Minnesota · Census place 68548
Watertown city, MN
Quick answer
Watertown city has 4,747 residents, ranking #159 of 914 places in Minnesota. Median household income is $93,008, the median home is worth $315,200 and median gross rent runs $967 a month.
- Population
- 4,747Watertown city residents
- Median household income
- $93,008Past 12 months, inflation adjusted
- Median home value
- $315,200Owner-occupied units
- Median gross rent
- $967Rent plus utilities, monthly
- Median age
- 34.5 yrsAll residents
- Homeownership rate
- 79.3%Owner-occupied households
What the numbers mean in Watertown city
Housing cost measured against local earnings.
A household earning the Watertown city median would spend about 12.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 79.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Lonsdale city 4,789
- Windom city 4,786
- Oak Park Heights city 4,782
- St. James city 4,740
- Chisholm city 4,731
- Dilworth city 4,664
- Sauk Centre city 4,589
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