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Watertown, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
35,543
Population
$126,265
Median Income
$784,600
Home Value
39.4
Median Age

Demographics

Watertown has a population of 35,543 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:

White
71.3%
Asian
11.7%
Other
7.2%
Hispanic
6.0%
Black
3.8%
Demographic Value
Total Population35,543
Median Age39.4
White71.3%
Black or African American3.8%
Asian11.7%
Hispanic or Latino6.0%
Other / Two or More Races7.2%
Watertown, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 71.3%Asian: 11.7%Other: 7.2%Hispanic/Latino: 6.0%Black: 3.8%35,543PopulationWhiteWhite71.3%AsianAsian11.7%OtherOther7.2%Hispanic/LatinoHispanic/Latino6.0%BlackBlack3.8%

Income & Economy

The median household income in Watertown is $126,265, which is 56.6% above the national median of $80,610. The per capita income is $73,851. The poverty rate is 7.5%.

$126,265
Median Household Income
$73,851
Per Capita Income
7.5%
Poverty Rate

Employment

The unemployment rate in Watertown is 3.5%, compared to the national rate of 4.1%.

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Education

In Watertown, 95.1% of residents age 25+ have a high school diploma or higher, and 66.5% hold a bachelor's degree or higher (35.8% with a graduate or professional degree).

HS Diploma+
95.1%
Bachelor's+
66.5%
Graduate+
35.8%
Education Level % of Adults (25+)
High School Diploma or Higher95.1%
Bachelor's Degree or Higher66.5%
Graduate or Professional Degree35.8%

Housing

The median home value in Watertown is $784,600, above the national median of $303,400. The median monthly rent is $2,502. The homeownership rate is 47.7%.

$784,600
Median Home Value
$2,502/mo
Median Rent
47.7%
Homeownership Rate
Housing Metric Value
Median Home Value$784,600
Median Monthly Rent$2,502
Homeownership Rate47.7%
Vacancy Rate4.9%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Watertown, Massachusetts?
The population of Watertown, Massachusetts is 35,543 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Watertown, Massachusetts?
The median household income in Watertown, Massachusetts is $126,265. This is 56.6% above the national median of $80,610.
What is the median home value in Watertown, Massachusetts?
The median home value in Watertown, Massachusetts is $784,600. The median monthly rent is $2,502.
What percentage of people in Watertown have a college degree?
In Watertown, Massachusetts, 66.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.1% have a high school diploma or higher.
Is Watertown, Massachusetts an affordable place to live?
The home price-to-income ratio in Watertown, Massachusetts is 6.2x (median home value $784,600 vs. median income $126,265), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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