CitytisticsShortlist

Cost of living, pay and housing

42.37° N · 71.18° W · GEOID 2573405

Watertown

Suffolk County, Massachusetts · part of the Boston, MA metro

MassachusettsWatertown, MAWatertownWatertown

The short answer

Watertown is home to 35,543 people. Median household income is $126,265 a year and median rent is $2,502 a month, 23.8% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $784,600, about 6.2x annual median household income.

Watertown's schools stand out on one measure. Public schools here have 10.4 students per teacher, fewer than in 98% of places its size. Also notable: Half the homes were built before 1947, older housing than in 97% of places its size.

58OF 100

CTXCitytistics Index

Above average

Watertown scores better than 58% of the 6,612 places we rate, and ranks 56th of 121 in Massachusetts.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%19
Economy 20%63
Safety 20%49
Amenities 15%73
Education 10%93
Commute 10%35
Growth 5%n/a

Not rated: growth, for want of data. The other weights are spread over the categories rated.

Median gross rent
$2,502
83% above the median place
Median household income
$126,265
57% above the median place
Median home value
$784,600
146% above the median place
Unemployment
5.3%
9% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Watertown

  • Work and commuting29% of workers mostly work from home, more than in 92% of the 987 places of 25,000 to 50,000 people we track.
01

Moving to Watertown

Suffolk County loses about 22.4 residents per 1,000 a year to moves between counties.

Moved in44,916
Moved out57,015
Net−12,099

Where people come from and where they go, top counties

Middlesex County, MA9,40513,242−3,837
Norfolk County, MA5,5129,272−3,760
Essex County, MA2,7364,352−1,616
Plymouth County, MA1,5922,958−1,366
Worcester County, MA1,1251,438−313
Bristol County, MA8211,444−623
New York County, NY8441,361−517
Providence County, RI6181,016−398

Within Massachusetts, other states or abroad

Arrivals
Leavers
Within MassachusettsOther statesAbroad

Income per tax return

Arrivals$94K
Leavers$127K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Suffolk County; flows under 20 returns are not published.

Who moves here
7.5% of residents arrived from another county in the past year, 2.6% from another state.
Who arrives and who leaves
Households moving into Suffolk County report $94,200 a year in income on average; those leaving, $127,200, so leavers earn more than newcomers.
Income you would need
$100,100 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $2,502 a month; owners with a mortgage pay $3,204 a month including taxes and insurance, on a median home of $784,600.
Getting to work
28 minutes each way on average; 29.1% work from home; 6.6% take transit.
If it is close but not quite
Greenwich, CT matches it on character for less of your income. Compare the two
Moved here in the past year1
7.5%
31% above the median place
Moved from another state1
2.6%
32% above the median place
Net movers per 1,000 people7
-22.4
below the median place (median -0.6)
All 5 moving measures
MeasureWatertownAmong 6,645 placesVs median
Moved here in the past year17.5%31% above
Moved from another state12.6%32% above
Net movers per 1,000 people7County figure-22.4below (median -0.6)
Income of households moving in7County figure$94,16233% above
Income of households moving out7County figure$127,17681% above
02

What it costs to live here

Rent is about 22% higher than we would expect for a place with these incomes, education levels, housing age and household types in the same metro area. The premium usually reflects location, amenities or schools that these figures do not capture.

Watertown23.8%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$100,080
a year, at the 30% line
Rent to income
23.8%
17% above the median place
Home price to income
6.2x
63% above the median place

Could you afford it?

The median rent would take
24%
comfortably under the 30% line
Left after rent, in US prices
$95,900
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Watertown, $2,502 a month, and local prices for everything else (100.0 against a US average of 100). It runs in your browser and stores nothing.

Like Watertown, but easier on the budget

Places that match Watertown on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Greenwich, CT8518.5% vs 23.8%$16,100Compare
Burlingame, CA8019.2% vs 23.8%$45,200Compare
West Hartford, CT7716.2% vs 23.8%$11,300Compare
Rutherford, NJ7716.5% vs 23.8%$17,500Compare

Moving from somewhere else? Work out the salary you would need in Watertown.

Sponsored · exampleMoving to Watertown? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Median year built1
1947
2% below the median place
Median home value1
$784,600
146% above the median place
Homeownership1
47.7%
28% below the median place
All 15 cost and housing measures
MeasureWatertownAmong 6,645 placesVs median
Median gross rent1$2,50283% above
Rent to income123.8%17% above
Property tax rate10.9%4% below
Home price to income16.2x63% above
Prices vs US average2Metro figure108.37% above
Fair market rent, 2 bedrooms3County figure$3,00886% above
Property tax paid (median)1$6,799108% above
Median home value1$784,600146% above
Home prices, 1-year change4County figure3.4%7% above
Home prices, 5-year change4County figure34.8%32% below
Homeownership147.7%28% below
Renters paying 30%+142.7%16% below
Owner costs with a mortgage1$3,20471% above
Vacant homes14.8%31% below
Median year built119472% below
03

Work and pay

OpenStreetMap shows 22.8 bus and rail stops per square mile, more than in 93% of the 987 places of 25,000 to 50,000 people we track.

Works from home1
29.1%
133% above the median place
Income per person1
$73,851
84% above the median place
Commutes by transit1
6.6%
above the median place (median 0.8%)

More on work and pay, against the typical place

Median household income$126,265 +57%
Poverty rate7.5% −30%
Mean commute28 min +11%
Unemployment5.3% +9%
All 10 work and pay measures
MeasureWatertownAmong 6,645 placesVs median
Median household income1$126,26557% above
Income per person1$73,85184% above
Unemployment15.3%9% above
Average annual pay5County figure$138,226110% above
Pay growth, 1 year5County figure5.3%43% above
Jobs5County figure712,462373% above
Poverty rate17.5%30% below
Mean commute128 min11% above
Works from home129.1%133% above
Commutes by transit16.6%above (median 0.8%)
04

Who lives here

No health insurance is 1.3%, 80% below the median place.

No health insurance1
1.3%
80% below the median place
Bachelor's or higher1
66.5%
108% above the median place
Household size1
2.1
14% below the median place

More about who lives here, against the typical place

Born abroad25.7% 2.9×
Homes with broadband95.1% +3%
High school or higher95.1% +3%
Median age39.4 +1%
All 9 people measures
MeasureWatertownAmong 6,645 placesVs median
Population135,5431280th largest
Population change since 202061.1%4% below
Median age139.41% above
Bachelor's or higher166.5%108% above
High school or higher195.1%3% above
Household size12.114% below
Born abroad125.7%191% above
No health insurance11.3%80% below
Homes with broadband195.1%3% above
05

Life in Watertown

15 National Park Service sites lie within 60 miles, more than in 87% of the 987 places of 25,000 to 50,000 people we track.

Founded or incorporated in 1630. 10 sites are on the National Register of Historic Places, 59 of them National Historic Landmarks. Its history on Wikipedia

  • Commanding Officer's Quarters, Watertown Arsenal listed 1976
  • Fowle, Edmund, House listed 1977
  • Pratt, Miles, House listed 1985
  • Browne, Abraham, House listed 1990
  • Town Diner listed 1999
  • Watertown Arsenal Historic District listed 1999

Out the door, against the typical place

Parks per 10k residents14.9 +47%
Playgrounds per 10k14.1 +50%
Grocery stores per 10k2.8 +33%
Restaurants, cafes and bars per 10k18.6 +67%
Libraries per 10k1.4 +62%
Named paths and bike trails15 km 7.5×
Bus and rail stops per sq mi22.8 108.4×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Longfellow House–Washington's Headquarters National Historic Site 3 miles
  • John Fitzgerald Kennedy National Historic Site 3 miles
  • Frederick Law Olmsted National Historic Site 4 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars34.0 +63%
Shops29.3 −3%
Arts, recreation and fitness5.0 +22%
Doctors' offices and clinics13.2 −35%
Child care centers3.5 +52%

Counts businesses with paid staff, so small owner-run shops are not included.

Nearest National Park Service site10
2.6
92% below the median place
Students per teacher13
10.4
32% below the median place
Public schools13
5
44% below the median place
All 18 schools and local life measures
MeasureWatertownAmong 6,645 placesVs median
Public schools13544% below
Public school students132,84442% below
Students per teacher1310.432% below
Restaurants and bars per 10k8County figure34.063% above
Shops per 10k8County figure29.33% below
Arts, recreation and fitness per 10k8County figure5.022% above
Doctors' offices and clinics per 10k8County figure13.235% below
Child care centers per 10k8County figure3.552% above
Parks per 10k914.947% above
Playgrounds per 10k914.150% above
Grocery stores per 10k92.833% above
Restaurants, cafes and bars per 10k918.667% above
Libraries per 10k91.462% above
Named paths and bike trails914.9above (median 2.0)
Transit stops per sq mi922.8above (median 0.2)
Nearest National Park Service site102.692% below
National Park Service sites within 60 miles1015above (median 2)
National Register listings111023% below
06

Safety, weather and risk

Violent crime per 100k is 137, 29% below the median place.

Violent crime per 100k
137
29% below the median place
Property crime per 100k
1,600
32% above the median place
Months reported
12 of 12
by the city police department to the FBI

Counts only offenses reported by the city police department. Sheriff, state and campus police are not included, and some departments do not report to the FBI at all, so compare with care.

Wildfire risk15
9.0
85% below the median place
Median air quality index16
37
14% below the median place
Hurricane risk15
93.7
33% above the median place
All 11 weather and risk measures
MeasureWatertownAmong 6,645 placesVs median
July average high14County figure83°F4% below
January average low14County figure20°F20% below
Average temperature14County figure51°F8% below
Annual precipitation14County figure48.3 in10% above
Natural hazard risk15County figure93.51% above
Hurricane risk15County figure93.733% above
Tornado risk15County figure75.37% below
Wildfire risk15County figure9.085% below
Heat wave risk15County figure97.58% above
Median air quality index16County figure3714% below
Good air days16County figure76.4%12% above
08

Places like Watertown

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Pine Brook, NJ$2,366$126,488Compare
Edgewater, NJ$2,579$124,050Compare
Rockville, MD$2,274$128,649Compare
Medford, MA$2,509$129,540Compare
Medford, MARockville, MDEdgewater, NJPine Brook, NJWatertown, MAWatertownPine BrookRockvilleMedfordWatertownPine BrookRockvilleMedford

Places built like Watertown

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Watertown performs against places like it.

PlaceRent to incomeIncome growthPop. change
Watertown, MA23.8%n/a1.1%
Medford, MA23.2%6.1%/yr0.1%Compare
Arlington, MA16.6%6.8%/yrn/aCompare
Brookline, MA23.9%3.9%/yrn/aCompare
Waltham, MA22.6%4.6%/yr-0.3%Compare
Portland, ME23.8%5.6%/yr2.2%Compare
Greenwich, CT18.5%4.3%/yrn/aCompare

Common questions

Is Watertown a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 58 out of 100, better than 58% of the places we rate and 56th of 121 in Massachusetts. 29% of workers mostly work from home, more than in 92% of the 987 places of 25,000 to 50,000 people we track. On cost, space and class size it scores 25 out of 100 for families. See how it ranks with your own weights.

Is Watertown expensive to live in?

The median rent takes 23.8% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $784,600.

What salary do you need to live in Watertown?

To rent the median home without spending more than 30% of income on rent, a household needs about $100,080 a year. Work it out from your current city.

Is Watertown safe?

There were 137 reported violent crimes per 100,000 residents, against 192 in the typical place.

What places are similar to Watertown?

On income, rent, home value, education and age, the closest matches are Pine Brook, NJ, Edgewater, NJ, Rockville, MD and Medford, MA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Watertown with places of a similar size, using only figures measured for Watertown itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/watertown-massachusetts

Citytistics. “Watertown, Massachusetts.” Data as of 2026-11-14. https://www.citytistics.com/city/watertown-massachusetts/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.