Waterbury, VT Profile: Facts & Data

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Waterbury, Vermont - Basic Facts

The Village of Waterbury had a population of 1,804 as of July 1, 2020. Waterbury ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Vermont. See peer rankings below.

The primary coordinate point for Waterbury is located at latitude 44.3378 and longitude -72.7562 in Washington County. The formal boundaries for the Village of Waterbury encompass a land area of 1.89 sq. miles and a water area of 0.05 sq. miles. Washington County is in the Eastern time zone (GMT -5). The elevation is 427 feet.

The Village of Waterbury (GNIS ID: 2378329) 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 Village of Waterbury is located within Town of Waterbury, a minor civil division (MCD) of Washington County.

Alternate Unofficial Names for Waterbury: Waterbury Village.

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Waterbury, VT Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,804 (100%)
Population in Households 1,752 (97.1%)
Population in Families 1,148 (63.6%)
Population in Group Quarters1 52 ( 2.9%)
Population Density 1,391
Diversity Index2 13
 
 

INCOME

Median Household Income $57,473
Average Household Income $74,275
% of Income for Mortgage4 18%
Per Capita Income $34,498
Wealth Index5 66
 

HOUSING

Total HU (Housing Units) 939 (100%)
Owner Occupied HU 394 (42.0%)
Renter Occupied HU 477 (50.8%)
Vacant Housing Units 68 ( 7.2%)
Median Home Value $249,265
Average Home Value $280,852
Housing Affordability Index3 130
 

HOUSEHOLDS

Total Households 871
Average Household Size 2.01
Family Households 416
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.12% -0.02%
Households 0.22% 0.05%
Families 0.63% -0.24%
Median Household Income   1.14%
Per Capita Income   1.87%
Owner Occupied HU   0.05%

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Waterbury, VT - Peer Comparisons by Rank and Percentile

The table below compares Waterbury to the other 121 incorporated cities, towns and CDPs in Vermont by rank and percentile using July 1, 2020 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 # 29 77th
Population Density # 23 82nd
Median Household Income # 43 65th
Housing Affordability Index # 45 37th
Per Capita Income # 25 80th
Diversity Index # 59 52nd

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

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