What percentage of people rent in Watertown, MA?
52.3% (±3.4 points) of the occupied homes in Watertown, MA are rented (2020–2024 American Community Survey).
That is 8,557 renting households against 7,814 that own their home.
Figures last updated on .
- Households that rent
- 52.3% (±3.4 points)
- Renting households
- 8,557 (±664)
- Median renter income
- $105,360 (±$15,512)
Who rents and who owns in Watertown
| Watertown | Middlesex County | Massachusetts | United States | |
|---|---|---|---|---|
| Renter-occupied share | 52.3% (±3.4 points) | 38.7% (±0.4 points) | 37.5% (±0.3 points) | 34.8% |
| Renting households | 8,557 (±664) | 245,322 (±2,507) | 1,043,884 (±6,942) | 45,017,354 |
| Owning households | 7,814 (±564) | 388,893 (±2,870) | 1,741,158 (±8,598) | 84,210,142 |
| Average renter household size | 2.0 (±0.1) | 2.2 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.1) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $105,360 (±$15,512) | $84,135 (±$1,906) | $60,987 (±$576) | $52,966 |
| Median owner household income | $144,712 (±$14,516) | $169,746 (±$1,660) | $135,402 (±$770) | $100,009 |
In Watertown, the renter share is higher than in Middlesex County (38.7%).
It is also higher than in Massachusetts (37.5%).
It is higher than the national figure (34.8%).
In Middlesex County, Watertown ranks 6 of 54 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 20 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Households that rent in places near Watertown
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Watertown | — | 52.3% (±3.4 points) | — |
| Belmont (community) | 1.8 mi | 35.3% (±2.9 points) | Lower |
| Belmont | 1.8 mi | 35.3% (±2.9 points) | Lower |
| Newton | 3.0 mi | 30.0% (±1.7 points) | Lower |
| Cambridge | 3.1 mi | 66.5% (±1.1 points) | Higher |
| Arlington (community) | 3.5 mi | 38.4% (±2.3 points) | Lower |
| Arlington | 3.5 mi | 38.4% (±2.3 points) | Lower |
| Waltham | 3.5 mi | 50.3% (±2.5 points) | Not measurably different |
| Brookline (community) | 3.6 mi | 53.1% (±2.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Belmont (community), MA (35.3%), Belmont, MA (35.3%), Newton, MA (30.0%).
Nearby places with a measurably higher figure: Cambridge, MA (66.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Middlesex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Cambridge | 66.5% (±1.1 points) |
| 2 | Somerville | 65.8% (±1.8 points) |
| 3 | Everett | 62.8% (±2.8 points) |
| 4 | Malden | 58.7% (±2.4 points) |
| 5 | Lowell | 56.8% (±2.1 points) |
| 6 | Watertown | 52.3% (±3.4 points) |
| 7 | Waltham | 50.3% (±2.5 points) |
| 8 | Medford | 45.9% (±2.4 points) |
| 9 | Framingham | 45.2% (±1.9 points) |
| 10 | Woburn | 44.3% (±2.7 points) |
| 11 | Marlborough | 44.0% (±3.4 points) |
| 12 | Lincoln | 42.7% (±8.8 points) |
Showing 12 of 54 places in Middlesex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Watertown
How many renters are there in Watertown?
Watertown has an estimated 8,557 (±664) renting households, 52.3% of its occupied homes (2020–2024 American Community Survey).
How big are renting households in Watertown?
A renting household in Watertown has 2.0 people on average, against 2.3 in an owned home.
How much do renters earn in Watertown?
The median renting household in Watertown, MA has an income of $105,360 (±$15,512) a year, against $144,712 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watertown city, Massachusetts
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Watertown city, Massachusetts
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 city, Massachusetts (place:73405, in state:25).
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.
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 .
Related
- Housing in Watertown at a glance
- Median rent in Watertown
- Rent by bedrooms in Watertown
- Rent burden in Watertown
- Income and affordability in Watertown
- Home values in Watertown
- Homeowner costs in Watertown
- Property taxes in Watertown
- Types of homes in Watertown
- Bedrooms in Watertown
- Age of homes in Watertown
- Vacancy rate in Watertown
- Heating fuel in Watertown
- Commute and cars in Watertown
- Crime reported to police in Watertown
- How long people stay in Watertown
- Crowding and facilities in Watertown
- Massachusetts landlord and tenant rules
- Housing across Middlesex County
- Massachusetts places ranked by share of renters
- Housing data for every place in Massachusetts