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Watertown city, Minnesota

City

Population: 4,747 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Watertown city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Watertown city

What is the median household income in Watertown city?
The median household income in Watertown city is $93,008 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Watertown city?
The poverty rate in Watertown city is 9.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Watertown city?
$315,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Watertown city?
The median gross rent in Watertown city is $967 per month (U.S. Census Bureau ACS 2023).
What percentage of Watertown city residents have a college degree?
22.2% of adults in Watertown city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,747
Median Income
$93,008
Median Home Value
$315,200
Poverty Rate
9.0%
Unemployment (ACS 2023)
0.0%
Median Age
34.0 yrs
Since 2019 Median Income: +$9,466 (+11.3%) Home Value: +$106,900 (+51.3%) Poverty Rate: +5.8 pp (+181.2%) Bachelor's+: -0.9 pp (-3.9%) Unemployment: -2.4 pp (-100%)

Demographics

Total Population 4,747
Median Age 34.0
Female 49.3%
Race & Ethnicity
Hispanic or Latino 2.6% White (non-Hisp.) 93.3% Asian 0.4% Two or More 5.0% Other 0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $93,008 ±$15,451
+$5,452 vs. state
Per Capita Income $101,766
Median Family Income $114,348
Poverty Rate 9.0%
+3.5 pp vs. state
Child Poverty Rate 18.7%
Working-Age Poverty Rate
SNAP Recipients 1.5%
Social Security Income
Retirement Income 17.2%
Household Income Distribution
< $10k
1.9%
$10–15k
0.4%
$15–25k
3.2%
$25–35k
5.6%
$35–50k
10.4%
$50–75k
17.7%
$75–100k
18.7%
$100–150k
14.5%
$150–200k
15.9%
$200k+
11.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,877
Owner-Occupied 79.3%
Renter-Occupied 20.7%
Vacancy Rate 3.6%
Median Home Value $315,200
+$9,700 vs. state
Median Gross Rent $967
Owner Cost Burden (30%+) 10.8%
Renter Cost Burden (30%+) 29.1%
Home Value Distribution
< $50k
6.2%
$50–100k
3.3%
$100–200k
0.6%
$200–300k
24.7%
$300–500k
51.8%
$500k–$1M
3.0%
Gross Rent Distribution
< $500
17.6%
$500–1k
37.2%
$1–1.5k
39.6%
$1.5–2k
5.6%
Vehicle Availability
No vehicle
2.4%
1 vehicle
22.4%
2 vehicles
41.8%
3+
33.4%
Housing Type
Single-fam. det.
73.7%
Single-fam. att.
9.4%
2–4 units
1.8%
5–19 units
4.5%
20+ units
3.5%
Mobile home
5.5%
Housing Age
Pre-1940
12.4%
1940–1969
2.2%
1970–1999
8.2%
2000–2009
28.6%
2010+
10.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.2%
Bachelor's or Higher 22.2%
-16.6 pp vs. state
Graduate Degree 4.5%
Some College / Associate 23.6%
Less Than High School 1.1%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 76.7%
Unemployment Rate 0.0%
-3.9 pp vs. state
Work from Home 19.1%
Self-Employed 5.8%
Government Workers 9.6%
Private For-Profit 84.6%
Industry
Edu/Health
20.2%
Manufacturing
17.5%
Retail
13.6%
Construction
12.5%
Arts/Entmt.
9.1%
Prof. Services
8.6%
Finance
5.1%
Transportation
3.7%
Public Admin
3.4%
Wholesale
3.1%
Information
0.7%
Occupation
Management
28.8%
Sales
24.5%
Production
19.2%
Food Prep
18.5%
Construction
9.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 26.9 min
Drove Alone 73.8%
Carpool 3.2%
Public Transit 0.1%
Work from Home 19.1%
Walked 3.7%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,809
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 51.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 16.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
7.4%
5–9
8.8%
10–14
3.1%
15–19
5.7%
20–24
11.1%
25–34
14.7%
35–44
10.4%
45–54
12.6%
55–64
7.4%
65–74
7.2%
75–84
6.3%
85+
4.1%
Under 18: 21.8% Working age (18–64): 78.2% 65 and over: 11.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.0%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 0.0%
Foreign-Born Origin
Asia
83.7%
Europe
12.2%
Africa
4.1%

Veterans & Disability

Veteran 6.1%
With a Disability 12.2%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.6%
Uninsured 3.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 95.4%
Has a Computer 97.6%
Same House 1 Year Ago 93.5%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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