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Watertown, CT
Full City Profile · Connecticut · Naugatuck Valley Planning Region County
3.6
/5.0
B+
Good
4,215
Population
1,786/sq mi density
$98,003
Median Income
$44,837 per capita
$278,500
Home Value
$374,580 Zillow
$1,115
Median Rent
51.0% income on rent
47°F
Avg Temperature
271 sunny days/yr
60
Violent Crime/100K
1,319 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$98,003 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$278,500 home value, $1,115/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
A
Education
4.2 / 5.0
40.4% bachelor's degree or higher
Income Overview
Median Household Income
$98,003
30% above
US avg: $75,149
Per Capita Income
$44,837
15% above
US avg: $39,052
Unemployment Rate
4.3%
19% above
US avg: 3.6%
Poverty Rate
14.5%
17% above
US avg: 12.4%
Income Comparison: Watertown vs. U.S. Average
Each bar shows Watertown’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$98,003
130%
Per Capita
US: $39,052
$44,837
115%
IRS Avg AGI
US: $72,000
$80,854
112%
Avg Weekly Wage
US: $1,432
$1,377
96%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,377
4% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
9.9%
35% below US avg (15.2%)
Drive Alone
72.8%
1% below US avg (73.2%)
Public Transit
0.9%
83% below US avg (5.0%)
County GDP
$33,435M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.8%
Public Transit
0.9%
Work From Home
9.9%
Other
16.4%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
13,526
Restaurants
904
Healthcare
1,304
Retail
1,210
Manufacturing
640
Tax & Financial
IRS Avg Adjusted Gross Income
$80,854
12% above US avg ($72,000)
Avg Property Tax
$6,909
97% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $98,003 |
| Per Capita Income | $44,837 |
| IRS Avg Adjusted Gross Income | $80,854 |
| Avg Weekly Wage | $1,377 |
| County GDP | $33,435M |
Hardship Indicators
| Unemployment Rate | 4.3% |
| Poverty Rate | 14.5% |
| Gini Coefficient | 0.463 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 72.8% |
| Public Transit | 0.9% |
| Work From Home | 9.9% |
Businesses
| Total Establishments | 13,526 |
| Restaurants | 904 |
| Healthcare | 1,304 |
| Retail | 1,210 |
| Manufacturing | 640 |
Tax
| IRS Avg AGI | $80,854 |
| Avg Property Tax | $6,909 |