The nature of water in acid-form Nafion 117 was quantified at several hydration levels by dielectric relaxation spectroscopy. Two independent experimental setups were used to collect complex dielectric permittivity spectra at low frequencies ͑0.01 Hz to 1 MHz at −80 to 25°C͒ and in the microwave region ͑0.40-26 GHz at 25-45°C͒. We directly observed the states of water, manifested through three population averages with distinctly resolved dynamical behaviors, and their changes with temperature and hydration level. The fastest process observed was identified as the cooperative picosecond relaxation of free ͑isotropic, bulklike͒ water, whereas the slowest process ͑microsecond relaxation times͒ corresponded to water molecules strongly bound to the charged sulfonic groups. A third type of water was also observed, also characterized by picosecond relaxation times, close to and about three times slower than those of bulk water, which was attributed to loosely bound water and may contain substantial dynamical heterogeneities.