Waterford, MI 48327 has a population of approximately 22,227 and experiences a population change rate of 4.60%. The population density is 1,960.7 / sq mi .
Waterford, MI 48327 has a population of approximately 22,227 and experiences a population change rate of 4.60%. The population density is 1,960.7 / sq mi .
The median household income for Waterford, MI 48327 is $63,998, with 9,373 households and an average household size of 2.25.
The median value of a home in Waterford, MI 48327 is $242,400 with an appreciation rate of 11.20%. 65.76% of housing in the state is owned while 29.18% is rented.
The cost of living in Waterford, MI 48327 is 103.5 %.
The unemployment rate in Waterford, MI 48327 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 48327 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Waterford, MI 48327 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 32.5 inches per year, with 40.6 inches of snow per year.