ZIP Code 06385 — Waterford CDP, CT Demographics & Data

ZIP code 06385 covers Waterford, CT in New London County with a population of about 15,900.

At a glance, the area shows median age of 46.9 versus a U.S. median of about 38.9.

It sits in telephone area codes 860, 959; U.S. House district CT-2; the HARTFORD & NEW HAVEN media market.

Median household income in ZIP 06385 is about $110,375 — about 47% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.8%; unemployment rate near 5.7%; 41.0% of adults with a bachelor’s degree or higher (about 7.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 8.8% of workers reporting work-from-home (about 6.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $334,900 — about 4% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,332 (about 15% above the U.S. median rent ($1,163)), and owner-occupancy near 79.7% (about 14.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 06385 in Waterford, CT, a household would need roughly $92,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,151. That sits below the local median household income ($110,375), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Waterford CDP, CT show little to no average snow and around 39.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 878 for ZIP 06385 (Waterford CDP, CT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.