What percentage of people rent in Watertown, TN?
25.9% (±8.8 points) of the occupied homes in Watertown, TN are rented (2020–2024 American Community Survey).
That is 156 renting households against 446 that own their home.
In Watertown, the share of households that rent went from 35.3% in 2015–2019 to 25.9% in 2020–2024 (−9.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 25.9% (±8.8 points)
- Renting households
- 156 (±72)
- Median renter income
- $64,239 (±$12,996)
Who rents and who owns in Watertown
| Watertown | Wilson County | Tennessee | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.9% (±8.8 points) | 23.0% (±1.6 points) | 33.1% (±0.3 points) | 34.8% |
| Renting households | 156 (±72) | 13,592 (±960) | 933,708 (±7,883) | 45,017,354 |
| Owning households | 446 (±114) | 45,547 (±1,008) | 1,890,569 (±10,295) | 84,210,142 |
| Average renter household size | 2.4 (±0.6) | 2.5 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.4) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $64,239 (±$12,996) | $60,072 (±$3,400) | $46,745 (±$535) | $52,966 |
| Median owner household income | $76,250 (±$22,269) | $110,019 (±$4,901) | $85,153 (±$545) | $100,009 |
In Watertown, the renter share is not measurably different from Wilson County (23.0%).
It is not measurably different from Tennessee (33.1%).
It is lower than the national figure (34.8%).
In Wilson County, Watertown ranks 3 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 235 of 405.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 35.3% (±7.8 points) | 25.9% (±8.8 points) | −9.4 percentage points | Not a measurable change |
| Median gross rent | $850 (±$170) | $1,036 (±$238) | +21.9% | No measurable change after inflation |
| Median household income | $47,257 (±$10,634) | $68,148 (±$11,895) | +44.2% | 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Watertown | — | 25.9% (±8.8 points) | — |
| Alexandria | 6.2 mi | 38.9% (±13.6 points) | Not measurably different |
| Auburntown | 11 mi | 24.6% (±16.1 points) | Not measurably different |
| Liberty | 11 mi | 26.8% (±13.1 points) | Not measurably different |
| Dowelltown | 13 mi | 34.1% (±13.4 points) | Not measurably different |
| Gordonsville | 13 mi | 36.4% (±9.0 points) | Not measurably different |
| Lebanon | 13 mi | 37.6% (±3.2 points) | Higher |
| South Carthage | 14 mi | 40.8% (±9.2 points) | Higher |
| Carthage | 15 mi | 37.2% (±10.3 points) | Not measurably different |
Nearby places with a measurably higher figure: Lebanon, TN (37.6%), South Carthage, TN (40.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wilson County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Lebanon | 37.6% (±3.2 points) |
| 2 | Mount Juliet | 27.9% (±3.6 points) |
| 3 | Watertown | 25.9% (±8.8 points) |
| 4 | Gladeville | 11.6% (±11.1 points) |
| 5 | Green Hill | 9.4% (±6.3 points) |
| 6 | Rural Hill | 0.0% (±5.7 points) |
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 156 (±72) renting households, 25.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Watertown?
In Watertown, the share of households that rent went from 35.3% in 2015–2019 to 25.9% in 2020–2024 (−9.4 percentage points), not a measurable change.
How big are renting households in Watertown?
A renting household in Watertown has 2.4 people on average, against 2.4 in an owned home.
How much do renters earn in Watertown?
The median renting household in Watertown, TN has an income of $64,239 (±$12,996) a year, against $76,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watertown city, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Watertown city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Watertown city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Watertown city, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Watertown city, Tennessee
- 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, Tennessee (place:78320, in state:47).
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
- 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
- Heating fuel in Watertown
- Commute and cars in Watertown
- Crime reported to police in Watertown
- Population growth in Watertown
- How long people stay in Watertown
- Tennessee landlord and tenant rules
- Housing across Wilson County
- Tennessee places ranked by share of renters
- Housing data for every place in Tennessee