Waterbury, CT Profile: Facts & Data

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Waterbury, Connecticut - Basic Facts

The City of Waterbury is the 5th largest city in Connecticut with a population of 114,934 as of July 1, 2024. Waterbury ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Connecticut. See peer rankings below.

The primary coordinate point for Waterbury is located at latitude 41.5582 and longitude -73.0515 in Naugatuck Valley County. The formal boundaries for the City of Waterbury encompass a land area of 28.52 sq. miles and a water area of 0.42 sq. miles.

The City of Waterbury has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Waterbury is located within , a minor civil division (MCD) of Naugatuck Valley County.


Jump to... (On This Page!)
  1. Waterbury 2024 Demographic Data
  2. Growth Rates for Waterbury (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Connecticut Research Tools (Easy Tools & Current Data)
  3. Connecticut Data Comparison Tool - 2024 Demographics
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Waterbury, CT Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 114,934 (100%)
Population in Households 113,122 (98.4%)
Population in Families 88,193 (76.7%)
Population in Group Quarters1 1,812 ( 1.6%)
Population Density 4,025
Diversity Index2 87
 
 

INCOME

Median Household Income $54,896
Average Household Income $78,526
% of Income for Mortgage4 24%
Per Capita Income $30,880
Wealth Index5 57
Socioeconomic Status Index6 Low (39.1)
 

HOUSING

Total HU (Housing Units) 49,059 (100%)
Owner Occupied HU 20,049 (40.9%)
Renter Occupied HU 25,038 (51.0%)
Vacant Housing Units 3,972 ( 8.1%)
Median Home Value $212,607
Average Home Value $271,151
Housing Affordability Index3 88
 

HOUSEHOLDS

Total Households 45,087
Average Household Size 2.51
Family Households 27,366
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.11% -0.07%
Households 0.35% 0.32%
Families   0.15%
Median Household Income   3.22%
Per Capita Income   3.42%
Owner Occupied HU   1.59%

Waterbury, CT - Peer Comparisons by Rank and Percentile

The table below compares Waterbury to the other 215 incorporated cities, towns and CDPs in Connecticut by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 5 98th
Population Density # 18 92nd
Median Household Income # 206 5th
Housing Affordability Index # 107 50th
Per Capita Income # 205 5th
Diversity Index # 3 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Connecticut Census Data Comparison Tool.

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