Watertown is a city located in Carver County, Minnesota. Watertown has a 2025 population of 4,796 . Watertown is currently growing at a rate of 0.46% annually and its population has increased by 2.37% since the most recent census, which recorded a population of 4,685 in 2020.
The average household income in Watertown is $107,297 with a poverty rate of 10.12%. The median age in Watertown is 34.5 years: 35.1 years for males, and 33.4 years for females. For every 100 females there are 102.9 males.
Data after 2023 is projected based on recent change
The racial composition of Watertown includes 94.19% White, and smaller percentages for Asian, other race, Native American, Black or African American and multiracial populations.
White (94.19%)
Two or more races (5.03%)
Asian (0.4%)
Other race (0.27%)
Native American (0.06%)
Black or African American (0.04%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 4,471 | 94.19% |
| Two or more races | 239 | 5.03% |
| Asian | 19 | 0.4% |
| Other race | 13 | 0.27% |
| Native American | 3 | 0.06% |
| Black or African American | 2 | 0.04% |
Married
Widowed
Divorced
Separated
Never Married
Watertown's average per capita income is $53,766. Household income levels show a median of $93,008. The poverty rate stands at 10.12%.
Name | Median | Mean |
|---|---|---|
| Married Families | $149,181 | - |
| Families | $114,348 | $119,079 |
| Households | $93,008 | $107,297 |
| Non Families | $61,953 | $70,668 |
Average Income
Median Household Income
Poverty Rate