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Watertown, MN

City in Carver County, Minnesota.

Population

4,790

Land area

2.6sq mi

People per sq mi

1,824

ZIP codes

0

Watertown and its ZIP codes

Watertown at a glance

  • Watertown is about 25 times as dense as Minnesota as a whole.
  • By population, it ranks 158th among 914 cities and towns in Minnesota.
  • The median household income is $99,671, 12% above the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $337,200 and median rent is $927 a month.

Local data for Watertown, MN

Counts from official public data

Housing and community stats

Watertown, MN, American Community Survey 2020-2024

Full profile

Median household income

$99,671

Poverty rate

7.7%

Median home value

$337,200

Median rent

$927/mo

Homeownership

82.9%

Bachelor's or higher

22.5%

Median age

33.3

Average commute

26.2 min

Largest reported origins and ancestries: German Americans (1,644), Norwegian Americans (990), Swedish Americans (768).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Carver County. PPP loans are for Watertown.

Details

Unemployment rate

4.2%

Aug 2026, +0.7 pts in a year

Average annual pay

$76,442

40,641 jobs, 2025

Income per person

$96,114

BEA, 2024

Federal spending

$638M

FY 2026, $5,968 per person

Carver County economyFederal spending

How people get to work

Watertown, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone72.7%
  • Carpooled4.4%
  • Public transit0.1%
  • Walked3.8%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.6%
  • Worked from home18.4%

Average one-way commute: 26.2 minutes for people who do not work from home.

Environment and hazard risk

Watertown, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: strong wind

Storm events since 1996

594

Countywide, mostly hail

Flood insurance policies

88

0.2% of homes, county

July high / Jan low

83° / 4°F

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Watertown, MN, CDC PLACES estimates

All 40 measures

Obesity

35.2%

U.S. 33.3% +1.9 pts

Diabetes

8.9%

U.S. 12.1% -3.2 pts

Smoking

15.1%

U.S. 12.8% +2.3 pts

Uninsured (18-64)

6.8%

U.S. 11.1% -4.3 pts

Cities near Watertown

NameDistanceLand area (sq mi)
DelanoCity5.8 mi4.9
MinnetristaCity6 mi26.1
MayerCity6 mi1.4
St. BonifaciusCity6.2 mi1
MontroseCity7 mi3.1
Crown CollegeCensus-designated place7.4 mi0.3
IndependenceCity7.8 mi32.4
New GermanyCity8 mi1
WaconiaCity8.7 mi5.6
MoundCity8.9 mi2.9
Maple PlainCity9.4 mi1.1
WaverlyCity9.6 mi1.7
RockfordCity10 mi2.5
WinstedCity10 mi1.9
Spring ParkCity10 mi0.4
Lester PrairieCity11 mi1

Frequently asked questions

What county is Watertown, MN in?
Watertown is in Carver County, Minnesota.
What is the population of Watertown, MN?
About 4,790 people live in Watertown, based on American Community Survey 5-year estimates.
What cities are near Watertown?
Nearby places include Delano (5.8 mi), Minnetrista (6 mi), Mayer (6 mi), St. Bonifacius (6.2 mi), Montrose (7 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023