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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
Housing Overview
Median Home Value
$278,500
1% below
US avg: $281,900
Median Rent
$1,115/mo
4% below
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
1,676
Median year built: 1955
Home Value by Source
Census Median
$278,500
Zillow (ZHVI)
$374,580
Median Sale Price
$318,500
Median List Price
$384,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.0%
Owner-Occupied
25.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$1,115/mo
· Zillow rent:
$2,123/mo
Market Indicators (Redfin)
Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
7.1%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
75.0%
Complete Housing Data
Home Values
| Census Median Value | $278,500 |
| Zillow Home Value (ZHVI) | $374,580 |
| Median Sale Price | $318,500 |
| Median List Price | $384,900 |
| Price Per Sq Ft | $188 |
Rent
| Census Median Rent | $1,115 |
| Zillow Rent (ZORI) | $2,123 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 64 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 7.1% |
| Homes Sold | 8 |
| Active Inventory | 14 |
| Price Per Sq Ft | $188 |
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 1,676 |
| Median Year Built | 1955 |
| Rent Burden | 51.0% |