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Watergate, Florida Demographics & Population 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

★
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%.

Key Takeaways

Watergate Quick Facts

Population 3,78290% MOE ±953
Median Household Income $67,07190% MOE ±$17,438
Median Home Value $222,00090% MOE ±$99,766
Poverty Rate 21.9%90% MOE ±10.9 pts
Unemployment Rate 8.7%90% MOE ±8.1 pts
Median Age 40.8 years90% MOE ±8.8 years
Homeownership Rate 60.8%90% MOE ±15.4 pts
Affordability Ratio 3.3x
Bachelor's Degree or Higher 13.9%90% MOE ±4.9 pts
Adults 25+ with high school education or higher 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 non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric2015–20192020–2024Change
Population3,2163,782No clear change (+17.6%)
Median household income$50,724$67,071No clear change (+32.2%)
Median home value¹$107,564$222,000+106.4%
Median gross rent$1,799$2,076No clear change (+15.4%)
¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

How Watergate Compares

Median Household Income

Watergate
$67,071
FL
$74,568
National
$80,734

Median Home Value

Watergate
$222,000
FL
$359,000
National
$332,700

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

Age Distribution

Under 18
16.8%
18-34
26.6%
35-54
21.1%
55-74
31.8%
75+
3.7%

Race & Ethnicity

  • White: 38.2%
  • Black: 14.2%
  • Hispanic: 33.7%
  • Asian: 2.4%
  • Other: 4.9%

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

Educational Attainment (Adults 25+)

  • < High School: 27.4%
  • HS Diploma: 41.1%
  • Some College: 12.3%
  • Associate's: 5.3%
  • Bachelor's: 7.3%
  • Graduate+: 6.5%

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.

Free data download: Get all Florida city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.