Cost of Living in Waterford, WI
Population 5,627 · Wisconsin · Data vintage 2023
(100 = US avg)
Waterford sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.
Waterford sits roughly 25 miles southwest of Milwaukee — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 82% higher than Milwaukee's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Waterford
The median home value in Waterford is $312,700 — 3% above the national median of $305,000. Median rent runs $1,278/month, 3% lower than the national median of $1,314/month. The median household income of $80,380/year is 8% higher than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 58.7°F and lows of 39.7°F. Overall, Waterford has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
Waterford has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 35 | 45 | 57 | 69 | 79 | 84 | 82 | 75 | 63 | 49 | 37 |
| Low °F | 16 | 19 | 28 | 37 | 47 | 57 | 62 | 61 | 53 | 43 | 32 | 22 |
| Precip" | 1.19 | 1.07 | 2.03 | 3.63 | 3.52 | 3.69 | 3.35 | 3.56 | 3.36 | 2.90 | 2.05 | 1.53 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Waterford, WI?
Waterford has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Waterford, WI?
The median gross rent in Waterford is $1,278 per month based on 2023 Census data.
What is the average home price in Waterford?
The median home value in Waterford is $312,700 according to Zillow and Census data.
What is the median income in Waterford?
The median household income in Waterford is $80,380 per year (2023 ACS 5-year estimates).
What is the sales tax in Waterford, WI?
The combined state and local sales tax rate in Waterford is 5.4%. The Wisconsin state income tax top rate is 7.7%.
Is Waterford, WI affordable?
Waterford is near the national average in terms of cost of living, with an index of 100 (100 = US average).
What is the weather like in Waterford?
Waterford has average high temperatures of 58.7°F and average lows of 39.7°F. Annual precipitation is 31.9". Data from NOAA 1991–2020 Climate Normals.
Waterford at a Glance
- Population
- 5,627
- Median Income
- $80,380
- Home Value
- $312,700
- Median Rent
- $1,278/mo
- Unemployment
- 2.3%
- Avg High Temp
- 58.7°F
- Sales Tax
- 5.4%
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Wisconsin Rankings
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