This study uses a logistic regression analysis to investigate the social drivers of water utility privatization in the United States at the local level. In order to do so I combine data gathered from the Environmental Protection Agency’s 2012 Safe Drinking Water Information System database and use it in conjunction with the U.S. census’s 2008–12 county‐level demographic estimates. I use a logistic regression analysis in order to examine the relationship between theoretically relevant social factors and the probability of a privately owned or operated water system being located within a community. Key findings suggest that water utility privatization in the United States follows the logic of a variegated neoliberalism and constitutes a form of environmental injustice.