Watertown, MN Employment - Median Household Income, Unemployment Rate

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16%

Income/capita NAT. AVG.

73%

Household income NAT. AVG.

78%

Unemployment NAT. AVG.

Index	Watertown	Minnesota	National
Income per capita	$52,154	$49,588	$44,883
Median household income	$140,918	$92,370	$81,333
Median income owner occupied	$163,119	$117,544	$106,172
Median income renter occupied	$42,387	$52,026	$52,080
Median earnings male	$78,073	$60,747	$54,343
Median earnings female	$59,668	$42,223	$38,439
Unemployment rate	1.1%	3.6%	4.9%
Poverty level	3.3%	10.8%	15.1%

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Key findings

The income per capita in Watertown is 16% higher than the national average
The median household income in Watertown is 73% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Watertown is 78% 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

$93,935 $140,918 $281,836

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

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	606	$369,558	354.4%
Greenwood, MN	764	$273,109	235.8%
Independence, MN	3,869	$266,808	228.0%
Orono, MN	8,455	$249,971	207.3%
Victoria, MN	10,127	$244,453	200.6%
Watertown, MN	4,646	$140,918	73.3%

Cities with similar population

City	Population	Household Income	National Avg.
The Pinehills, MA	4,646	$162,369	99.6%
Warwick, QC	4,646	n/a
Saint-Étienne-des-Grès, QC	4,645	n/a
Fort Pierce South, FL	4,644	$61,037	25.0%
Oconto, WI	4,643	$74,436	8.5%
Watertown, MN	4,646	$140,918	73.3%

Source: The Watertown, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.