Waterford

Neighbourhood in Norfolk County · Ontario · Population 4,810

Compare with another place Save this place

Approximate boundaries

Norfolk County doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Norfolk County.

Housing and jobs

Housing costs, rents, incomes and jobs in Waterford, with comparisons and sources.

Affordability

54 · Average

Average monthly rent$1,156/month

Norfolk County: $1,027/month · Canada: $1,209/month · 2006: $685/month (estimated) · 2016: $969/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$667/month

City-wide figure for Norfolk County · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,004/month

City-wide figure for Norfolk County · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$988/month

City-wide figure for Norfolk County · CMHC, 2025

Median dwelling value (owner-estimated)$555,607

Norfolk County: $500,000 · Canada: $472,000 · Estimated · 2016: $294,290 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.8%

Norfolk County: 15.6% · Canada: 20.9% · 2006: 17.5% (estimated) · 2016: 13.8% (estimated) · Statistics Canada, 2021

Economy

43 · Average

Median household income$89,381

Norfolk County: $82,000 · Canada: $84,000 · Estimated · 2006: $72,181 (estimated) · 2016: $81,569 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.4%

Canada: 5.2% · City-wide figure for Norfolk County · Statistics Canada, 2021

Unemployment rate10.4%

Norfolk County: 10.2% · Canada: 10.3% · 2006: 5.4% (estimated) · 2016: 7.3% (estimated) · Statistics Canada, 2021