Housing data for Watertown Township, MN
Watertown Township, MN has an estimated 988 residents and 406 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Carver County.
3.9% of households rent.
The median gross rent is $1,344 a month.
Its population shrank measurably since 2015–2019 (−33.2%).
Figures last updated on .
- Residents
- 988 (±201)
- Housing units
- 406 (±78)
- Households that rent
- 3.9%
- Median gross rent
- $1,344
- Residents since 2015–2019
- −33.2%
What stands out in Watertown Township
Homes built before 1980: 54.4% (±12.2 points) in Watertown Township, higher than in Carver County (24.8%).
Households that rent: 3.9% (±3.8 points) in Watertown Township, lower than in Carver County (18.5%).
Homes in buildings of 5 or more units: 0.0% (±9.4 points) in Watertown Township, lower than in Carver County (10.7%).
Households that moved in since 2020: 14.4% (±6.1 points) in Watertown Township, lower than in Carver County (22.3%).
- Age of homes in Watertown Township
- Types of homes in Watertown Township
- How long people stay in Watertown Township
Housing in Watertown Township at a glance
- Median rent: $1,344 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 26.7% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 3.9% of households rent (Small sample: wide margin of error)
- Income and affordability: $107,500 median household income
- Home values: $484,900 median home value
- Homeowner costs: $2,506 median monthly cost with a mortgage
- Property taxes: $4,129 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 87.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 54.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 71.7% heat with propane
- Commute and cars: 28.1 minutes average trip to work
- Growth: −33.2% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 14.4% moved in since 2020
- Crowding and facilities: 2.6% of homes have more than 1 person per room (Small sample: wide margin of error)
Watertown Township against Carver County, its state and the nation
| Watertown Township | Carver County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 988 (±201) | 110,041 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 406 (±78) | 42,270 (±81) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 3.9% (±3.8 points) | 18.5% (±1.4 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $1,344 (±$399) | $1,514 (±$76) | $1,280 (±$7) | $1,413 |
| Median household income | $107,500 (±$13,640) | $125,946 (±$3,700) | $89,062 (±$409) | $80,734 |
| Median home value | $484,900 (±$51,749) | $453,600 (±$7,396) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $4,129 (±$412) | $4,501 (±$86) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 54.4% (±12.2 points) | 24.8% (±1.6 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 28.1 minutes (±4.1) | 25.6 minutes (±1.2) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.1% (±5.2 points) | 94.7% (±0.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 42.9 years (±10.4) | 39.0 years (±0.3) | 38.8 years (±0.1) | 38.9 years |
Watertown Township covers 30.5 square miles of land, about 32 residents per square mile (Census Bureau Gazetteer).
How Watertown Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,480 (±272) | 988 (±201) | −33.2% | Measurable decrease |
| Housing units | 565 (±79) | 406 (±78) | −28.1% | Measurable decrease |
| Median gross rent | $936 (±$227) | $1,344 (±$399) | +43.6% | No measurable change after inflation |
| Median home value | $351,300 (±$20,157) | $484,900 (±$51,749) | +38.0% | No measurable change after inflation |
| Median household income | $88,958 (±$10,744) | $107,500 (±$13,640) | +20.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,240 (±$211) | $2,506 (±$266) | +11.9% | No measurable change after inflation |
| Median real estate taxes | $3,506 (±$152) | $4,129 (±$412) | +17.8% | No measurable change after inflation |
| Households that rent | 14.4% (±6.0 points) | 3.9% (±3.8 points) | −10.5 percentage points | Measurable decrease |
| Rental vacancy rate | 13.5% (±16.7 points) | 0.0% (±63.7 points) | −13.5 percentage points | Not a measurable change |
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.
Crime reported to police in Carver County
Watertown Township has no police department of its own in the FBI’s figures, so this is the figure for Carver County as a whole.
In 2025, the police departments that report for Carver County recorded 65 violent and 428 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Watertown Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 55388 | 56% | 5,893 | $953 | $356,900 | $99,375 |
| 55360 | 12% | 3,341 | $1,618 | $354,600 | $122,117 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Watertown Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Watertown | 2.7 mi | $927 | $337,200 | 17.1% |
| St. Bonifacius | 3.7 mi | $1,270 | $355,800 | 10.7% |
| Waconia Township | 4.6 mi | — | $622,900 | 8.8% |
| Mayer | 4.6 mi | $1,563 | $342,700 | 4.5% |
| Minnetrista | 5.2 mi | $3,500 or more | $658,300 | 2.2% |
| Waconia | 6.0 mi | $1,330 | $431,000 | 19.7% |
| Hollywood Township | 6.3 mi | $1,260 | $453,900 | 12.4% |
| Laketown Township | 6.7 mi | $1,109 | $500,900 | 3.1% |
Places in Minnesota most like Watertown Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Wakefield Township | $1,281 | $394,700 | $108,333 | 2.9% |
| Camden Township | $1,396 | $456,400 | $120,417 | 5.4% |
| Sand Creek Township | $1,325 | $521,500 | $101,023 | 9.3% |
| Waterville Township | $1,188 | $364,000 | $110,625 | 4.1% |
| St. Marys Point | $1,125 | $523,000 | $113,750 | 7.9% |
| Maine Prairie Township | $1,625 | $395,300 | $100,313 | 3.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.
HUD Fair Market Rent for Watertown Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,265 | $1,427 | $1,734 | $2,264 | $2,538 |
HUD income limits for Watertown Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $27,650 | $46,050 | $73,650 |
| 2 people | $31,600 | $52,600 | $84,200 |
| 3 people | $35,550 | $59,200 | $94,700 |
| 4 people | $39,450 | $65,750 | $105,200 |
| 5 people | $42,650 | $71,050 | $113,650 |
| 6 people | $45,800 | $76,300 | $122,050 |
| 7 people | $50,040 | $81,550 | $130,450 |
| 8 people | $55,720 | $86,800 | $138,900 |
These are the limits HUD sets for its housing programs in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $131,500.
A program can use its own limits; tax-credit and local programs often do.
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 Township
What is the median household income in Watertown Township?
The median household income in Watertown Township is $107,500 (±$13,640) a year (2020–2024 American Community Survey).
What is the average home value in Watertown Township, MN?
The Census Bureau publishes the median: $484,900 (±$51,749) for owner-occupied homes in Watertown Township (2020–2024 American Community Survey).
What is the average mortgage payment in Watertown Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Watertown Township, MN is $2,506 (±$266) a month, including taxes, insurance and utilities.
How much are property taxes in Watertown Township?
The median real estate tax paid by homeowners in Watertown Township, MN is $4,129 (±$412) a year (2020–2024 American Community Survey).
How many homes are in Watertown Township?
Watertown Township, MN has an estimated 406 (±78) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Watertown Township?
54.4% of homes in Watertown Township, MN were built before 1980 (2020–2024 American Community Survey).
Is Watertown Township growing?
In Watertown Township, the number of residents went from 1,480 in 2015–2019 to 988 in 2020–2024 (−33.2%), a measurable decrease.
What ZIP codes are in Watertown Township?
The ZIP codes that cover Watertown Township are 55388, 55360.
What is the median rent in ZIP code 55388?
The median gross rent in ZIP Code Tabulation Area 55388 is $953 (±$165) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Watertown township, Carver County, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Watertown township, Carver County, Minnesota (county subdivision:68566, in state:27 county:019).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .