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Watergate, Florida Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Watergate, Florida had a total population of 3,782, the 546th largest community in Florida, with a median household income of $67,071, which is 10% lower than the state average. The poverty rate is 21.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Watergate Quick Facts

Population 3,782
Median Household Income $67,071
Median Home Value $222,000
Poverty Rate 21.9%
Unemployment Rate 8.7%
Median Age 40.8 years
Homeownership Rate 60.8%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 13.9%
High School Graduation Rate 72.6%
Diversity Index 71/100
Population 3,782 546th of 955
Median Income $67,071 average
Poverty Rate 21.9% 76% higher than national
Median Home Value $222,000 bottom 30%

How Watergate Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,7093,782+2.0%
Median household income$72,641$67,071-7.7%
Median home value$214,200$222,000+3.6%

How Watergate Compares

Economy & Housing

Household Income Distribution

Under $25K 3.4%
$25K-$50K 15.7%
$50K-$100K 66.2%
$100K+ 14.7%
Detailed income brackets
Under $10K
1.3%
$10K-$15K
0.2%
$15K-$20K
1.9%
$20K-$25K
0.0%
$25K-$30K
3.9%
$30K-$35K
1.8%
$35K-$40K
3.0%
$40K-$45K
3.9%
$45K-$50K
3.1%
$50K-$60K
15.8%
$60K-$75K
16.2%
$75K-$100K
34.3%
$100K-$125K
8.7%
$125K-$150K
3.6%
$150K-$200K
1.2%
$200K+
1.3%

Employment

8.7% Unemployment Rate State: 4.8%|National: 5.2%
59.3% Labor Force Participation

Housing Overview

Owner 60.8%
Renter 39.2%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $2,076/mo 37.1% of median household income annually

People & Demographics

Diversity Index

71out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 65 | National average: 61

Education

Watergate Rankings in Florida

#546 Population of 955
#527 Median Income of 911
#781 Education of 955
#688 Home Value of 901

Other Cities in Palm Beach County

CityPopulationMedian IncomePovertyHome Value
West Palm Beach 122,290 $73,446 14.1% $414,200
Boca Raton 100,234 $106,273 10.0% $722,700
Boynton Beach 81,435 $70,074 13.7% $351,100
Delray Beach 67,979 $82,041 13.0% $420,300
Wellington 62,146 $115,632 7.8% $599,400
Jupiter 61,883 $110,240 9.5% $608,600
Palm Beach Gardens 60,959 $106,947 7.2% $606,100
Greenacres 44,373 $70,491 14.8% $291,000
Lake Worth Beach 43,365 $61,200 21.2% $401,200
The Acreage 40,843 $109,032 4.6% $524,800

Cities Similar to Watergate

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lely3,804$69,846$326,10035.1%7.8%
Umatilla3,854$71,077$227,60016.1%11.0%
Eagle Lake3,893$70,523$256,30018.5%9.5%
Cedar Grove3,802$74,625$176,10016.4%17.5%
Meadow Oaks3,705$61,506$232,10021.1%7.9%

Population Overview

Watergate is a small community located in Florida, within Palm Beach County. The total population is 3,782. It ranks as the 546th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Watergate is 40.8 years. This is 4% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Watergate is $67,071. This is 10% lower than the state median of $74,568. It is also 17% lower than the national median of $80,734. The poverty rate stands at 21.9%. This is 74% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.7%. This is 80% higher than the state rate of 4.8%. The median home value is $222,000. Housing costs are 38% lower than the state median of $359,000. The home-value-to-income ratio is 3.3x. 60.8% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 67.6%.

Race & Ethnicity

Watergate is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 33.7%.

Education

13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 72.6%.

Data Sources & Methodology

All demographic data for Watergate, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Watergate, Florida?

Watergate, Florida has a population of 3,782 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Watergate, FL?

The median household income in Watergate is $67,071, which is 17% lower than the national median of $80,734.

What is the poverty rate in Watergate, FL?

The poverty rate in Watergate is 21.9%. This means approximately 829 residents live below the federal poverty line.

What is the racial makeup of Watergate, Florida?

Watergate's population is 38.2% White, 14.2% Black, 33.7% Hispanic/Latino, and 2.4% Asian.

What is the median home value in Watergate, FL?

The median home value in Watergate is $222,000. The home-value-to-income ratio is 3.3x.

How educated is Watergate, Florida?

13.9% of adults (25+) in Watergate hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.