At a Glance
Median Income
$93,008
$41,419 per capita
Home Value
$315,200
Zillow: $376,042
Median Rent
$967/mo
23.1% of income on rent
Bachelor's Degree+
22.2%
95.2% high school+
Unemployment
0.0%
9.0% poverty rate
Obesity Rate
34.2%
14.6% smoking rate
How Watertown Compares to the U.S. Average
Each bar shows Watertown's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Watertown a Good Place to Live?
A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Watertown residents earn a median household income of $93,008 , which is 24% above the national average of $75,149.
Per capita income is $41,419. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 9.0% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.
Housing & Cost of Living
The median home value in Watertown is $315,200 , 12% above the national median of $281,900.
Zillow estimates the typical home at $376,042. Median rent is $967/month, with 23.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1990.
Education
22.2% of adults in Watertown hold a bachelor's degree or higher
(34% below the national average).
95.2% have completed high school. Local schools score 7.2/10 in standardized testing.
Climate & Weather
Watertown has an average annual temperature of 45°F (7°C).
Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 30.6 inches.
Data Overview
People
Population4,747
Median Age34.5 yrs
Density1,805/mi²
Male / Female51% / 49%
Foreign Born1.0%
Veterans6.1%
Economy
A+
Median Income$93,008
Per Capita$41,419
Unemployment0.0%
Poverty9.0%
County GDP$7,614M
Avg Weekly Wage$1,297
Housing
A+
Home Value$315,200
Rent$967
Ownership79.3%
Zillow$376,042
Housing Units1,840
Rent Burden23.1%
Health
Obesity34.2%
Diabetes8.2%
Smoking14.6%
Heart Disease5.0%
Premature Death3,990/100K
Climate
Avg Temp45°F
Rain30.6 in/yr
Elevation956 ft
Education
C+
Bachelor's+22.2%
High School+95.2%
Graduate+8.0%
School Score7.2/10
Community
2024 VoteR 52% / D 46%
Commute27 min
Broadband95.4%
Internet Speed126 Mbps
EV Stations1
Libraries7
Did You Know?
The median home in Watertown was built in 1990.
19.1% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (31 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.2% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.