Waterford is a somewhat small city located in the state of California. With a population of 9,335 people and two associated neighborhoods, Waterford is the 428th largest community in California. Housing costs in Waterford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.Because occupations involving physical labor dominate the local economy, Waterford is generally considered to be a blue-collar town. 42.28% of the Waterford workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Waterford is a city of sales and office workers, service providers, and construction workers and builders. There are especially a lot of people living in Waterford who work in sales jobs (13.66%), farm management occupations (10.05%), and office and administrative support (8.92%). Waterford is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.The population of Waterford has one of the lowest overall levels of education in the country: only 5.66% of people over 25 hold a college degree. The national average for all municipalities is 21.84%. The per capita income in Waterford in 2022 was $23,587, which is low income relative to California and the nation. This equates to an annual income of $94,348 for a family of four. However, Waterford contains both very wealthy and poor people as well. Waterford is an extremely ethnically-diverse city. The people who call Waterford home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Waterford, accounting for 54.56% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Waterford residents report their race to be White, followed by Asian. Important ancestries of people in Waterford include Irish, German, English, Portuguese, and Italian. Waterford also has a high percentage of its population that was born in another country: 20.86%. The most common language spoken in Waterford is English. Other important languages spoken here include Spanish and Portuguese.