Watertown is a city located in Carver County Minnesota. With a 2020 population of 4,629, it is the 158th largest city in Minnesota and the 4977th largest city in the United States . Watertown is currently growing at a rate of 1.09% annually and its population has increased by 10.08% since the most recent census, which recorded a population of 4,205 in 2010. Watertown reached it's highest population of 4,629 in 2021. Spanning over 3 miles, Watertown has a population density of 1,763 people per square mile.
The average household income in Watertown is $86,690 with a poverty rate of 6.08%. The median rental costs in recent years comes to $694 per month, and the median house value is $208,300. The median age in Watertown is 36.5 years, 35.7 years for males, and 38.3 years for females.