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Living In New Waterford, OH

New Waterford, a small town in Ohio, has a population of just over 1,000. Retirees can expect to fit right in, as they account for 20% of the population compared to 14% nationally, while young adults account for a smaller percentage of the town. At an average age of just under 44, the town's population is older than most cities in Ohio. Just 17% of residents rent in New Waterford, as most own their homes. With a relatively low average rent of $595/month in the town, renting remains an affordable option, particularly compared to other cities in Ohio. Over the course of a year, renters in New Waterford will save around $2,600 compared to the state average.

There are three primary industries in New Waterford: healthcare, manufacturing, and retail. Together, these industries account for 22% of the labor force in the town. Meanwhile, looking at job function, many of the town's workers are in sales, which ranks as the top career path in the town. New Waterford workers bring in an average annual income of about $56K, around $8,000 less than the state average. The town's average income also trails the national average ($73,345). New Waterford has a high number of residents over the age of 25 with an Associate's degree (8%) compared to the national average (5%). Furthermore, 5% possess a Bachelor's degree and 3% have a Master's degree or Doctorate.

New Waterford residents have an average commute of about 26 minutes. Driving a car or truck is the prevailing mode of getting to work, opted for by 44% of residents, while public transportation isn't used. Walking isn't a common way to get to work.

Frequently Asked Questions About New Waterford

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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