A mid-sized city in Connecticut, Waterbury has slightly more than 109,000 residents. The city's population, with an average age of just under 37, skews decidedly younger than most cities in Connecticut. The majority of Waterbury residents rent, and 43% of residents own their homes. With a relatively affordable average rent of $921 per month in the city, renting remains an affordable option, particularly compared to other cities in Connecticut. Over the course of a year, renters in Waterbury will save around $2,700 compared to the state average.
Waterbury has an average commute time of about 26 minutes. Driving a vehicle is the typical means of commuting to work, selected by 36% of residents, while public transit isn't used extensively. Not many residents commute to work on foot.
Waterbury has a relatively large percentage of residents older than 25 with a high school degree or GED (23%) compared to the national average. In addition, 6% have a Bachelor's degree and 3% possess a Master's degree or Doctorate. There are three primary industries in Waterbury: healthcare, retail, and manufacturing. Together, these industries account for 21% of the city's workforce. Meanwhile, looking at job function, many of the city's workers are in sales, as 6% of the city's population reports this as their field of work, the highest number of any field. Waterbury workers take home an average annual income of about $54,000, the 8th-lowest average income of any municipality in Connecticut. The city's average income also trails the national average of $73,345.