New Waterford is a village in northeastern Columbiana County, Ohio, United States. The population was 1,194 at the 2020 census. It is part of the Salem micropolitan area, about 18 miles (29 km) south of Youngstown.

Columbiana County is a county located in the U.S. state of Ohio. As of the 2020 census, the population was 101,877. The county seat is Lisbon and its largest city is Salem. Created in 1803, the county name is derived from that of 15th-century Italian explorer Christopher Columbus.