Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.7 yrs |
|---|---|
| Avg HH Size | 2.59 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 46.2% ▲ 19% above avg |
| Unemployment | 0.6% ▼ 88% below avg |
| No HS Diploma | 13 (0.3%) |
| HS Graduate | 947 (25.3%) |
| Some College | 438 (11.7%) |
| Associates | 615 (16.4%) |
| Bachelors | 850 (22.7%) |
| Graduate Degree | 878 (23.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,273 ▲ 21% above avg |
|---|---|
| Median Home Value | $333,100 ▲ 19% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $998/mo |
| Total Housing Units | 2,386 |
| Vacant Units | 100 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Watertown is a city in Minnesota, located in Carver County. The city spans 1 ZIP code and is home to approximately 5,974 residents. It is a relatively young city, with a median age of 35.7 years.
Economically, Watertown is a middle-income community. The median household income of $92,273 is above the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 0.6%, well below the national average.
The real estate market in Watertown is a mid-range housing market. Median home values stand at $333,100, which is above the national average. Renters typically pay around $998 per month. Homeownership is high at 81.1%, typical of suburban and family-oriented communities.
The population of Watertown is well-educated. 46.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.72%).
Watertown, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55388 | 5,974 | $92,273 | $333,100 | $998 | 0.6% | 46.2% | 81.1% |