Watertown, Minnesota Population 2024

5,002

Watertown is a city located in Carver County Minnesota. Watertown has a 2024 population of 5,002. Watertown is currently growing at a rate of 1.63% annually and its population has increased by 6.83% since the most recent census, which recorded a population of 4,682 in 2020.

The average household income in Watertown is $112,685 with a poverty rate of 7.29%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Watertown is 35.4 years, 36.1 years for males, and 34.7 years for females.

Watertown Demographics

According to the most recent ACS, the racial composition of Watertown was:

  • White: 97.07%
  • Two or more races: 2.63%
  • Asian: 0.23%
  • Black or African American: 0.06%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
2.6 sq mi
Density (mi²)
1,904.90/sq mi
Growth Since 2020
6.83% (320)
The current population of Watertown, Minnesota is 5,002 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 4,682.

Watertown, Minnesota Population 2024

Population by Race

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Race
Population
Percentage (of total)
White4,57497.07%
Two or more races1242.63%
Asian110.23%
Black or African American30.06%
Native American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Asian

Black or African American

Native American

Native Hawaiian or Pacific Islander

Other race

Watertown Population by Race

Watertown Population Pyramid 2024

Watertown Median Age

35.4

Total

36.1

Male

34.7

Female

Watertown Adults

There are 3,536 adults, (386 of whom are seniors) in Watertown.

Watertown Age Dependency

49.6

Age Dependency Ratio

12.3

Old Age Dependency Ratio

37.3

Child Dependency Ratio

Watertown Sex Ratio

Female2,34949.85%
Male2,36350.15%

Watertown Population by Age

Watertown Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,7482.6682.817.2
Married1,0352.81000
Non Family4281.451.448.6
Female1512.975743
Male1345.2879.920.1

2.91

Average Family Size

2.66

Average Household Size

82.8%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Watertown Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Watertown Educational Attainment by Sex (over 25)

Watertown Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among 2+ races people with a rate of 100%.

The highest rate of bachelors degrees is among hispanic people with a rate of 100%.

Watertown Educational Attainment by Race

All

Male

Female

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$61,726

Average Earnings

$68,807

Average Male

$48,964

Average Female

Watertown Earnings by Educational Attainment

Watertown Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Watertown Language

99.21% of Watertown residents speak only English, while 0.79% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 0.79% of the population.

Watertown Language

Watertown Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White4,5283407.51%

7.29%

Overall Poverty Rate

3.3%

Male Poverty Rate

11.38%

Female Poverty Rate

Poverty in Watertown

The race most likely to be in poverty in Watertown is White, with 7.51% below the poverty level.

The race least likely to be in poverty in Watertown is White, with 7.51% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.85%. Among those working part-time, it was 18.46%, and for those that did not work, the poverty rate was 1.65%.

Watertown Poverty

rate

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Rate
Poverty
Less Than 9th Grade34.31%
High School5.48%
Some College1.3%
Bachelors or Greater0%

Watertown Poverty Rate by Education

rate

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Rate
Poverty
Male Employed4.09%
Male Unemployed0%
Female Employed6.17%
Female Unemployed0%

Watertown Poverty Rate by Employment Status and Sex

Watertown Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Watertown Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

58.0%

Overall Marriage Rate

63.6%

Male Marriage Rate

52.3%

Female Marriage Rate

Watertown Married by Age and Sex

male

female

Watertown Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.

Watertown Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Watertown Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

182

Number of Veterans

167

Male Veterans

15

Female Veterans

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Watertown Veterans by War

count

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Watertown Veterans by Age

count

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Watertown Veterans by Race

Watertown Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

0%

Veteran Disability Rate

Watertown Veterans by Education

LaborForceParticipation

79.1%

Labor Force Participation

79.1%

Employment Rate

0%

Unemployment Rate

Watertown Employment by Age

LaborForceParticipation

Watertown Employment by Race

LaborForceParticipation

Watertown Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

82.17%

Born in Watertown

98.43%

Native Born

1.57%

Foreign Born

0%

Non Citizen

1.57%

Naturalized

Place of Birth

98.43% of Watertown residents were born in the United States, with 82.17% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Watertown Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20295,402801.5%
20285,322801.53%
20275,242801.55%
20265,162801.57%
20255,082801.6%
20245,002801.63%
20234,922801.65%
20224,842270.56%
20214,8151332.84%
20204,6821463.22%
20194,536491.09%
20184,487992.26%
20174,388491.13%
20164,339190.44%
20154,320150.35%
20144,305130.3%
20134,292260.61%
20124,266-9-0.21%
20114,275511.21%
20104,22400%
20003,029-2,373-43.93%

Watertown Population by Year