College Costs in Waterford Township, MI 2026
Compare tuition, housing, and financial aid across 3 colleges in Waterford Township, Michigan. Use our free calculator to estimate your total cost.
Avg Public Tuition
$15,400
per year
Avg Private Tuition
$32,000
per year
Avg Rent Near Campus
$660
per month
Colleges & Universities
3
institutions
Waterford Township Overview
Population
73,813
Student Population
4,699 (6.4%)
Cost of Living Index
86 (avg: 100)
Walk Score
45/100
Transit Score
22/100
Unemployment Rate
3.8%
College Cost Calculator for Waterford Township
Cost Inputs
Total Cost (4 Years, Public In-State)
$115,704
Total After Financial Aid
$115,704
Annual Cost
$28,926
Annual After Aid
$28,926
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $115,704 |
| Monthly Payment | $1,314 |
| Total Interest | $41,951 |
| Total Loan Cost | $157,655 |
Universities in Waterford Township
| University | Type | Annual Tuition |
|---|---|---|
| Waterford Township State University | Public | $14,555 |
| Waterford Township Community College | Community | $5,194 |
Waterford Township has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Waterford Township vs. National Average
| Category | Waterford Township | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $660 | $1,050 | -$390 |
| Cost of Living Index | 86 | 100 | -14 |
Waterford Township's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Waterford Township
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
4,699 students
Waterford Township has a total population of 73,813, with approximately 4,699 college students (6.4% of the population). While not primarily a college town, Waterford Township offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Waterford Township
$31,163
Starting Salary
3.8%
Unemployment Rate
60%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Waterford Township earn a median starting salary of $31,163, which is -$3,837 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $115,704 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $10,253 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Michigan
Detroit
43 colleges · Avg tuition $14,568
Grand Rapids
10 colleges · Avg tuition $13,394
Ann Arbor
14 colleges · Avg tuition $16,736
Lansing
6 colleges · Avg tuition $14,460
Flint
5 colleges · Avg tuition $12,426
Kalamazoo
4 colleges · Avg tuition $13,413
Saginaw
4 colleges · Avg tuition $10,840
Warren
6 colleges · Avg tuition $15,400
Sterling Heights
5 colleges · Avg tuition $15,400
Dearborn
5 colleges · Avg tuition $15,400
Clinton Township
4 colleges · Avg tuition $15,400
Canton Township
4 colleges · Avg tuition $15,400
Frequently Asked Questions
Related Calculators
Explore 350+ Cities Across the U.S.
Compare college costs, housing, and student life in every major U.S. city.
Browse All Cities