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Waterford, MI Income and Careers

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As of 2005-2009, the per capita income of Waterford is $28,518, which is higher than the state average of $25,172 and is higher than the national average of $27,041. Waterford median household income is $54,928, which has shrunk by 0.15% since 2000. The median household income growth rate is much lower than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. On average Waterford residents spend 28.3 minutes per day commuting to work, which is higher than the state average of 23.5 minutes and is higher than the national average of 25.2 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, see rank

Waterford, MI	28,518 USD
Michigan	25,172 USD
U.S.	27,041 USD

*Based on 2005-2009 data. View historical per capita income data.

Median Individual Worker Income, see rank

Waterford, MI	33,308 USD
Michigan	27,594 USD
U.S.	29,050 USD

*Based on 2005-2009 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Waterford, MI	41,150 USD
Michigan	34,976 USD
U.S.	34,625 USD

*Based on 2005-2009 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Waterford, MI	26,578 USD
Michigan	21,514 USD
U.S.	23,628 USD

*Based on 2005-2009 data. View historical female median individual worker income data.

Household Income

Median Household Income, see rank

Waterford, MI	54,928 USD
Michigan	48,700 USD
U.S.	51,425 USD

Mean Household Income, see rank

Waterford, MI	67,675 USD
Michigan	63,805 USD
U.S.	70,096 USD

Median Household Income Growth Since 2000, see rank

Waterford, MI		-0.15%
Michigan		9.90%
U.S.		27.36%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Waterford, MI		Michigan		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	23.94%	$9,345, see rank	25.56%	$10,621	24.85%	$14,905
Social Security Income	25.08%	$16,167, see rank	28.72%	$15,875	27.06%	$14,966
Public Assistance Income	2.29%	$3,318, see rank	3.38%	$2,967	2.39%	$3,363
Retirement Income	20.97%	$20,308, see rank	21.39%	$19,518	17.40%	$20,838

⁺ The percentage of the total households that have the income.

*Based on 2005-2009 data. View historical household income data.

Family Income

Median Family Income, see rank

Waterford, MI	66,746 USD
Michigan	60,635 USD
U.S.	62,363 USD

Mean Family Income, see rank

Waterford, MI	78,278 USD
Michigan	75,458 USD
U.S.	81,537 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2005-2009 data. View historical family income data.

Median Household Income by Races

	Waterford, MI	Michigan	U.S.
White	$56,453, see rank	$51,763	$54,535
Black	$29,083, see rank	$31,278	$34,445
Hispanic	$39,052, see rank	$38,416	$40,946
Asian	$56,250, see rank	$70,182	$68,458
American Indian, Alaska Native	$26,875, see rank	$36,505	$36,520
One Race, Other	$29,167, see rank	$37,146	$40,521
Two or More Races	$50,368, see rank	$36,871	$45,012

*Based on 2005-2009 data. View historical median household income by races data.

Median Household Income by Age

	Waterford, MI	Michigan	U.S.
less than 25	$32,946, see rank	$21,835	$26,365
25 to 44	$61,838, see rank	$54,704	$56,832
45 to 64	$64,664, see rank	$60,397	$63,121
65 or over	$36,500, see rank	$32,139	$32,753

*Based on 2005-2009 data. View historical median household income by age data.

Employment Status

	Waterford, MI	Michigan	U.S.
Population 16 Years and Over	56,005, see rank	7,901,716	235,871,704
Male¹	27,509, 49.12%, see rank	48.64%	48.74%
Male, In Labor Force:²	19,994, 72.68%, see rank	68.46%	71.28%
Male, In Armed Forces²	48, 0.17%, see rank	0.13%	0.84%
Male, Civilian²	19,946, 72.51%, see rank	68.32%	70.44%
Male, Civilian, Employed³	17,973, 90.11%, see rank	88.77%	92.66%
Male, Civilian, Unemployed³	1,973, 9.89%, see rank	11.23%	7.34%
Male, Not in Labor Force²	7,515, 27.32%, see rank	31.54%	28.72%
Female¹	28,496, 50.88%, see rank	51.36%	51.26%
Female, In Labor Force:²	17,867, 62.70%, see rank	58.56%	59.10%
Female, In Armed Forces²	11, 0.04%, see rank	0.02%	0.14%
Female, Civilian²	17,856, 62.66%, see rank	58.54%	58.96%
Female, Civilian, Employed³	16,425, 91.99%, see rank	90.44%	92.95%
Female, Civilian, Unemployed³	1,431, 8.01%, see rank	9.56%	7.05%
Female, Not in Labor Force²	10,629, 37.30%, see rank	41.44%	40.90%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2005-2009 data. View historical employment status data.

Commuting to Work

	Waterford, MI	Michigan	U.S.
Workers 16 Years and Over	33,149, 100%	4,355,588	138,541,405
Car, Truck, or Van—Drove Alone	28,650, 86.43%, see rank	82.84%	75.92%
Car, Truck, or Van—Carpooled	2,905, 8.76%, see rank	9.02%	10.52%
Public Transportation	13, 0.04%, see rank	1.28%	4.95%
Walked	374, 1.13%, see rank	2.28%	2.86%
Other Means	232, 0.70%, see rank	1.15%	1.72%
Worked at Home	975, 2.94%, see rank	3.44%	4.02%

Mean Travel Time to Work, see rank

Waterford, MI	28.3 minutes
Michigan	23.5 minutes
U.S.	25.2 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2005-2009 data. View historical commuting to work data.

Careers

Occupation

	Waterford, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	34,398	4,479,502	141,303,145
Male¹	17,973, 52.25%, see rank	52.04%	53.11%
Management, Professional, and Related Occupations²	5,510, 30.66%, see rank	31.01%	31.81%
Service Occupations²	2,546, 14.17%, see rank	13.55%	13.79%
Sales and Office Occupations²	3,286, 18.28%, see rank	16.82%	17.85%
Farming, Fishing, and Forestry Occupations²	20, 0.11%, see rank	0.88%	1.06%
Construction, Extraction, Maintenance, and Repair Occupations²	3,309, 18.41%, see rank	15.07%	17.24%
Production, Transportation, and Material Moving Occupations²	3,302, 18.37%, see rank	22.67%	18.26%
Female¹	16,425, 47.75%, see rank	47.96%	46.89%
Management, Professional, and Related Occupations²	5,725, 34.86%, see rank	34.89%	38.12%
Service Occupations²	3,242, 19.74%, see rank	22.08%	20.39%
Sales and Office Occupations²	6,426, 39.12%, see rank	34.41%	34.43%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.26%	0.30%
Construction, Extraction, Maintenance, and Repair Occupations²	133, 0.81%, see rank	0.62%	0.68%
Production, Transportation, and Material Moving Occupations²	899, 5.47%, see rank	7.75%	6.09%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Waterford, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	34,398, 100%	4,479,502	141,303,145
Agriculture, Forestry, Fishing, Hunting, Mining	21, 0.06%, see rank	1.22%	1.82%
Construction	2,691, 7.82%, see rank	5.62%	7.45%
Manufacturing	5,421, 15.76%, see rank	18.26%	11.24%
Wholesale Trade	975, 2.83%, see rank	2.93%	3.20%
Retail Trade	4,559, 13.25%, see rank	11.64%	11.52%
Transportation, Warehousing, Utilities	1,212, 3.52%, see rank	4.18%	5.08%
Information	772, 2.24%, see rank	1.93%	2.44%
Finance, Insurance, Real Estate, Rental, Leasing	2,428, 7.06%, see rank	5.72%	7.10%
Professional, Scientific, Management, Administrative, Waste Management Services	3,958, 11.51%, see rank	8.77%	10.29%
Educational Services, Health Care, Social Assistance	6,236, 18.13%, see rank	22.40%	21.51%
Arts, Entertainment, Recreation, Accommodation, Food Services	3,220, 9.36%, see rank	8.99%	8.77%
Public Administration	1,181, 3.43%, see rank	3.66%	4.74%
Other Services, Except Public Administration	1,724, 5.01%, see rank	4.67%	4.84%

*Based on 2005-2009 data. View historical careers data.

Poverty Level

	Waterford, MI	%	Michigan	U.S.
Population in Poverty	6,870	9.87%, see rank	14.46%	13.47%
Family in Poverty	1,362	7.37%, see rank	10.26%	9.86%

*Based on 2005-2009 data. View historical poverty level data.