Watertown is a city located in Carver County, Minnesota. Watertown has a 2026 population of 4,818. Watertown is currently growing at a rate of 0.46% annually and its population has increased by 2.84% since the most recent census, which recorded a population of 4,685 in 2020.
The median household income in Watertown is $99,671 with a poverty rate of 7.73%. The median age in Watertown is 33.3 years: 34.3 years for males, and 32.3 years for females. For every 100 females there are 98.4 males.
Data after 2023 is projected based on recent change
Overall: 33.3 years
Female: 32.3 years
Male: 34.3 years
There are 3,632 adults, (541 of whom are seniors) in Watertown.
Female: 2,414 (50.4%)
Male: 2,376 (49.6%)
The racial composition of Watertown includes 92.57% White, and smaller percentages for other race, Asian, Black or African American, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 4,434 | 92.57% |
| Two or more races | 294 | 6.14% |
| Other race | 40 | 0.84% |
| Asian | 16 | 0.33% |
| Black or African American | 3 | 0.06% |
| Native American | 3 | 0.06% |
Watertown 's average per capita income is $56,971. Household income levels show a median of $99,671. The poverty rate stands at 7.73%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $153,810 | - |
| Families | $117,388 | $128,410 |
| Households | $99,671 | $114,968 |
| Non Families | $73,636 | $69,384 |
Average Income
Median Household Income
Poverty Rate