Watertown, MA
Maps & Population Facts
Population
34,553
Population Density
8,640
Labor Participaton
74.7%
Bachelor's or Higher
63.2%
Median Household Income
$93,171
Median Individual Income
$52,686
Median Individual Income(Full-time Workers Only)
$65,607
Housing Estimates
Median House Value
$480,500
Median Gross Rent
$1,719
Median Mortgage Payment
$2,450
Housing Units
16,046
People who reside in Watertown live in:
Detached - Single Family Homes
24%
Apt, Condo, Other
76%
Analysis
Income
Households in Watertown earn significantly more money than the national median income, averaging 54% higher per household.
Housing
Watertown has a median house price of $480,500. The cost of homeownership is significantly higher than most areas. The cost of renting in Watertown is 70% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 10% |
Demographics
The median age in Watertown is 39. The age of the general population in Watertown is comparable with with the national average.
Watertown ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Watertown | Massachusetts | USA | |
| Median Property Value | 480,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,450 | 2,108 | 1,513 |
| Median Gross Rent | 1,719 | 1,208 | 1,012 |
| Property Vacancy | 5.5% | 10.0% | 12.6% |
| % Renters | 48% | 38% | 36% |
| Residents per Sq. Mi. | 8,640 | 885 | 93 |
Personal Comparison
| Watertown | Massachusetts | USA | |
| Median Household Income | 93,171 | 77,385 | 60,336 |
| Median Individual Income | 52,686 | 41,700 | 33,646 |
| Median Income (Full-Time) | 65,607 | 60,923 | 46,881 |
| Median Age | 38.5 | 39.5 | 38.1 |
| Labor Participation | 74.7% | 67.8% | 62.8% |
| Attained College Degree | 63.2% | 43.4% | 32.0% |
Population Density Analysis
Watertown, MA
8,640
Residents per Sq. Mile
The population density of Watertown is comparable to that of a Mid-Sized City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +