Population 5,677 · Census ACS 2020–24
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Population and households in Watertown
Household size in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.46 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.54 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.71 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.73 | 2.58 | 2.52 | 2.65 |
| Change | +0.27 | −0.00 | +0.00 | −0.03 |
Households in Watertown average 2.73 people, about the same as the country as a whole (2.65). The typical household here is bigger than in the Minneapolis area as a whole, where it has 2.58 people. Household size has climbed from 2.46 in 2006–10, even as the national average fell.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 38.4 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 39.1 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 37.0 | 39.2 | 40.0 | 40.1 |
| Change | +0.5 | +2.5 | +2.1 | +2.3 |
Watertown is younger than the country as a whole: its median age is 37.0, against 40.1 nationally. The median age has crept up from 36.6 in 2006–10, a smaller shift than nationally. Watertown is younger than the great majority of Minnesota cities.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.8% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 4.2% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 4.1% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 13.3% | 9.8% | 9.6% | 11.6% |
| Change | +5.5 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head just over one in eight households in Watertown (13.3%), a bit above the national share of 11.6%. The single-parent share has risen 5.5 points since 2006–10, even as the national share fell. Watertown has a higher share of single-parent households than at least four in five Minnesota cities.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Watertown
Renters in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.4% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 16.8% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 21.3% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 14.6% | 29.3% | 27.8% | 34.8% |
| Change | −1.8 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Watertown is overwhelmingly a place of homeowners: only 14.6% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Nearly a third of owners (32.2%) have paid off their mortgages, below the national share of 39.8%. The renter share has fallen 1.8 points since 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.4% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 7.0% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 7.1% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 4.9% | 5.7% | 8.3% | 9.6% |
| Change | −3.5 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Empty homes are scarce in Watertown: just 4.9% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. That is in line with the rest of the Minneapolis area. Vacancy is down 3.5 points from 2006–10, as it has nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1975 | 1973 | 1974 |
| 2010–14 | 1983 | 1976 | 1974 | 1975 |
| 2015–19 | 1981 | 1977 | 1975 | 1977 |
| 2020–24 | 1993 | 1980 | 1978 | 1980 |
| Change | +9 | +4 | +5 | +6 |
Much of the housing in Watertown is relatively new: half of its homes were built after 1993, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1984 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southeast, while the north has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $733 | $1,007 | $882 | $965 |
| 2010–14 | $1,007 | $1,077 | $953 | $1,040 |
| 2015–19 | $800 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,113 | $1,603 | $1,404 | $1,571 |
| Change | +$380 | +$597 | +$522 | +$606 |
Rent in Watertown runs $1,113 a month at the median, utilities included, well below the U.S. median of $1,571. Rents are up $380 a month from 2006–10, a 52% rise, a slower climb than the nation's. Rent takes 24.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Watertown
Bachelor's degrees in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 23.9% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 28.7% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 23.1% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 23.4% | 45.4% | 39.6% | 35.6% |
| Change | −0.5 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Fewer adults in Watertown have a four-year degree than in the country as a whole: 23.4%, against 35.6% nationally. Watertown has a lower share of college graduates than at least four in five Minnesota cities.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 89.8% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 92.5% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 94.0% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 95.5% | 94.0% | 93.7% | 89.3% |
| Change | +5.7 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in Watertown: 95.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The Minneapolis area as a whole looks much the same. Since 2006–10, the share with a diploma has risen 5.7 points, in line with the national trend.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Watertown
| Period | Watertown | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.2% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 8.7% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 2.6% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 0.7% | 4.0% | 4.1% | 5.4% |
| Change | −5.4 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in Watertown has been low: just 0.7% of the labor force was out of work and looking, well below the national rate of 5.4%. Only one other Minnesota city with 5,000+ people has lower unemployment. Unemployment is down 5.4 points from 2006–10, in line with the national trend.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Watertown compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Watertown | 2.73 | 37.0 | 13.3% | 14.6% | 4.9% | 1993 | $1,113 | 23.4% | 95.5% | 0.7% |
| Mayer | 2.82 | 37.3 | 10.3% | 5.6% | 3.8% | 1996 | $1,501 | 35.4% | 97.7% | 2.9% |
| Delano | 2.70 | 38.5 | 5.9% | 18.6% | 3.7% | 1992 | $1,123 | 46.1% | 97.3% | 1.7% |
| St. Bonifacius | 2.42 | 36.7 | 2.6% | 9.6% | 3.8% | 1993 | $1,244 | 41.2% | 98.5% | 1.8% |
| Minnetrista | 2.88 | 42.8 | 6.0% | 6.3% | 10.1% | 1993 | $1,145 | 65.5% | 99.6% | 2.6% |
| New Germany | 2.67 | 36.3 | 7.4% | 10.4% | 3.1% | 1964 | $1,190 | 23.1% | 95.8% | 2.5% |
| Montrose | 2.88 | 35.2 | 8.3% | 16.9% | 5.4% | 1995 | $1,462 | 31.6% | 92.4% | 4.4% |
| Waconia | 2.65 | 38.6 | 6.5% | 19.6% | 2.7% | 1996 | $1,632 | 50.5% | 98.6% | 4.4% |
| Independence | 2.77 | 43.4 | 4.0% | 8.2% | 7.6% | 1988 | $1,917 | 65.0% | 97.8% | 0.9% |
| Mound | 2.04 | 45.9 | 6.8% | 24.7% | 7.4% | 1975 | $1,155 | 47.0% | 96.4% | 4.4% |
| Maple Plain | 2.29 | 38.3 | 5.6% | 35.7% | 7.9% | 1975 | $1,295 | 39.4% | 96.2% | 1.5% |
All figures 2020–24.
Cities with similar populations: Rio Bravo, TX · Forsyth, MO · Fort Eustis, VA · Fort Huachuca, AZ · Fort Mc Coy, FL · Fort Plain, NY · Foster, RI · Fountain Hill, PA · Fox Chapel, PA · Frankfort, OH
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Watertown. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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