Watertown

County:: Carver County
County Seat:: No
Area (mi²):: 2.626
State:: Minnesota

Watertown is a city located in Carver County, Minnesota. Watertown has a 2025 population of 4,863. Watertown is currently growing at a rate of 0.75% annually and its population has increased by 3.87% since the most recent census, which recorded a population of 4,682 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.

Demographics

The racial composition of Watertown includes 94.19% White, and smaller percentages for Asian, other race, Native American, Black or African American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Asian

Other race

Native American

Black or African American

Native Hawaiian or Pacific Islander

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%
Native Hawaiian or Pacific Islander	0	0%

Watertown Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

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%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$149,181	-
Families	$114,348	$119,079
Households	$93,008	$107,297
Non Families	$61,953	$70,668

$53,766

Average Income

$93,008

Median Household Income

10.12%

Poverty Rate