New Waterford, OH demographics:
population, income, and more

Total population
950
-3.3% year-over-year change
Median household income
$46,875/yr
-9.7% year-over-year change
Housing units
425
-6.0% year-over-year change

New Waterford population

How many people live in New Waterford

New Waterford is home to 950 residents, according to the most recent Census data. Gender-wise, 45.5% of New Waterford locals are male, and 54.5% are female.

Total population
950
-3.3% year-over-year change
Gender ratio
Male
45.5%
432
Female
54.5%
518
Value Percent YoY change
Male 432 45.5% -8.9%
Female 518 54.5% 2.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in New Waterford is 43, with the population distributed as follows: about 18% are children under 15, then 13.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.3% of the population, while another 27.2% fall into the 45 to 64 bracket. Finally, around 20.8% are 65 or older.

Median age
43.1
Age breakdown
Under 15
18%
15 to 24
13.7%
25 to 44
20.3%
45 to 64
27.2%
Over 65
20.8%
Value Percent YoY change
Under 15 171 18% -1.7%
15 to 24 130 13.7% -9.7%
25 to 44 193 20.3% -11.1%
45 to 64 258 27.2% -4.8%
Over 65 198 20.8% 12.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 0.3% of residents are non-citizens. As for race, 92.1% of locals are Caucasian, 0.8% are African American and 0.5% have Asian roots. There’s also a share of 3.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.7%
Non-U.S.-born citizens
0%
Non-citizens
0.3%
Value Percent YoY change
U.S.-born citizens 947 99.7% -3.0%
Non-citizens 3 0.3% 0.0%
Racial breakdown
White
92.1%
Black or African American
0.8%
American Indian and Alaska Native
0%
Asian
0.5%
Native Hawaiian and other Pacific Islander
3%
Two or more races
3.2%
Other
0.4%
Value Percent
White 875 92.1%
Black or African American 8 0.8%
Asian 5 0.5%
Native Hawaiian and other Pacific Islander 28 3%
Two or more races 30 3.2%
Other 4 0.4%

Households in New Waterford

A peek inside New Waterford households

New Waterford has 406 households, with an average of 2 members in each. Of these, 63.8% are families, while the remaining 36.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
406
-3.1% year-over-year change
Average people per household
2
Non-family households
147
Family households
259
Value Percent YoY change
Non-family households 147 36.2% -5.2%
Family households 259 63.8% -1.9%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in New Waterford

The housing landscape of New Waterford

New Waterford's housing consists of 425 units, with 67.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 11.5% of the housing landscape.

Housing units
425
-6.0% year-over-year change
Housing types
Value Percent
1 unit, detached 288 67.8%
1 unit, attached 8 1.9%
2 units 2 0.5%
3 or 4 units 8 1.9%
5 to 9 units 27 6.4%
10 to 19 units 32 7.5%
20 to 49 units 11 2.6%
Mobile home 49 11.5%
Homes built since 2020
0
% year-over-year change

The age of buildings in New Waterford

In New Waterford, the median construction year is 1974. About 14.8% of homes were built before the 1940s, with another 6.6% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 63 14.8% -8.7%
Built between 1940 and 1949 28 6.6% -31.7%
Built between 1950 and 1959 35 8.2% -35.2%
Built between 1960 and 1969 56 13.2% 12.0%
Built between 1970 and 1979 81 19.1% 26.6%
Built between 1980 and 1989 56 13.2% 3.7%
Built between 1990 and 1999 80 18.8% -13.0%
Built between 2000 and 2009 10 2.4% 0.0%
Built between 2010 and 2019 16 3.8% -11.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

New Waterford occupancy rates

Out of the 406 occupied housing units in New Waterford, 73.2% are owner-occupied, while 26.8% are lived in by tenants. Meanwhile, 4.5% of all homes on the local market sit vacant.

Occupied housing units
406
-3.1% year-over-year change
Occupancy breakdown
Renter occupied
109
Owner occupied
297
Value Percent YoY
change
Renter occupied 109 26.8% 16.0%
Owner occupied 297 73.2% -8.6%
Unoccupied housing units
4.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

New Waterford housing costs

Housing costs in New Waterford come to a median of $672 per month, while tenants specifically pay a median gross rent of $589.

Median housing costs per month
$672/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in New Waterford
$589/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in New Waterford

New Waterford education at a glance

About 61.5% of the population in New Waterford went to high school, while 10.3% pursued college studies. Another 9% earned an associate degree and 14.6% hold a bachelor’s. Meanwhile, 1.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 20 2.7% 17.6%
High school diploma 458 61.5% -4.4%
College diploma 77 10.3% 16.7%
Associate degree 67 9% -29.5%
Bachelor's degree 109 14.6% 2.8%
Graduate degree 14 1.9% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in New Waterford

How much people earn in New Waterford

The average annual household income in New Waterford was $69,695 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -5.3% change from the previous year. At the same time, the median income stood at $46,875, reflecting a -9.7% shift over the same period.

Average household income in New Waterford
$69,695/year
-5.3% year-over-year change
Median household income in New Waterford
$46,875/year
-9.7% year-over-year change

New Waterford income by age

In New Waterford, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $54,375. Those with someone between 45 and 64 in charge, often well established professionally, earn $68,958 overall. Overall, 78.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $54,375 -35.2%
45 - 64 $68,958 -3.0%
Over 65 $30,000 -5.6%
Above poverty level
743
Below poverty level
207
Value Percent YoY
change
Above poverty level 743 78.2% -8.5%
Below poverty level 207 21.8% 21.8%

Average renter income in New Waterford

To get a better sense of what renters earn on average in New Waterford, their median household income was $14,833 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 47.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$14,833
Rent-to-income ratio
47.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in New Waterford

Workforce and job types in New Waterford

The job market in New Waterford is powered by 480 working residents, spread across a range of industries and roles. 65.2% of the working population are employed in professional or administrative positions, while 34.8% are in hands-on or service-based jobs. Also, 4% run their own businesses, 83.3% are employed by private companies, and 5.2% work in the public sector.

Workforce demographics

Working population
480
-5.7% year-over-year change
White collar
313
Blue collar
167
Value Percent YoY change
White collar 313 65.2% -8.5%
Blue collar 167 34.8% 0.0%
Employer type
Self employees
4%
Private companies
83.3%
Governmental workers
5.2%
Not for profit companies
7.5%
Value Percent YoY change
Self employees 19 4% -24.0%
Private companies 400 83.3% -4.3%
Governmental workers 25 5.2% -19.4%
Not for profit companies 36 7.5% 2.9%
Unemployment rate
2.6%
-18.8% year-over-year change

Available workforce

The unemployment rate in New Waterford stands at 2.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in New Waterford

How people get around in New Waterford

Commuting methods vary: 95.4% of residents travel by personal vehicle and 0.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 458 95.4% -6.2%
Walk 4 0.8% -20.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in New Waterford by zipcode?

Zipcode Population Number of households Median income Average income
44445 2,914 1,049 $85,188 $84,973

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FAQs about New Waterford demographics 

What is the total population of New Waterford?

New Waterford has a total population of 950 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.3% compared to a year ago.

What is the gender ratio in New Waterford?

The gender ratio in New Waterford is as follows:
  • 45.5% males (432 residents)
  • 54.5% females (518 residents)

What is the median age in New Waterford?

The median age in New Waterford is 43.1.

What is the age distribution of the population in New Waterford?

The age distribution in New Waterford is as follows:
  • Under 15: 18% (171 residents)
  • Ages 15-24: 13.7% (130 residents)
  • Ages 25-44: 20.3% (193 residents)
  • Ages 45-64: 27.2% (258 residents)
  • Over 65: 20.8% (198 residents)

What is the racial and ethnic makeup of New Waterford?

The racial and ethnic makeup of New Waterford is as follows:
  • White: 92.1% (875 residents)
  • Black or African American: 0.8% (8 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0.5% (5 residents)
  • Native Hawaiian and Other Pacific Islander: 3% (28 residents)
  • Two or More Races: 3.2% (30 residents)
  • Other: 0.4% (4 residents)

What percentage of the population in New Waterford are U.S.-born citizens?

U.S.-born citizens represent 99.7% of the population in New Waterford.

How many housing units are there in New Waterford?

There are 425 housing units in New Waterford, reflecting a -6.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in New Waterford and what is the average household size?

New Waterford has a total of 406 households, with an average of 2 people in each.

What is the median household income in New Waterford?

New Waterford has a median household income of $46,875, representing a -9.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for New Waterford?

The employment rate is 97.4% in New Waterford, with a workforce of 480 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 65.2% (313 residents)
  • Blue-collar workers: 34.8% (167 residents)

Places of employment:
  • Self-employed: 4% (19 residents)
  • Private companies: 83.3% (400 residents)
  • Governmental workers: 5.2% (25 residents)
  • Not-for-profit companies: 7.5% (36 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025