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Charter township in Michigan, United States

Waterford

$264kMedian Home
270Sunny Days/yr
58°FAvg High Temp
View on Map· Pop. 5k· Elev. 965 ftWikipedia

Waterford Township is a charter township in Oakland County in the U.S. state of Michigan. A northern suburb of Detroit, Waterford is located roughly 30 miles (48.3 km) northwest of downtown Detroit. As of the 2024 census, the township had a population of 70,538.Wikipedia

State Context

MichiganU.S. state

Michigan is a peninsular state in the Great Lakes region of the Upper Midwestern United States. It shares water and land boundaries with Minnesota to the northwest, Wisconsin to the west, Indiana and Illinois to the southwest, Ohio to the southeast, and the Canadian province of Ontario to the east, northeast and north. With a population of 10.14 million and an area of 96,716 sq mi (250,490 km2), Michigan is the tenth-largest state by population, the 11th-largest by area, and the largest by total area east of the Mississippi River. The state capital is Lansing, while its most populous city is Detroit.Wikipedia

Income tax: Flat 4.25%Avg sales tax: 6.00%Property tax: 1.17%Official school data available

About the Region

Great Lakes Midwest

The Great Lakes Midwest is undergoing a quiet, steady reassessment. Cities like Detroit, Cleveland, and Buffalo — long associated with industrial decline — have seen genuine neighborhood revivals driven by very low housing costs and incoming professional and creative workers. Chicago remains the undisputed anchor: a world-class city that, particularly in its residential neighborhoods, is underpriced relative to coastal equivalents. Minneapolis consistently ranks among the best-governed large cities in the country, with a walkable downtown and access to 10,000 lakes.

Winters are genuinely cold — lake-effect snow shapes life along the Great Lakes shores, and Minneapolis regularly logs the coldest temperatures of any major American city — but summers compensate with warmth and greenness that surprises transplants from the coasts. The economic base has diversified significantly: advanced manufacturing, major healthcare systems, agriculture tech, and financial services anchor the broader region, while university towns like Ann Arbor, Madison, and Bloomington punch well above their weight culturally.

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Current Conditions

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Cost of Living

Housing
$2k/mo
Median Rent
$264k
Median Home Price
Rent burden25% of income
Household Income
$76k
Median annual
04

Livability

School Rating
7.2/10
Internet
No internet coverage data yet.
05

Climate

Sunshine
270
sunny days per year
74% of the year
Avg High Temp
58°F
annual average
Humidity
71%
relative humidity
Comfort Score
57/100
Mixed
Temp Swing
49°F
seasonal high-temp spread
Rainfall
36"
inches per year
Snowfall
14"
inches per year
Air Quality
41
Good AQI
07

Demographics

Population5k
Altitude965 ftabove sea level
Median Age37 yrs
College Educated46%bachelor's or higher
Work From Home7%of workforce
Poverty Rate3%

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