Living in Watertown, Wisconsin
Cost of living, income, home prices, rent and demographics of Watertown · Census data 2020–2024
Watertown has 22,774 residents with a median age of 40.6. The median household income is $70,107 (10% lower than the Wisconsin median), the median home value is $222,100, the median rent is $1,052/month.
Watertown at a glance
- Population
- 22,774
- Median age
- 40.6State: 40.2
- Median household income
- $70,107State: $77,485
- Median home value
- $222,100State: $266,500
- Median rent
- $1,052/moState: $1,087
- Homeowners
- 62%
- Bachelor's degree or higher
- 18.2%
- Average commute
- 25 min
Is Watertown a good place to live?
Pros: Home values 17% lower than the state median; a poverty rate of 9.9%.
Cons: Median household income 10% lower than the Wisconsin median; an average commute of 25 minutes; unemployment of 5.3%.
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 $222,100, 33% lower than the U.S. median. Renters pay a median of $1,052 per month, which is 25.6% of household income. Homeowners with a mortgage pay $1,511 a month in housing costs.
Watertown median household income
The median household income in Watertown is $70,107 and the income per person is $32,897. 9.9% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Watertown: homes for sale and rent
- Housing units
- 9,478
- Owner-occupied
- 62%
- Renter-occupied
- 38%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.40
Watertown demographics
- Population
- 22,774
- Median age
- 40.6
- Under 18
- 22%
- 65 and older
- 19.6%
- Households
- 9,182
- Foreign-born
- 3%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Watertown ›
Education in Watertown
18.2% of adults 25 and older in Watertown have a bachelor's degree or higher (Wisconsin: 33.4%), and 4.6% have a graduate or professional degree.
Jobs and commute in Watertown
- Unemployment rate
- 5.3%State: 3.2%
- Average commute
- 25 minState: 22 min
- Work from home
- 6.9%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 3.1%
- Homes with broadband
- 89.8%
Watertown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Watertown | 22,774 | $70,107 | $222,100 | $1,052 |
| Ixonia | 2,684 | $93,359 | $345,300 | $1,167 |
| Johnson Creek | 3,362 | $100,685 | $314,200 | $1,231 |
| Clyman | 354 | $71,250 | $178,300 | $929 |
| Reeseville | 895 | $71,932 | $167,000 | $956 |
| Lowell | 312 | $67,321 | $182,800 | $688 |
| Ashippun | 919 | $102,188 | $349,300 | $1,211 |
| Lake Mills | 6,470 | $91,027 | $317,100 | $1,209 |
| Hustisford | 1,008 | $72,083 | $217,500 | $883 |
More for people moving to Watertown
Watertown ZIP code ›Weather and climate ›Living in Watertown: FAQ
What is the median household income in Watertown, WI?
The median household income in Watertown is $70,107, 10% lower than the Wisconsin median of $77,485 (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 $222,100, compared with $266,500 in Wisconsin.
How much is rent in Watertown?
The median gross rent in Watertown is $1,052 per month, about 25.6% of household income.
Is Watertown, WI a good place to live?
Pluses: home values 17% lower than the state median; a poverty rate of 9.9%. Minuses: median household income 10% lower than the Wisconsin median; an average commute of 25 minutes; unemployment of 5.3%.
What is the median age in Watertown?
The median age in Watertown is 40.6 years (Wisconsin: 40.2).
How long is the commute in Watertown?
The average commute to work in Watertown is 25 minutes; 6.9% of workers work from home.
What is the unemployment rate in Watertown?
The unemployment rate in Watertown is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Watertown?
18.2% 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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