8, as per 2021 ACS 5-Year Estimates. Of the total population, 9.10% were under the age of 15, 16.49% aged 15 to 29, 49.84% aged 30 to 64, 23.25% aged 65 to 84, and 1.32% were 85 years of age and older.
Racial distribution of Waterford town population: 96.81% are White, 0.39% are Black or African American, 0.39% are Asian and 2.41% are multiracial.