Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Watertown, Minnesota

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
4,790
Population
$99,671
Median Income
$337,200
Home Value
33.3
Median Age

Demographics

Watertown has a population of 4,790 with a median age of 33.3. Here is the racial and ethnic breakdown of the population:

White
92.6%
Other
3.6%
Hispanic
3.4%
Demographic Value
Total Population4,790
Median Age33.3
White92.6%
Black or African American0.1%
Asian0.3%
Hispanic or Latino3.4%
Other / Two or More Races3.6%
Watertown, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 92.6%Other: 3.6%Hispanic/Latino: 3.4%Other: 0.4%4,790PopulationWhiteWhite92.6%OtherOther3.6%Hispanic/LatinoHispanic/Latino3.4%OtherOther0.4%

Income & Economy

The median household income in Watertown is $99,671, which is 23.6% above the national median of $80,610. The per capita income is $42,480. The poverty rate is 7.7%.

$99,671
Median Household Income
$42,480
Per Capita Income
7.7%
Poverty Rate

Advance Your Career in Watertown

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Watertown, 94.9% of residents age 25+ have a high school diploma or higher, and 22.5% hold a bachelor's degree or higher (5.9% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
22.5%
Graduate+
5.9%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher22.5%
Graduate or Professional Degree5.9%

Housing

The median home value in Watertown is $337,200, above the national median of $303,400. The median monthly rent is $927. The homeownership rate is 82.9%.

$337,200
Median Home Value
$927/mo
Median Rent
82.9%
Homeownership Rate
Housing Metric Value
Median Home Value$337,200
Median Monthly Rent$927
Homeownership Rate82.9%
Vacancy Rate4.1%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

See all Minnesota salaries →

Other Cities in Minnesota

See all Minnesota cities →

Frequently Asked Questions

What is the population of Watertown, Minnesota?
The population of Watertown, Minnesota is 4,790 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Watertown, Minnesota?
The median household income in Watertown, Minnesota is $99,671. This is 23.6% above the national median of $80,610.
What is the median home value in Watertown, Minnesota?
The median home value in Watertown, Minnesota is $337,200. The median monthly rent is $927.
What percentage of people in Watertown have a college degree?
In Watertown, Minnesota, 22.5% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Watertown, Minnesota an affordable place to live?
The home price-to-income ratio in Watertown, Minnesota is 3.4x (median home value $337,200 vs. median income $99,671), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Watertown?

Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.

Salary Data in Minnesota

All Jobs in Minnesota Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn