New Waterford is a small town of 897 in Ohio, with a median household income of $55,833
and a 4.1% unemployment rate.
Its cost of living index is 86 (US average = 100), which is
14% below the national average.
Strengths:
New Waterford stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether New Waterford is right for you depends on your priorities — the full breakdown is below.
All New Waterford city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 85.7
New Waterford's overall cost of living index is 85.7,
where 100 represents the US national average.
Living in New Waterford costs roughly 14% less than the average American city.
Metric
New Waterford, OH
National Avg
Median Home Value
$122,800
$244,900
Median Monthly Rent
$492
$1,163
Homeownership Rate
76.1%
65.9%
Median Household Income
$55,833
$74,755
Crime & Safety
Very Safe
New Waterford's violent crime rate is 76.6 per 100,000 residents
— 80% lower than the national average of ~380 per 100,000.
Violent Crime
76.6 /100k
Property Crime
445.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
New Waterford, OH
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
18.5%
35.4%
High School Diploma or Higher
91.4%
91.1%
Weather & Climate
New Waterford sees average highs of 34.0°F in January
and 81.7°F in July,
with 41.7 inches of annual precipitation
and 27.5 inches of snow per year.
New Waterford's cost of living index is 86, where 100 is the national average.
That makes New Waterford roughly 14% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $122,800 and median rent is $492/month.
New Waterford's violent crime rate is 76.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 445.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Waterford, OH has a population of 897, a median household income of $55,833, and an unemployment rate of 4.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Waterford averages 34.0°F in January and 81.7°F in July. Annual rainfall is 41.7 inches
with about 27.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Waterford, OH is covered by 1 ZIP code: 44445.
The population of New Waterford, Ohio is 897 with a median age of 45.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Waterford: cost of living index 86 (100 = US average), median home $122,800, median household income $55,833, crime index 21 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Waterford side by side with your current city to see the trade-offs.
