Cost of Living in Watertown Town, MA
Population: 35,270 • 2026 Data
$123,422
Median Household Income
+59% vs national
$2,357
Median Monthly Rent
+75% vs national
$737,600
Median Home Value
+118% vs national
5.5%
Unemployment Rate
Housing in Watertown Town
The median home value in Watertown Town, MA is $737,600. Monthly rent for a typical unit averages $2,357, while total monthly housing costs (including utilities and insurance) average $2,420.
Rent-to-income ratio: 22.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Watertown Town, MA is $123,422. The unemployment rate stands at 5.5%, with a labor force of 22,300 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.