Waterford township, Minnesota Median Income

Waterford township, Minnesota has a population of 520, with a median household income of $98,400.

Current median income data for Waterford township.

$98,400

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Population

520

💰

Median Income

$98,400

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Unemployment

1.90%

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Housing Price

$385,000

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Crime Rate

1.20

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Internet Speed

200.00 Mbps

Waterford township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, 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.

Waterford township is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Waterford township has a population of 520, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Waterford township is $98,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Waterford township average around $385,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Waterford township is 1.90%, which is lower than the state average, indicating a relatively strong job market. Waterford township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Overall, Waterford township offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Waterford township

What is the population of Waterford township?

The population of Waterford township is approximately 520.

Is Waterford township a good place to live?

Waterford township 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 Waterford township?

The median household income in Waterford township is around $98,400.

How expensive is housing in Waterford township?

The average housing price in Waterford township is approximately $385,000.