Waterford, MI 48328 has a population of approximately 25,967 and experiences a population change rate of -1.80%. The population density is 2,871.2 / sq mi .
Waterford, MI 48328 has a population of approximately 25,967 and experiences a population change rate of -1.80%. The population density is 2,871.2 / sq mi .
The median household income for Waterford, MI 48328 is $60,825, with 11,393 households and an average household size of 2.26.
The median value of a home in Waterford, MI 48328 is $212,600 with an appreciation rate of 11.20%. 61.28% of housing in the state is owned while 34.03% is rented.
The cost of living in Waterford, MI 48328 is 100.5 %.
The unemployment rate in Waterford, MI 48328 is 1.60%, and recent job growth is at 0.83%. Future job growth is projected at 45.92%.
The sales tax rate in Waterford, MI 48328 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Waterford, MI 48328 are $15,188, and the school ratio is 17:1.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 31.7 inches per year, with 40.5 inches of snow per year.