Pros and Cons of Living In Waterbury, Connecticut. Is Waterbury, CT a Nice Place To Live or Retire?

Waterbury, Connecticut

Moving to Waterbury In Connecticut ? Is Waterbury, CT a Nice Place To Live? Pros and Cons of Living in Waterbury, Connecticut. Find out the best and worst about to live, raise a family or retire in Waterbury.

Waterbury is a city in the U.S. state of Connecticut. Waterbury had a population of 114,403 as of the 2020 Census. The city is 33 miles (53 km) southwest of Hartford and 77 miles (124 km) northeast of New York City. Waterbury is the largest city in the Naugatuck Valley Planning Region and second-largest city in New Haven County.

Throughout the first half of the 20th century, Waterbury had large industrial interests and was the leading center in the United States for the manufacture of brassware (including castings and finishings), as reflected in the nickname the "Brass City" and the city's motto Quid Aere Perennius? ("What Is More Lasting Than Brass?"). It was also noted for the manufacture of watches and clocks (Timex).

The...

DEMOGRAPHICS

Population
107841
Unemployment
9.3%
98% NAT AVG.
Poverty
21.3%
52% NAT AVG.
Cost Of Living
104
4% NAT AVG.

ECONOMICS

Median Home Cost
$132700
42% NAT AVG.
Median Income
$46329
31% NAT AVG.
Median Rent
$986
15% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
3243
29% NAT. AVG.
73% STATE AVG.
Violent Crime
400
4% NAT. AVG.
105% STATE AVG.
Property Crime
2843
35% NAT. AVG.
69% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 11
People Earning < $10,000
1 in 10
People Earning < $50,000
53.3%
People With Any Degree
1 in 4.2

ETHNICITY

Ethnicity Waterbury USA
White 38.9% 60.1%
African American 18.9% 12.2%
American Indian 0% 0.6%
Asian 1.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.3% 2.8%
Hispanic 36.6% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waterbury USA
Less than $10,000 10% 5.8%
$10,000 to $14,999 7.3% 4.1%
$15,000 to $24,999 11.6% 8.5%
$25,000 to $34,999 9.7% 8.6%
$35,000 to $49,999 14.7% 12.0%
$50,000 to $74,999 17.5% 17.2%
$75,000 to $99,999 11.9% 12.8%
$100,000 to $149,999 11.1% 15.6%
$150,000 to $199,999 3.5% 7.1%

EDUCATION

Education Waterbury USA
< 9th Grade 9% 5.0%
9-12th Grade 11% 7.0%
High School or GED 37% 27.0%
Other College 19% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 10% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Waterbury is a city in Connecticut state in USA with a population of 107841 residents.. The poverty rate of Waterbury is 21.3%, which is 52% higher than national average. The typical household in Waterbury earns $46329 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Waterbury remained 9.3%, which is 98% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Waterbury is 104, which is 4% higher than national average. In Waterbury, only 17% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Waterbury is $132700 , which is 42% lower than national average. While median income in Waterbury remained $46329, which is 31% lower than national average.
Waterbury Scorecard

Jobs50%

Housing70%

Affordability60%

Safety50%

Amenities95%

Diversity100%

Education50%

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