New Waterford, Ohio Median Income

New Waterford, Ohio has a population of 1,180, with a median household income of $48,600.

Current median income data for New Waterford.

$48,600

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Population

1,180

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Median Income

$48,600

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Unemployment

3.70%

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Housing Price

$146,400

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Crime Rate

0.30

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Internet Speed

165.10 Mbps

New Waterford is a small local community located in Ohio. The city has a population that is below the average city population in Ohio, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Ohio, New Waterford provides insight into regional population trends, income levels, and housing conditions.

Population Overview

New Waterford has a population of 1,180, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in New Waterford is $48,600, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in New Waterford is about $146,400, making it relatively affordable compared to many cities in Ohio.

Employment and Safety

The unemployment rate in New Waterford is 3.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in New Waterford are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Ohio, New Waterford shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Ohio, New Waterford contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about New Waterford

What is the population of New Waterford?

The population of New Waterford is approximately 1,180.

Is New Waterford a good place to live?

New Waterford offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New Waterford?

The median household income in New Waterford is around $48,600.

How expensive is housing in New Waterford?

The average housing price in New Waterford is approximately $146,400.