Waterford Michigan Real Estate
Waterford, Michigan, is located in Oakland County, of , and 25 miles NW of Detroit, Michigan. Waterford has a population of 73,150.
Waterford Homes
Waterford properties pool is 29,382 residential properties including Waterford new homes. Median age of real estate in Waterford is 1967. Average Household size is 2.99 people. 2% are one bedroom homes, 20% are 2 bedroom homes, 59% are 3 bedroom homes, 16% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Waterford Mortgage Statistics
Waterford mortgages vs. USA median statistics
| Homes |
Waterford |
USA |
| Homes With No Mortgage |
22% |
30% |
| Homes With Mortgage |
78% |
70% |
| First Mortgage Only |
59% |
54% |
| First & Second Mortgage or HELOC |
19% |
16% |
Waterford Area Real Estate Tax
Waterford Real estate Tax: Median Real Estate Taxes (2000) were $1,536 comparing to 1999 Median Family income $ 64,500. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Waterford School District: Children make up 23.2% of Waterford population. Waterford has 16,957 under 18 years old residents, or 0.45 kids per one worker, or 0.58 kids per one household.
Waterford Real Estate & Waterford Homeownership
There are 8226.96 or 28% one person households, 9989.88 or 34% two person households, and 4994.94 or 17% three person households in Waterford, Michigan. Median residents age is 35.5, Senior citizens (65+) make up 7,893 or 10.8%% of Waterford population.
There are 37,509 workers (over 16 years of age) in Waterford. Of these, 96.08% drive to work. Approximately 0.15% of workers in Waterford take public transportation. An estimated 0.89% walk to work.
Median Waterford homeowner's housing expences are 18.6%
Crime in Waterford (2003), crimes per 10,000 residents per year
| Type of Crime |
Waterford |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
NaN |
358.8 |
| Burglaries |
NaN |
74.0 |
| Larceny-Thefts |
NaN |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Waterford Properties
When making a decision about buying real estate in Waterford Michigan area, you should consider following statistical data:
| Category |
Waterford |
USA |
| Near Medium City |
|
- |
| Near Large City |
Detroit, Michigan |
- |
| Waterford Zip Codes |
48327, 48328, 48329 |
- |
| Waterford Area Codes |
248 |
- |
| White population |
92.65% |
75.1% |
| African-American population |
2.89% |
12.3% |
| Asian |
1.27% |
3.6% |
| American Indian & Alaskan |
0.35% |
0.9% |
| Hispanic (of any race) |
3.91% |
12.5% |
| Median Family Income (1999) |
$ 64,500% |
$42,000 |
| Population Below Poverty Level |
5% |
12.4% |
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