Cost of Living in Watertown, WI
Population 22,774 · Census ACS 2020–2024 5-year estimates
The median rent in Watertown, WI is $1,052/month, 3% lower than the Wisconsin median and 26% lower than the U.S. median. The median home value is $222,100, 33% lower than the national median. Households earn a median of $70,107 a year, 10% lower than the state median.
Affordability
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Watertown vs. Wisconsin vs. U.S.
| Watertown | Wisconsin | U.S. | |
|---|---|---|---|
| Median rent | $1,052 | $1,087 | $1,413 |
| Median home value | $222,100 | $266,500 | $332,700 |
| Median household income | $70,107 | $77,485 | $80,734 |
| Homeownership rate | 62.0% | 67.8% | 65.2% |
| Bachelor's degree or higher | 18.2% | 33.4% | 35.7% |
| Poverty rate | 9.9% | 10.6% | 12.5% |
| Unemployment rate | 5.3% | 3.2% | 5.2% |
| Work from home | 6.9% | 13.1% | 15.1% |
| Median age | 40.6 | 40.2 | 38.9 |
FAQ
What is the average rent in Watertown, WI?
The median gross rent in Watertown, WI is $1,052 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Watertown, WI?
Using the common 30% rule, renting a median-priced home takes about $42,080 a year in gross income.
Is Watertown, WI expensive to live in?
Rent there is 26% lower than the U.S. median, and the median home costs about 3.2 times the median household income.
Other cities in Wisconsin
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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