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Waterford Town, Connecticut Economic Analysis

   (County: New London County)

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Economic Analysis

People and the communities they live in depend on money. The people of Waterford Town, Connecticut need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Connecticut

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.01 9.11 7.55 12.83 0.00 9.16
  Total Electric Industry 10.01 9.11 7.55 12.83 0.00 9.16
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.51 9.49 7.93 13.42 0.00 9.60
  Total Electric Industry 10.51 9.49 7.93 13.42 0.00 9.60
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.07 9.86 8.22 13.92 0.00 10.04
  Total Electric Industry 11.07 9.86 8.22 13.92 0.00 10.04
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.39 10.04 8.29 14.08 0.00 10.26
  Total Electric Industry 11.39 10.04 8.29 14.08 0.00 10.26
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.47 9.99 7.90 14.00 0.00 10.18
  Total Electric Industry 11.47 9.99 7.90 14.00 0.00 10.18
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.33 7.94 14.38 0.00 10.50
  Total Electric Industry 11.95 10.33 7.94 14.38 0.00 10.50
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.05 10.29 7.86 14.35 0.00 10.51
  Total Electric Industry 12.05 10.29 7.86 14.35 0.00 10.51
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.13 10.28 7.76 14.52 0.00 10.52
  Total Electric Industry 12.13 10.28 7.76 14.52 0.00 10.52
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.01 7.70 11.65 0.00 10.30
  Total Electric Industry 11.95 10.01 7.70 11.65 0.00 10.30
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.46 9.69 7.42 10.93 0.00 9.96
  Total Electric Industry 11.46 9.69 7.42 10.93 0.00 9.96
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.86 9.27 7.32 10.06 0.00 9.52
  Total Electric Industry 10.86 9.27 7.32 10.06 0.00 9.52
2001              
  Delivery-Only Service 4.48 4.40 0.00 0.00 0.00 4.48
  Energy-Only Providers 4.97 5.03 0.00 0.00 0.00 4.97
  Full-Service Providers 10.91 9.26 7.62 10.00 0.00 9.62
  Total Electric Industry 10.90 9.26 7.62 10.00 0.00 9.62
2002              
  Delivery-Only Service 5.22 4.54 3.05 12.97 0.00 4.34
  Energy-Only Providers 5.23 4.72 4.10 4.76 0.00 4.73
  Full-Service Providers 10.96 9.32 7.69 10.34 0.00 9.72
  Total Electric Industry 10.96 9.32 7.68 10.35 0.00 9.71
2003              
  Delivery-Only Service 5.19 4.66 3.11 0.00 0.00 4.53
  Energy-Only Providers 5.20 5.05 4.23 0.00 0.00 4.91
  Full-Service Providers 11.34 9.93 8.01 0.00 7.72 10.18
  Total Electric Industry 11.31 9.93 7.99 0.00 7.72 10.16
2004              
  Delivery-Only Service 5.34 4.45 2.82 0.00 0.00 4.42
  Energy-Only Providers 6.22 5.24 4.63 0.00 0.00 5.46
  Full-Service Providers 11.63 9.90 7.90 0.00 7.25 10.27
  Total Electric Industry 11.63 9.90 7.89 0.00 7.25 10.26
2005              
  Delivery-Only Service 6.22 5.02 2.71 0.00 0.00 5.37
  Energy-Only Providers 7.44 6.57 5.46 0.00 0.00 6.87
  Full-Service Providers 13.64 11.52 9.42 0.00 8.78 12.06
  Total Electric Industry 13.64 11.53 9.40 0.00 8.78 12.06
2006              
  Delivery-Only Service 6.28 5.14 3.14 0.00 0.00 5.04
  Energy-Only Providers 10.71 8.95 8.70 0.00 0.00 9.39
  Full-Service Providers 16.85 14.02 11.70 0.00 14.55 14.85
  Total Electric Industry 16.86 14.03 11.71 0.00 14.55 14.83

(updated 2006)



Time Leaving to Work in Waterford Town, Connecticut

12:00 A.M. TO 4:59 A.M.   : 178   (2.0%)
5:00 A.M. TO 5:29 A.M.   : 225   (2.5%)
5:30 A.M. TO 5:59 A.M.   : 369   (4.1%)
6:00 A.M. TO 6:29 A.M.   : 850   (9.5%)
6:30 A.M. TO 6:59 A.M.   : 952   (10.6%)
7:00 A.M. TO 7:29 A.M.   : 1,182   (13.2%)
7:30 A.M. TO 7:59 A.M.   : 1,476   (16.4%)
8:00 A.M. TO 8:29 A.M.   : 978   (10.9%)
8:30 A.M. TO 8:59 A.M.   : 656   (7.3%)
9:00 A.M. TO 9:59 A.M.   : 568   (6.3%)
10:00 A.M. TO 10:59 A.M.   : 228   (2.5%)
11:00 A.M. TO 11:59 A.M.   : 113   (1.3%)
12:00 P.M. TO 3:59 P.M.   : 743   (8.3%)
4:00 P.M. TO 11:59 P.M.   : 459   (5.1%)


(updated 2010)



Means Of Transportation
(Waterford Town, Connecticut)

Car, truck, or van:

Drove alone : 8,466

Carpooled:

In 2-person carpool : 562

In 3-person carpool : 0

In 4-person carpool : 0

In 5- or 6-person carpool : 8

In 7-or-more-person carpool : 5

Public transportation (excluding taxicab):

Bus or trolley bus : 30

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 20

Ferryboat : 0

Taxicab : 10

Motorcycle : 15

Bicycle : 52

Walked : 232

Other means : 55

Worked at home : 316


(updated 2009)



Travel Time To Work
(Waterford Town, Connecticut)

Less than 5 minutes : 355

5 to 9 minutes : 1,306

10 to 14 minutes : 2,622

15 to 19 minutes : 1,840

20 to 24 minutes : 1,295

25 to 29 minutes : 502

30 to 34 minutes : 457

35 to 39 minutes : 142

40 to 44 minutes : 70

45 to 59 minutes : 328

60 to 89 minutes : 458

90 or more minutes : 80


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Waterford Town, Connecticut)

With Social Security income : 2,817

No Social Security income : 4,979


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Waterford Town, Connecticut)

With retirement income : 2,122

No retirement income : 5,674


(updated 2009)



Family Income (Annual)
(Waterford Town, Connecticut)

Less than $10,000 : 0

$10,000 to $14,999 : 45

$15,000 to $19,999 : 71

$20,000 to $24,999 : 107

$25,000 to $29,999 : 126

$30,000 to $34,999 : 192

$35,000 to $39,999 : 126

$40,000 to $44,999 : 127

$45,000 to $49,999 : 174

$50,000 to $59,999 : 480

$60,000 to $74,999 : 796

$75,000 to $99,999 : 770

$100,000 to $124,999 : 700

$125,000 to $149,999 : 494

$150,000 to $199,999 : 555

$200,000 or more : 387


(updated 2009)



Median Family Income (Annual)
(Waterford Town, Connecticut)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $85,799


(updated 2009)



AM Radio Stations Near Waterford Town, Connecticut

  • WCNX (1180 AM; 1.8 kW; Hope Valley, RI; Owner: Judson Group, Inc.)
  • WXNI (1230 AM; 1.0 kW; Pawcatuck, CT; Owner: Wrni Foundation)
  • WICH (1310 AM; 5.0 kW; Norwich, CT; Owner: Wich, Incorporated)
  • WKFD (1370 AM; 5.0 kW; Charlestown, RI; Owner: Astro Tele-communications Corp.)
  • WILI (1400 AM; 1.0 kW; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WLIS (1420 AM; 5.0 kW; Old Saybrook, CT; Owner: Crossroads Communications Of Old Saybrook, Llc)
  • NEW (1490 AM; 1.0 kW; Uncasville, CT; Owner: The Ridgefield Broadcasting Corp.)
  • WSUB (980 AM; 1.0 kW; Groton, CT; Owner: Citadel Broadcasting Company)

FM Radio Stations Near Waterford Town, Connecticut

  • WKNL (100.9 FM; Uncasville, CT; Owner: Hall Communications, Inc.)
  • WMOS (102.3 FM; Pawcatuck, CT; Owner: Citadel Broadcasting Company)
  • WXLM (104.7 FM; Montauk, NY; Owner: Citadel Broadcasting Company)
  • WQGN-FM (105.5 FM; Groton, CT; Owner: Citadel Broadcasting Company)
  • WKIV (88.1 FM; Westerly, RI; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WKIV (88.1 FM; North Stonington, CT; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WPKM (88.7 FM; Montauk, NY; Owner: Wpkn, Inc.)
  • WNPR (89.1 FM; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)
  • NEW (89.5 FM; Charlestown, RI; Owner: Academy Of St. Therese)
  • NEW (89.5 FM; Charlestown, RI; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (89.5 FM; Westerly, RI; Owner: Rhode Island Public Radio)
  • WSUF (89.9 FM; Greenport, NY; Owner: Sacred Heart University, Inc.)
  • WECS (90.1 FM; Willimantic, CT; Owner: Eastern Connecticut State College)
  • NEW (90.7 FM; Plainfield, CT; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (90.7 FM; Montauk, NY; Owner: Community Bible Church)
  • NEW (90.7 FM; Montauk, NY; Owner: Hamptons Community Radio Corporation)
  • NEW (91.1 FM; Bradford, RI; Owner: Colina Alta Ministries, Inc.)
  • WGRS (91.5 FM; Madison, CT; Owner: Monroe Board Of Education)
  • WLNG (92.1 FM; Sag Harbor, NY; Owner: Main Street Broadcasting Co., Inc.)
  • WEHN (96.9 FM; East Hampton, NY; Owner: Aaa Licensing Llc)
  • WCTY (97.7 FM; Uncasville, CT; Owner: Wich, Inc.)
  • WILI-FM (98.3 FM; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WNLC (98.7 FM; Groton, CT; Owner: Hall Communications, Inc.)

TV Broadcast Stations Near Waterford Town, Connecticut

  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WEDN (Channel 53; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)

(updated 2008)



Occupations in Waterford Town, Connecticut

Male:


  • Management, Professional, And Related Occupations: 1,656  (34.3%)
  • Service Occupations: 673  (13.9%)
  • Sales And Office Occupations: 984  (20.4%)
  • Farming, Fishing, And Forestry Occupations 23  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 791  (16.4%)

Female:


  • Management, Professional, And Related Occupations: 1,804  (40.8%)
  • Service Occupations: 785  (17.8%)
  • Sales And Office Occupations: 1,557  (35.3%)
  • Farming, Fishing, And Forestry Occupations 6  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 55  (1.2%)


(updated 2010)





There are 11 Farms In Waterford Town, Connecticut


(updated 2008)



Banks In Waterford Town, Connecticut

People's United Bank - 2 Branches


    Bank Assets: $67.3m
    Industry Specialization: Commercial Lending
    Total Offices: 406

Liberty Bank - 2 Branches


    Bank Assets: $7.3m
    Industry Specialization: Commercial Lending
    Total Offices: 92

Bank Of America, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Webster Bank, National Association - 1 Branches


    Bank Assets: $21.5m
    Industry Specialization: Commercial Lending
    Total Offices: 167

Chelsea Groton Bank - 1 Branches


    Bank Assets: $934.9k
    Industry Specialization: Mortgage Lending
    Total Offices: 14

Citizens Bank, National Association - 1 Branches


    Bank Assets: $100.6m
    Industry Specialization: Commercial Lending
    Total Offices: 864

(updated 2014)







Airports Near Waterford Town, Connecticut

  • Trumbull


    (about 5.3 miles in Groton, Connecticut; Airport Code: GON)

  • Groton-New London


    (about 5.3 miles in Groton, Connecticut; Airport Code: GON)

  • Elizabeth Field


    (about 9.3 miles in Fishers Island, New York; Airport Code: FID)

  • Newburgh Airport


    (about 13.2 miles in Norwich, Connecticut; Airport Code: NBJ)

  • Westerly State


    (about 17.5 miles in Westerly, Rhode Island; Airport Code: WST)

  • Griswold


    (about 22.0 miles in Clinton, Connecticut; Airport Code: MPE)

  • Sky Portal


    (about 22.5 miles in Montauk, New York; Airport Code: MTP)

  • Windham


    (about 26.8 miles in Mansfield Center, Connecticut; Airport Code: CT3)

  • East Hampton Airport


    (about 28.1 miles in Wainscott, New York; Airport Code: HTO)

  • Block Island State


    (about 32.0 miles in Block Island, Rhode Island; Airport Code: BID)


(updated 2015)



Modes of Transportation in Waterford Town, Connecticut

Car, Truck, Or Van:

 

Drove Alone

84.30%

Carpooled

8.40%

Public Transportation:

 

Bus Or Trolley Bus

0.42%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.09%

Railroad

0.10%

Ferryboat

0.13%

Taxicab

0.19%

Motorcycle

0.0%

Bicycle

0.08%

Walked

3.09%

Other Means

0.27%

Worked At Home

2.93%



(updated 2010)





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