Living in Watkins, Minnesota
Cost of living, income, home prices, rent and demographics of Watkins · Census data 2020–2024
Watkins has 765 residents with a median age of 42.8. The median household income is $64,896 (27% lower than the Minnesota median), the median home value is $149,100, the median rent is $808/month.
Watkins is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Watkins at a glance
- Population
- 765
- Median age
- 42.8State: 38.8
- Median household income
- $64,896State: $89,062
- Median home value
- $149,100State: $329,300
- Median rent
- $808/moState: $1,280
- Homeowners
- 67.4%
- Bachelor's degree or higher
- 8.5%
- Average commute
- 26 min
Is Watkins a good place to live?
Pros: Home values 55% lower than the state median; unemployment of 4%.
Cons: Median household income 27% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 11.4%.
The weather is best in June to September.
Cost of living in Watkins
Housing is the biggest part of the cost of living. In Watkins the median home value is $149,100, 55% lower than the U.S. median. Renters pay a median of $808 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,407 a month in housing costs.
Watkins median household income
The median household income in Watkins is $64,896 and the income per person is $37,148. 11.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Watkins: homes for sale and rent
- Housing units
- 389
- Owner-occupied
- 67.4%
- Renter-occupied
- 32.6%
- Vacant
- 18%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.24
Watkins demographics
- Population
- 765
- Median age
- 42.8
- Under 18
- 18.3%
- 65 and older
- 16.3%
- Households
- 319
- Foreign-born
- 0.4%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Watkins ›
Education in Watkins
8.5% of adults 25 and older in Watkins have a bachelor's degree or higher (Minnesota: 39.4%), and 2% have a graduate or professional degree.
Jobs and commute in Watkins
- Unemployment rate
- 4%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 5.1%
- Drive alone
- 80.1%
- Public transit
- 0%
- Walk to work
- 4.2%
- Homes with broadband
- 89%
Watkins vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Watkins | 765 | $64,896 | $149,100 | $808 |
| Kimball | 709 | $66,146 | $232,200 | $779 |
| Eden Valley | 1,002 | $67,917 | $161,300 | $922 |
| South Haven | 214 | $106,250 | $194,600 | — |
| Kingston | 206 | $100,357 | $221,900 | — |
| Cold Spring | 4,249 | $72,228 | $280,400 | $1,424 |
| Fairhaven | 255 | $89,659 | $255,600 | — |
| Richmond | 1,431 | $71,438 | $241,300 | $648 |
| Rockville | 2,452 | $105,329 | $365,800 | $815 |
More for people moving to Watkins
Watkins ZIP code ›Weather and climate ›Living in Watkins: FAQ
What is the median household income in Watkins, MN?
The median household income in Watkins is $64,896, 27% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Watkins?
The median home value in Watkins is $149,100, compared with $329,300 in Minnesota.
How much is rent in Watkins?
The median gross rent in Watkins is $808 per month, about 22.5% of household income.
Is Watkins, MN a good place to live?
Pluses: home values 55% lower than the state median; unemployment of 4%. Minuses: median household income 27% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 11.4%.
What is the median age in Watkins?
The median age in Watkins is 42.8 years (Minnesota: 38.8).
How long is the commute in Watkins?
The average commute to work in Watkins is 26 minutes; 5.1% of workers work from home.
What is the unemployment rate in Watkins?
The unemployment rate in Watkins is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Watkins?
8.5% of adults in Watkins 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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