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The total population of Watertown is estimated to be 4,712 with 2,363 males (50.15%) and 2,349 females (49.85%). There are 14 less females than males in Watertown.
The median household income in Watertown was $102,855 in 2021, which marked an a decrease of 4,705(4.37%) from $107,560 in 2020. This income is 137.86% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Watertown sees its highest median household income among householders in the age group of 45 to 64 years old, at $142,225. Overall, the median household income for the city of Watertown stands at $102,855.
In Watertown, the median income for all workers aged 15 years and older, regardless of work hours, was $57,916 for males and $40,242 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,699 for males and $64,674 for females.
In Watertown, population is primarily represented by White households, reporting a median income of $104,612.
In 2022, the population of Watertown was 4,842, a 0.56% increase year-by-year from 2021. Previously, in 2021, Watertown's population was 4,815, an increase of 2.84% compared to a population of 4,682 in 2020.
The median age in Watertown, MN is 32.4, as per 2021 ACS 5-Year Estimates. Of the total population, 27.28% were under the age of 15, 20.35% aged 15 to 29, 45.59% aged 30 to 64, 6.33% aged 65 to 84, and 0.45% were 85 years of age and older.
Racial distribution of Watertown population: 96.72% are White, 0.04% are Black or African American, 0.28% are American Indian and Alaska Native and 2.96% are multiracial.