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ZipNumbers

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

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