Watertown at a Glance
Population
4,712
Median Home Value
$285,400
Nat'l avg: $281,900
Median Rent
$885
Nat'l avg: $1,163
Median Income
$101,667
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Watertown
Dive deeper into Watertown with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Watertown ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Watertown
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Watertown
Young Professionals
Best neighborhoods for career starters in Watertown
Retiree Neighborhoods
Best neighborhoods for retirees in Watertown
Living In Guide
Complete guide to life in Watertown — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Watertown with detailed data
About Watertown
Watertown, Minnesota, offers a compelling blend of small-town charm and suburban convenience, making it an attractive locale for those seeking a balanced lifestyle. With a population just over 4,700, this community fosters a close-knit atmosphere where neighbors know each other. The median home value of $285,400 is notably lower than the national average, presenting a fantastic opportunity for prospective homeowners to enter the market. Coupled with a robust median household income of $101,667, significantly exceeding the national median, Watertown residents enjoy a comfortable standard of living. The overall vibe here is relaxed, with a focus on family, community, and the simple pleasures of life. From an investment perspective, Watertown's housing market is stable, with consistent demand and steady appreciation. The community's strong financial standing and high median income suggest a resilient local economy, making it a safe place to invest. Watertown is particularly well-suited for families and young professionals seeking an affordable, safe, and friendly environment. The area's low crime rates, combined with its proximity to Minneapolis-St. Paul, provide a desirable balance of tranquility and access to big-city amenities. Watertown offers a compelling proposition for those seeking a community that values both financial security and a high quality of life.