Top Industries in Waterford
Waterford is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Waterford include:
Automotive
The automotive industry remains a cornerstone of Waterford's economy, driven by its proximity to Detroit, the heart of the U.S. auto industry.
Range: $50-$120k
Growth rate: 5%
Healthcare
Healthcare is a rapidly growing sector in Waterford, with increasing demand for medical professionals and support staff.
Range: $45-$100k
Growth rate: 8%
Retail
Retail continues to be a significant employer in Waterford, with numerous opportunities in both large chains and local businesses.
Range: $30-$60k
Growth rate: 3%
Some job openings:Meijer is hiring: Store Manager, Sales Associate
Kroger is hiring: Cashier, Department Manager
Technology
The technology sector in Waterford is expanding, with a focus on software development and IT services.
Range: $70-$150k
Growth rate: 10%
Some job openings:TechSmith is hiring: Software Developer, IT Support Specialist
Duo Security is hiring: Cybersecurity Analyst, Product Manager
Education
Education is a stable sector in Waterford, with opportunities in both public and private institutions.
Range: $40-$80k
Growth rate: 4%
Employment Trends and Growth Rates
Waterford is witnessing a steady increase in job opportunities, particularly in the technology and healthcare sectors, which are experiencing accelerated growth.
The local job market is adapting to new economic realities, with a focus on sustainable employment and innovation.
Income inequality remains a concern, with the Gini index reflecting disparities that are being addressed through community initiatives and policy changes.
Job turnover rates are moderate, with a growing emphasis on employee retention and satisfaction.
Job Market for Remote and Freelance Workers in Waterford
Remote work is becoming increasingly prevalent in Waterford, with approximately 35% of the workforce engaged in remote positions.
Local companies in the tech and marketing sectors are leading the charge in offering flexible work arrangements.
City-specific job boards and networking events are facilitating connections for remote job seekers, enhancing access to national and international opportunities.
Job Resources and Networking
Waterford offers a variety of job resources, including local job boards like WaterfordJobs.com and career fairs hosted by the Waterford Chamber of Commerce.
Networking events and workshops are regularly held at the Waterford Public Library and Oakland Community College, providing valuable opportunities for job seekers.
Entrepreneurial hubs such as the Michigan Small Business Development Center offer support for startups and small businesses.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings