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Watertown, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Watertown, Wisconsin had a total population of 22,774, the 36th largest city in Wisconsin, with a median household income of $70,107, which is 10% lower than the state average. The poverty rate is 9.9%.

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

Watertown Quick Facts

Population 22,774
Median Household Income $70,107
Median Home Value $222,100
Poverty Rate 9.9%
Unemployment Rate 5.3%
Median Age 40.6 years
Homeownership Rate 62.0%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 18.2%
High School Graduation Rate 92.0%
Diversity Index 26/100
Population 22,774 36th of 808
Median Income $70,107 average
Poverty Rate 9.9% 20% lower than national
Median Home Value $222,100 above average

How Watertown 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
Population22,87322,774-0.4%
Median household income$68,333$70,107+2.6%
Median home value$211,500$222,100+5.0%

How Watertown Compares

Economy & Housing

Household Income Distribution

Under $25K 12.1%
$25K-$50K 22.2%
$50K-$100K 38.0%
$100K+ 27.7%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
1.7%
$15K-$20K
3.5%
$20K-$25K
2.4%
$25K-$30K
3.4%
$30K-$35K
5.3%
$35K-$40K
4.7%
$40K-$45K
2.8%
$45K-$50K
5.8%
$50K-$60K
8.5%
$60K-$75K
12.3%
$75K-$100K
17.2%
$100K-$125K
13.3%
$125K-$150K
6.6%
$150K-$200K
5.3%
$200K+
2.6%

Employment

5.3% Unemployment Rate State: 3.3%|National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 62.0%
Renter 38.0%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $1,052/mo 18.0% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 37 | National average: 61

Education

Watertown Rankings in Wisconsin

#36 Population of 808
#398 Median Income of 788
#479 Education of 808
#301 Home Value of 799

Other Cities in Dodge County

CityPopulationMedian IncomePovertyHome Value
Beaver Dam 16,565 $66,673 8.9% $201,900
Columbus 5,488 $75,427 6.9% $230,600
Mayville 5,228 $66,834 6.6% $193,000
Horicon 3,814 $53,465 14.1% $172,500
Lomira 2,675 $70,365 8.9% $235,400
Juneau 2,625 $77,708 13.2% $186,700
Fox Lake 1,780 $75,000 10.4% $174,900
Randolph 1,642 $58,571 6.9% $176,800
Theresa 1,378 $71,528 10.2% $172,800
Kekoskee 1,067 $96,944 5.7% $305,100

Cities Similar to Watertown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Milwaukee20,442$73,427$235,70029.9%13.1%
Middleton22,301$89,524$484,20061.7%7.6%
Howard21,087$85,477$315,70035.8%5.1%
De Pere25,301$84,869$280,60037.7%5.6%
Superior26,677$64,216$180,40029.1%13.3%

Population Overview

Watertown is a small city located in Wisconsin, within Dodge County. The total population is 22,774. It ranks as the 36th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Watertown is 40.6 years. This is about the same as the state median of 40.2 years.

Economy, Income & Housing

The median household income in Watertown is $70,107. This is 10% lower than the state median of $77,485. It is also 13% lower than the national median of $80,734. The poverty rate stands at 9.9%. This is 6% lower than the state poverty rate of 10.5%. The unemployment rate is 5.3%. This is 62% higher than the state rate of 3.3%. The median home value is $222,100. Housing costs are 17% lower than the state median of $266,500. The home-value-to-income ratio is 3.2x. 62.0% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.8%.

Race & Ethnicity

Watertown has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Hispanic or Latino residents account for 9.4%. The Black or African American population (0.4%) is well below the state average of 5.9%. The Asian population (0.2%) is well below the state average of 2.9%.

Education

18.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%.

Data Sources & Methodology

All demographic data for Watertown, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. 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 Wisconsin city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Watertown, Wisconsin?

Watertown, Wisconsin has a population of 22,774 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Watertown, WI?

The median household income in Watertown is $70,107, which is 13% lower than the national median of $80,734.

What is the poverty rate in Watertown, WI?

The poverty rate in Watertown is 9.9%. This means approximately 2,183 residents live below the federal poverty line.

What is the racial makeup of Watertown, Wisconsin?

Watertown's population is 85.4% White, 0.4% Black, 9.4% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Watertown, WI?

The median home value in Watertown is $222,100. The home-value-to-income ratio is 3.2x.

How educated is Watertown, Wisconsin?

18.2% of adults (25+) in Watertown hold a bachelor's degree or higher, and 4.7% hold a graduate or professional degree.