Watertown, MN

Minnesota · Metropolitan Area

Watertown is a small town in Minnesota with a population of 4,747. Residents earn $93,008 per year, which is 24% above the national average.

4.1 /5.0
A Great
4,747 Population 1,805/sq mi density
$93,008 Median Income $41,419 per capita
$315,200 Home Value $370,563 Zillow
$967 Median Rent
44°F Avg Temperature
A
Overall
4.1 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$93,008 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$315,200 home value, $967/mo rent
C+
Education
2.8 / 5.0
22.2% bachelor's degree or higher
Median Income $93,008
24% higher than US avg
Home Value $315,200
12% higher than US avg
Bachelor's+ 22.2%
34% lower than US avg
Median Rent $967
17% lower than US avg
Obesity Rate 34.2%
7% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 9.0%
27% lower than US avg

How Watertown Compares to the U.S. Average (100% = U.S. avg)

People

Population4,747
Median Age34.5 yrs
Density1,805/mi²
Male / Female51% / 49%
Largest GroupWhite 94%

Economy

A+
Median Income$93,008
Per Capita$41,419
Unemployment0.0%
Poverty9.0%
County GDP$7,614M
Commute27 min

Housing

A+
Home Value$315,200
Rent$967
OwnershipN/A
Zillow$370,563

Crime

ViolentN/A
PropertyN/A

Health

Obesity34.2%
UninsuredN/A
Depression26.1%
Heart Disease5.0%

Climate

Avg Temp44°F
AQI36 (Good)
Rain34.1 in/yr
Elevation956 ft

Education

C+
Bachelor's+22.2%
High School+95.2%
School Score6.08

Community

2024 VoteR 52% / D 46%
Commute27 min
Libraries7

Is Watertown a Good Place to Live?

Based on current data, Watertown receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, high health insurance coverage. Watertown stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Watertown is $93,008, 24% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. 9.0% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Watertown is $315,200, 12% above the national median. Renters pay a median of $967 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.4x indicates a reasonably affordable housing market.

Education

22.2% of residents hold a bachelor's degree, below the national average of 33.7%. 95.2% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Watertown has a cool climate with an average annual temperature of 44°F. Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 34.1 inches, including 51.6 inches of snow. Air quality is rated Good with a median AQI of 36.

Watertown has a population of 4,747 with a density of 1,805 people per square mile. The median age is 34.5 years, 11% younger than the national median of 38.9. The city is predominantly White (94.2%), with 2.9% Hispanic.

Population

4,747
Total Population
1,805
People / sq mi
34.5yrs
Median Age
11% below US avg
2.6mi²
Land Area

Gender Distribution

Male 50.7%
Female 49.3%

Race & Ethnicity

Watertown vs U.S. Average

Language Spoken at Home

English Only99.2%
26% above US avg
Spanish0.8%
94% below US avg

Social Characteristics

Watertown vs U.S. Average

The median household income in Watertown is $93,008, which is 24% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 9.0% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Watertown vs U.S.

Commute Mode

Income

Median HH Income$93,008
24% above US avg
Per Capita Income$41,419
Avg Weekly Wage$1,297
IRS Avg AGI$131,468

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate9.0%
27% below US avg
Establishments (County)2,874
County GDP$7,614M

Business (County)

Restaurants188
Healthcare268
Retail232
Manufacturing153

Tax & Cost of Living

Property Tax (IRS)$6,648
90% above US avg
Effective Tax Rate2.11%

Commute & Transportation

Commute Time26.9 min
Work from Home19.1%

Walkability

The median home value in Watertown is $315,200, 12% above the national average. Monthly rent averages $967 (17% below US avg). Zillow estimates the typical home value at $370,563.

Home Value Sources

Ownership Split

Home Values

Census Median$315,200
12% above US avg
Zillow ZHVI$370,563
Median List Price$449,900

Real Estate Market (Redfin)

Median List Price$449,900
$/Sq Ft$160
Homes Sold2
Sale-to-List Ratio101.0%
Price Drops37.5%
Inventory8

Rental Costs

Census Median Rent$967
17% below US avg

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied79.3%

Property Tax

Avg Tax (IRS)$6,648
90% above US avg
Effective Rate2.11%
In Watertown, 34.2% of adults are obese (above the 32.1% national rate). 26.1% report depression. 21.6% are physically inactive.

Health Metrics: Watertown vs U.S. Average (%)

Chronic Conditions

Obesity34.2%
7% above US avg
Diabetes8.2%
Heart Disease5.0%
High Blood Pressure25.7%
Asthma10.4%
COPD4.9%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking20.8%
Physical Inactivity21.6%
Depression26.1%
Mental Distress16.7%
Physical Distress11.0%

Healthcare Access

Insurance Rate97.0%
Checkup Rate72.5%
Premature Death3,990/100K

Food & Exercise

Food Environment9.8/10
Exercise Access96.8%
Healthcare Facilities268

Crime Rates: Watertown vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)9

Safety Score

Watertown has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 71°F in July. Annual precipitation is 34.1 inches. Air quality is rated Good with a median AQI of 36.

Temperature

13°F Jan (-10°C) 71°F Jul (22°C)
Annual Average44.1°F
18% below US avg
January Average13°F (-10°C)
July Average71°F (22°C)

Precipitation & Snow

Annual Rainfall34.1 inches
10% below US avg
Snowfall51.6 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation956 ft (291 m)
Area2.6 sq mi (6.8 km²)
Population Density1,805/sq mi
Coordinates44.9602°N, 93.8439°W
County FIPS27019
It is classified as Metro — 1 million+. 22.2% of residents hold a bachelor's degree or higher (34% below US avg). In the 2024 election, the county voted Republican by a 5.4-point margin.

2024 Presidential Election (County)

R 51.7%
D 46.3%

Winner: Republican by 5.4 points

Education

Bachelor's Degree+22.2%
34% below US avg
High School+95.2%
School Test Score6.08
C+ Education Grade (2.8/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,805/sq mi
Total Area2.6 sq mi

Infrastructure & Services

Public Libraries7
Healthcare Facilities268
Restaurants188
Retail Stores232

Safety & Disasters

Fatal Crashes (County/yr)9

Commute & Transportation

Avg Commute26.9 min
Work from Home19.1%

Nearby Cities

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