A water supply monitoring system in connection with a supply line includes a fluid sensor configured to identify flow rate data identifying a flow rate of water through the supply line. A controller is configured to receive the flow rate data from the fluid sensor and compare the flow rate data over time to a plurality of flow rate models. The flow rate models define flow rate characteristics of a plurality of preconfigured water implements. The controller is further configured to classify a water consumption identified by the flow rate data as being consumed by a plurality of consumption implements in connection with the supply line in a plurality of consumption classifications.