Waterford is located in Dakota County, Minnesota. Waterford has a 2025 population of 516. Waterford is currently declining at a rate of -0.19% annually and its population has decreased by -3.55% since the most recent census, which recorded a population of 535 in 2020.
The average household income in Waterford is $109,925 with a poverty rate of 10.1%.The median age in Waterford is 41.6 years: 40.8 years for males, and 43.9 years for females.
Data after 2023 is projected based on recent change
The racial composition of Waterford includes 84.57% White, 6.48% Asian, and smaller percentages for Native American and multiracial populations.
White (84.6%)
Asian (6.5%)
Two or more races (6.3%)
Native American (2.7%)
Race | Population | Percentage (of total) |
---|---|---|
White | 444 | 84.57% |
Asian | 34 | 6.48% |
Two or more races | 33 | 6.29% |
Native American | 14 | 2.67% |
Married
Widowed
Divorced
Separated
Never Married
Waterford's average per capita income is $57,639. Household income levels show a median of $84,583. The poverty rate stands at 10.1%.
Name | Median | Mean |
---|---|---|
Married Families | $106,875 | - |
Families | $106,806 | $117,770 |
Households | $84,583 | $109,925 |
Non Families | $58,750 | $69,210 |
Average Income
Median Household Income
Poverty Rate