Living in Watertown, Connecticut
Cost of living, income, home prices, rent and demographics of Watertown · Census data 2020–2024
Watertown has 22,253 residents with a median age of 46.3. The median household income is $101,691 (6% higher than the Connecticut median), the median home value is $333,500, the median rent is $1,275/month.
Watertown at a glance
- Population
- 22,253
- Median age
- 46.3State: 41.1
- Median household income
- $101,691State: $95,781
- Median home value
- $333,500State: $366,900
- Median rent
- $1,275/moState: $1,488
- Homeowners
- 83.9%
- Bachelor's degree or higher
- 38.6%
- Average commute
- 24 min
Is Watertown a good place to live?
Pros: Median household income 6% higher than the Connecticut median; home values 9% lower than the state median; an average commute of 24 minutes; unemployment of 3%; a poverty rate of 4.3%.
The weather is best in June to September.
Cost of living in Watertown
Housing is the biggest part of the cost of living. In Watertown the median home value is $333,500, about the same as the U.S. median. Renters pay a median of $1,275 per month, which is 39.2% of household income. Homeowners with a mortgage pay $2,234 a month in housing costs.
Watertown median household income
The median household income in Watertown is $101,691 and the income per person is $48,479. 4.3% of residents live below the poverty line (Connecticut: 10%).
Housing in Watertown: homes for sale and rent
- Housing units
- 9,417
- Owner-occupied
- 83.9%
- Renter-occupied
- 16.1%
- Vacant
- 6.8%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.51
Watertown demographics
- Population
- 22,253
- Median age
- 46.3
- Under 18
- 17.7%
- 65 and older
- 23.3%
- Households
- 8,772
- Foreign-born
- 10.4%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Watertown ›
Education in Watertown
38.6% of adults 25 and older in Watertown have a bachelor's degree or higher (Connecticut: 42.5%), and 17.5% have a graduate or professional degree.
Jobs and commute in Watertown
- Unemployment rate
- 3%State: 5.6%
- Average commute
- 24 minState: 27 min
- Work from home
- 10.1%
- Drive alone
- 79.2%
- Public transit
- 0.3%
- Walk to work
- 1.3%
- Homes with broadband
- 93.5%
Watertown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Watertown | 22,253 | $101,691 | $333,500 | $1,275 |
| Oakville | 9,276 | $95,515 | $280,500 | $1,414 |
| Thomaston | 7,492 | $103,218 | $282,600 | $1,037 |
| Bethlehem Village | 2,195 | $109,256 | $380,500 | $1,036 |
| Bethlehem | 3,423 | $108,929 | $410,900 | $1,127 |
| Plymouth | 11,746 | $94,514 | $275,000 | $1,276 |
| Waterbury | 114,869 | $51,886 | $208,500 | $1,225 |
| Woodbury | 9,833 | $131,480 | $469,900 | $1,563 |
| Middlebury | 7,807 | $133,487 | $476,400 | $398 |
More for people moving to Watertown
Watertown ZIP code ›Weather and climate ›Living in Watertown: FAQ
What is the median household income in Watertown, CT?
The median household income in Watertown is $101,691, 6% higher than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Watertown?
The median home value in Watertown is $333,500, compared with $366,900 in Connecticut.
How much is rent in Watertown?
The median gross rent in Watertown is $1,275 per month, about 39.2% of household income.
Is Watertown, CT a good place to live?
Pluses: median household income 6% higher than the Connecticut median; home values 9% lower than the state median; an average commute of 24 minutes; unemployment of 3%; a poverty rate of 4.3%.
What is the median age in Watertown?
The median age in Watertown is 46.3 years (Connecticut: 41.1).
How long is the commute in Watertown?
The average commute to work in Watertown is 24 minutes; 10.1% of workers work from home.
What is the unemployment rate in Watertown?
The unemployment rate in Watertown is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Watertown?
38.6% of adults in Watertown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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