Watertown, MN
4,790Residents
$99,671Median household income
$927/moMedian gross rent
$337,200Median home value
33.3Median age
23%Adults with a bachelor’s degree or higher
83%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 11% of the median household income in Watertown.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Minnesota that leaves roughly $2,449 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.