2025 Compare Cities Economy:
Old Lyme, CT vs Waterford, CT

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Highlights
- Household income in Waterford, is 16% less than it is in Old Lyme and is 28% above the National Average.
- Old Lyme unemployment rate is 7.7%.
- Waterford unemployment rate is 7.7%.
 Old Lyme, CTWaterford, CTUnited States
 Unemployment Rate  Unlock7.7%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth31.1%  Unlock33.5%
 Sales Taxes6.4%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$74,149  Unlock$37,638
 Household Income  Unlock$95,880$69,021
 Family Median Income$145,721  Unlock$85,028
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 Est. Households By Income
 Old Lyme, CTWaterford, CTUnited States
 Income Less Than 15K  Unlock5.2%9.4%
 Income between 15K and 20K3.3%  Unlock3.8%
 Income between 20K and 30K  Unlock7.6%8.1%
 Income between 30K and 40K4.3%  Unlock8.0%
 Income between 40K and 50K  Unlock5.7%7.6%
 Income between 50K and 60K4.2%  Unlock7.2%
 Income between 60K and 75K  Unlock7.2%9.6%
 Income between 75K and 100K12.3%  Unlock12.8%
 Income between 100K and 150K  Unlock22.0%16.3%
 Income between 150K and 200K14.5%  Unlock7.8%
 Income greater than 200K  Unlock10.8%9.5%
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 Population By Occupation
 Old Lyme, CTWaterford, CTUnited States
 Management, business, finance24.6%  Unlock16.4%
 Engineering, computers, science  Unlock9.9%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock1.8%1.2%
 Education, library8.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology7.1%  Unlock6.2%
 Healthcare support  Unlock1.9%3.3%
 Firefighters, law enforcement0.4%  Unlock2.1%
 Food preparation, serving  Unlock4.7%5.4%
 Building maintenance4.9%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support16.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair5.2%  Unlock8.1%
 Production, transportation, material moving  Unlock9.5%13.1%
Reviews for Old Lyme    0 Reviews

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Reviews for Waterford    1 Reviews

Over 16 years ago

As a former resident, former Board of Education president, former Economic Development Commission president, I must say Waterford is a great place to live. It had the  More

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