Income & Economy in Waterford CDP, VA (20197)
Median Income
$233,777
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+125
Wealth inflow
Population
2,212
Unemployment
9.7%
6.0pp above US avg
IRS migration statistics show a net inflow of about 125 for ZIP 20197 (Waterford CDP, VA) 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.
Historical Trends in 20197 (2020–Present)
Since 2020, population declined 24.5%, median income rose 16.6% (inflation-adjusted), home values decreased 0.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $233,777 |
| Unemployment | 9.7% |
| Establishments | 56 |
| Employees | 214 |