Watertown, MN Employment - Median Household Income, Unemployment Rate

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17%

Income/capita NAT. AVG.

72%

Household income NAT. AVG.

77%

Unemployment NAT. AVG.

Index	Watertown	Minnesota	National
Income per capita	$34,756	$33,225	$29,829
Median household income	$94,922	$63,217	$55,322
Median income owner occupied	$108,185	$77,618	$70,586
Median income renter occupied	$28,750	$34,348	$35,192
Median earnings male	$52,086	$40,933	$36,919
Median earnings female	$41,176	$29,114	$26,250
Unemployment rate	1.1%	3.4%	4.7%
Poverty level	3.3%	10.8%	15.1%

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Key findings

The income per capita in Watertown is 17% higher than the national average
The median household income in Watertown is 72% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Watertown is 77% lower than the national average
The poverty level in Watertown is 78% lower than the national average

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am i middle class

$63,275 $94,922 $189,844

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Watertown median earnings by income bracket

Watertown employment by industry

Labour Type	Male	Female
Construction industry	24.4%	24.4%
Manufacturing sector	14.7%	14.7%
Financial & insurance services	5.1%	5.1%
Wholesale & retail services	13.3%	13.3%
Public administration	4.6%	4.6%
Transportation, warehousing & utilities	4.8%	4.8%
Education, health & social services	10.7%	10.7%
Other	21.9%	21.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Minnetonka Beach, MN	590	$250,001	351.9%
Greenwood, MN	742	$183,750	232.1%
Independence, MN	3,778	$180,357	226.0%
Orono, MN	8,217	$169,557	206.5%
Victoria, MN	9,787	$166,477	200.9%
Watertown, MN	4,473	$94,922	71.6%

Cities with similar population

City	Population	Household Income	National Avg.
South Greeley, WY	4,473	$46,548	15.9%
Viroqua, WI	4,472	$38,849	29.8%
Westover, WV	4,475	$51,304	7.3%
Sherman, IL	4,470	$123,232	122.8%
Surfside Beach, SC	4,470	$58,832	6.3%
Watertown, MN	4,473	$94,922	71.6%

Source: The Watertown, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).