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Watertown, WI

Full City Profile · Wisconsin · Jefferson County County

3.1 /5.0
B Good
22,873 Population 1,895/sq mi density
$68,333 Median Income $32,036 per capita
$211,500 Home Value $312,902 Zillow
$1,061 Median Rent 26.1% income on rent
46°F Avg Temperature 260 sunny days/yr
199 Violent Crime/100K 1,021 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$68,333 median income, 3.6% unemployment
A+
Affordability
4.9 / 5.0
$211,500 home value, $1,061/mo rent
F
Safety
1.0 / 5.0
199 violent crimes/100K
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher

Housing Overview

Median Home Value
$211,500
25% below
US avg: $281,900
Median Rent
$1,061/mo
9% below
US avg: $1,163/mo
Homeownership Rate
59.8%
9% below US avg (65.4%)
Total Housing Units
9,139
Median year built: 1971

Home Value by Source

Census Median
$211,500
Zillow (ZHVI)
$312,902
Median Sale Price
$305,000
Median List Price
$352,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

59.8%
Owner-Occupied
40.2%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $1,061/mo · Zillow rent: $1,245/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$185
Active Inventory
39
homes for sale

Affordability & Housing Stock

Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
59.8%

Complete Housing Data

Home Values

Census Median Value$211,500
Zillow Home Value (ZHVI)$312,902
Median Sale Price$305,000
Median List Price$352,900
Price Per Sq Ft$185

Rent

Census Median Rent$1,061
Zillow Rent (ZORI)$1,245
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market35
Sale-to-List Ratio1.0%
Price Drops15.4%
Homes Sold23
Active Inventory39
Price Per Sq Ft$185

Ownership & Stock

Owner-Occupied59.8%
Renter-Occupied40.2%
Homeownership Rate59.8%
Total Housing Units9,139
Median Year Built1971
Rent Burden26.1%