Waterford Township, MI Homes For Rent

Homes for Rent in Waterford Township, MI: What You Need to Know

Waterford Township, a part of Oakland County in southeast Michigan, is known for its beautiful lakes and streams – 32 in all. It’s located 35 miles north of Detroit.

Local History

Waterford was founded by Oliver Williams and Alpheus Williams of Massachusetts in 1819, when they bought land in the area. The first school session in Oakland County took place in Waterford in 1821 at Oliver Williams’s sheep barn. Throughout the 1800s, people came to Waterford for its many lakes. It served as a resort after railroads made it easier to travel. Waterford became a township in 1834. In 1961, it was incorporated as a charter township, a form of local government with certain rights and responsibilities.

Cost of Living

You’ll get your money’s worth in Waterford Township (population: 72,631) with a cost of living rate that’s 0.2% lower than the national average. The median gross rent is $875. Likewise, food and housing costs are 13% and 6.8% lower than the national average respectively. The Wolverine State collects a flat income tax rate of 4.25%, but some cities charge additional rates. The state charges 6% in sales tax.

What Are the Top Employers in Waterford Township?

Waterford Township’s strategic location in the metro Detroit region gives it access to big car companies such as General Motors Co., Ford Motor Co., and DaimlerChrysler Corp. Other industries that drive the region’s economy include health care, defense, and information technology. Major employers include Beaumont Hospitals, Ascension Michigan, Henry Ford Health System, Oakland County, Trinity Health, and Comerica Bank.

What Are Some Fun Things to Do in Waterford Township?

There’s plenty of opportunity for fishing, canoeing, and sailing in the summer. Waterford Township has many parks that are great for snowmobiling, ice skating, and cross-country skiing in the winter. The Pontiac Lake Recreation Area is a popular destination because it has the longest beach in southeast Michigan. The area has marshes, ponds, forests, river bottoms, and lakes. It has designated trails for horseback riding, hiking, and mountain biking. The area also features a model-airplane flying field and a fenced section for dogs.

Is Waterford Township Snowy?

Waterford Township receives 33 inches of snow per year, more than the U.S. average of 28 inches. It gets about 32 inches of rain annually versus the U.S. average of 38 inches. One of the most intense snowstorms in the area happened on Jan. 4-5, 2014, when 14.5 inches of snow fell on Waterford Township, while other cities and towns got as much as 17.1 inches.