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Demographics
Population
Median Income
Racial Distributions
Zip code 06385 in Waterford, Connecticut, is classified as a "Low Diversity" community with a "White Majority" comprising 86% of the population as of 2022. The population increased from 9,775 in 2020 to 15,363 in 2022. During this period, the median income rose from $87,986 to $86,192.
Waterford has maintained its status as a "Low Diversity" community with a strong "White Majority" over the past decade. The white population percentage fluctuated slightly, reaching its lowest point of 80% in 2017 before increasing to 86% in 2022. The Hispanic population increased from 6% in 2013 to 9% in 2019, but decreased to 4% by 2022. The Asian population remained stable at 3-5% throughout the decade.
The Black population increased slightly from 1% in 2013 to 2-3% in recent years. The "Two or More Races" category gradually increased from 2% in 2013 to 5% in 2021, but dropped to 3% in 2022. The median income in Waterford showed an upward trend over the decade. From 2013 to 2016, it fluctuated between $71,944 and $77,428. From 2017 to 2022, there was a more consistent upward trend, rising from $75,414 to $86,192, with a peak of $95,115 in 2021.
The economic growth correlates with the population increase, suggesting that the area has become increasingly attractive to higher-income residents. This may contribute to the maintenance of the "White Majority" status.
The demographic trends in Waterford diverge from national trends towards increased diversity. While many urban and suburban areas in the U.S. have seen increases in minority populations, Waterford has maintained its "Low Diversity" categorization. The economic growth in the area aligns with broader trends of economic recovery and growth following the 2008 recession.
The population increase between 2020 and 2022 is notable and may be related to migration patterns observed during and after the COVID-19 pandemic, where some urban residents moved to less densely populated areas. Waterford has experienced substantial population growth and economic improvement over the past decade, but its racial demographics have remained relatively stable, maintaining its status as a predominantly white, low-diversity community.
This stability in racial composition, coupled with economic growth, suggests that the area may be attracting residents seeking a specific community profile, potentially limiting opportunities for increased diversity.