Living in Watertown, Florida
Cost of living, income, home prices, rent and demographics of Watertown · Census data 2020–2024
Watertown has 3,068 residents with a median age of 47.1. The median household income is $41,466 (44% lower than the Florida median), the median home value is $114,100, the median rent is $851/month.
Watertown at a glance
- Population
- 3,068
- Median age
- 47.1State: 42.6
- Median household income
- $41,466State: $74,568
- Median home value
- $114,100State: $359,000
- Median rent
- $851/moState: $1,669
- Homeowners
- 54.6%
- Bachelor's degree or higher
- 8.3%
- Average commute
- 18 min
Is Watertown a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 18 minutes.
Cons: Median household income 44% lower than the Florida median; unemployment of 22%; a poverty rate of 42.4%.
The weather is best in March–April and October–November.
Cost of living in Watertown
Housing is the biggest part of the cost of living. In Watertown the median home value is $114,100, 66% lower than the U.S. median. Renters pay a median of $851 per month, which is 32.6% of household income. Homeowners with a mortgage pay $958 a month in housing costs.
Watertown median household income
The median household income in Watertown is $41,466 and the income per person is $19,894. 42.4% of residents live below the poverty line (Florida: 12.6%).
Housing in Watertown: homes for sale and rent
- Housing units
- 1,524
- Owner-occupied
- 54.6%
- Renter-occupied
- 45.4%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.21
Watertown demographics
- Population
- 3,068
- Median age
- 47.1
- Under 18
- 22.1%
- 65 and older
- 21.3%
- Households
- 1,372
- Foreign-born
- 2.1%
- Veterans
- 20.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Watertown ›
Education in Watertown
8.3% of adults 25 and older in Watertown have a bachelor's degree or higher (Florida: 34.1%), and 3.3% have a graduate or professional degree.
Jobs and commute in Watertown
- Unemployment rate
- 22%State: 4.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 0%
- Drive alone
- 75.5%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 86.2%
Watertown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Watertown | 3,068 | $41,466 | $114,100 | $851 |
| Lake City | 12,515 | $56,472 | $184,900 | $1,040 |
| Five Points | 1,097 | $63,207 | — | $1,119 |
| White Springs | 919 | $38,229 | $84,100 | $768 |
| Lake Butler | 1,601 | $49,922 | $167,800 | $774 |
| Fort White | 531 | $53,750 | $220,800 | $943 |
| Worthington Springs | 279 | $48,750 | $183,300 | $1,109 |
| Raiford | 382 | $63,281 | — | $945 |
| Live Oak | 6,985 | $59,375 | $160,300 | $903 |
More for people moving to Watertown
Watertown ZIP code ›Weather and climate ›Living in Watertown: FAQ
What is the median household income in Watertown, FL?
The median household income in Watertown is $41,466, 44% lower than the Florida median of $74,568 (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 $114,100, compared with $359,000 in Florida.
How much is rent in Watertown?
The median gross rent in Watertown is $851 per month, about 32.6% of household income.
Is Watertown, FL a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 18 minutes. Minuses: median household income 44% lower than the Florida median; unemployment of 22%; a poverty rate of 42.4%.
What is the median age in Watertown?
The median age in Watertown is 47.1 years (Florida: 42.6).
How long is the commute in Watertown?
The average commute to work in Watertown is 18 minutes; 0% of workers work from home.
What is the unemployment rate in Watertown?
The unemployment rate in Watertown is 22% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Watertown?
8.3% 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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