What percentage of people rent in Watertown, CT?

16.1% (±4.0 points) of the occupied homes in Watertown, CT are rented (2020–2024 American Community Survey).

That is 1,409 renting households against 7,363 that own their home.

In Watertown, the share of households that rent went from 20.9% in 2015–2019 to 16.1% in 2020–2024 (−4.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
16.1% (±4.0 points)
Renting households
1,409 (±362)
Median renter income
$39,865 (±$8,194)

Who rents and who owns in Watertown

Tenure, estimate (90% margin of error)
WatertownNaugatuck Valley Planning RegionConnecticutUnited States
Renter-occupied share16.1% (±4.0 points)31.4% (±1.0 points)33.5% (±0.3 points)34.8%
Renting households1,409 (±362)56,640 (±1,856)481,018 (±4,678)45,017,354
Owning households7,363 (±512)123,476 (±2,007)952,989 (±5,585)84,210,142
Average renter household size1.8 (±0.3)2.2 (±0.0)2.1 (±0.0)2.3
Average owner household size2.6 (±0.2)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$39,865 (±$8,194)$45,215 (±$1,823)$52,072 (±$906)$52,966
Median owner household income$118,917 (±$22,083)$111,246 (±$2,132)$125,125 (±$969)$100,009

In Watertown, the renter share is lower than in Naugatuck Valley Planning Region (31.4%).

It is also lower than in Connecticut (33.5%).

It is lower than the national figure (34.8%).

In Naugatuck Valley Planning Region, Watertown ranks 12 of 19 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 100 of 169.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Watertown has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.9% (±3.7 points)16.1% (±4.0 points)−4.8 percentage pointsNot a measurable change
Median gross rent$1,072 (±$70)$1,275 (±$227)+18.9%No measurable change after inflation
Median household income$79,576 (±$11,093)$101,691 (±$6,987)+27.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Watertown

Nearest places with a published estimate, compared with Watertown
PlaceDistanceHouseholds that rentCompared with this place
Watertown—16.1% (±4.0 points)—
Thomaston3.4 mi22.3% (±6.4 points)Not measurably different
Thomaston (community)4.4 mi43.4% (±13.2 points)Higher
Bethlehem Village4.9 mi29.8% (±10.8 points)Higher
Bethlehem5.2 mi29.8% (±11.2 points)Higher
Plymouth5.7 mi23.3% (±4.8 points)Higher
Waterbury5.7 mi52.8% (±2.2 points)Higher
Woodbury6.1 mi22.1% (±5.3 points)Not measurably different
Middlebury6.4 mi12.2% (±8.6 points)Not measurably different

Nearby places with a measurably higher figure: Thomaston (community), CT (43.4%), Bethlehem Village, CT (29.8%), Bethlehem, CT (29.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Naugatuck Valley Planning Region, place by place

RankPlaceHouseholds that rent
6Bethlehem29.8% (±11.2 points)
7Seymour25.8% (±5.6 points)
8Shelton23.5% (±2.7 points)
9Plymouth23.3% (±4.8 points)
10Thomaston22.3% (±6.4 points)
11Woodbury22.1% (±5.3 points)
12Watertown16.1% (±4.0 points)
13Beacon Falls14.5% (±6.6 points)
14Cheshire13.4% (±2.8 points)
15Middlebury12.2% (±8.6 points)
16Southbury11.8% (±2.7 points)
17Wolcott11.6% (±4.2 points)
18Oxford9.6% (±3.6 points)

Showing 13 of 19 places in Naugatuck Valley Planning Region, ranked from highest to lowest.

The figures for Watertown include the places inside it that have pages of their own: Oakville, Watertown (community).

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Watertown

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Questions about Watertown

How many renters are there in Watertown?

Watertown has an estimated 1,409 (±362) renting households, 16.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Watertown?

In Watertown, the share of households that rent went from 20.9% in 2015–2019 to 16.1% in 2020–2024 (−4.8 percentage points), not a measurable change.

How big are renting households in Watertown?

A renting household in Watertown has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Watertown?

The median renting household in Watertown, CT has an income of $39,865 (±$8,194) a year, against $118,917 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Watertown town, Naugatuck Valley Planning Region, Connecticut (county subdivision:80490, in state:09 county:140).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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