Apartments for rent in Waterford, NY

Waterford, New York is a small town with just over 2,000 residents. Young professionals can expect to fit right in, as they make up an above-average percentage of the population. Overall, the town's residents, at an average age of just under 39, are younger than most cities in New York. Most residents rent in Waterford, and 42% of residents are homeowners. With a relatively affordable average rent of $889 a month in the town, renting remains an affordable option, particularly compared to other cities in New York. Over the course of a year, renters in Waterford will save around $4,700 compared to the state average.

Workers are spread across a wide range of industries in Waterford. The four most common are entertainment, healthcare, public administration, and education. Combined, these industries make up 32% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in sales, as 10% of the town's population reports this as their field of work, the highest number of any profession. With an average annual income of nearly $59,000, Waterford workers earn around $22,000 less than the average New York resident. The town's average income also trails the national average of $73,345. Waterford has a large percentage of residents older than 25 who have earned an Associate's degree (8%) compared to the national average (5%). Further, 13% possess a Bachelor's degree and 5% have earned a Master's degree or Doctorate.

Waterford has an average commute time of about 27 minutes. Driving is the most common means of commuting to work, chosen by 47% of workers, while public transportation isn't used widely. Not many commuters (5%) walk to work, though the number is well above the national average.