Watertown is a very small city located in the state of Minnesota. With a population of 4,842 people and two associated neighborhoods, Watertown is the 168th largest community in Minnesota.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 20.85% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Watertown is a great place for families with children to consider. First of all, many other families with children live here, making Watertown a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Watertown has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Watertown’s overall crime rate is lower than average for the country.

In Watertown, however, the average commute to work is quite long. On average, people spend 30.36 minutes each day getting to work, which is significantly higher than the national average.

The citizens of Watertown are slightly better educated than the national average of 21.84% for all cities and towns, with 24.04% of adults in Watertown having a bachelor's degree or advanced degree.

The per capita income in Watertown in 2022 was $42,718, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $170,872 for a family of four. However, Watertown contains both very wealthy and poor people as well.

The people who call Watertown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Watertown residents report their race to be White, followed by Asian. Important ancestries of people in Watertown include German, Norwegian, Swedish, Irish, and Finnish.

The most common language spoken in Watertown is English. Other important languages spoken here include Polish and Greek.