HomeMassachusettsMiddlesex CountyWatertown city
Watertown city, Massachusetts: commercial real estate data.
Watertown city is a Census city of 35,543 people across 4.00 square miles of land, in Middlesex County. Median household income is $126,265, 47.7 percent of occupied homes are owned, and the SBA record carries 58 7(a) approvals to borrowers here worth $18.0 m.
77 sourced place values · tier FULL · 8 sections
Watertown
What Watertown is
- Census place typecity
- Land area4 sq mi
- Water area0.13 sq mi
- Population per square mile of land8,894
- County holding the largest share of its areaMiddlesex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watertown
How many people live in Watertown
- Population35,543
- Median age39.4
- Population under 185,066
- Share under 1814.3 percent
- Population 65 and over6,506
- Share 65 and over18.3 percent
- Households16,371
- Family households8,803
- Share of households that are families53.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watertown
Income and work in Watertown
- Median household income$126,265
- Per capita income$73,851
- Civilian labor force22,444
- Employed21,247
- Unemployed1,197 plus or minus 312
- Unemployment rate5.3 percent plus or minus 1.4
- Adults 25 and over28,445
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher66.5 percent
- Adults 25 and over with a graduate degree35.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watertown
Housing in Watertown
- Housing units17,206
- Occupied units16,371
- Vacant units835 plus or minus 244
- Vacancy rate4.9 percent plus or minus 1.4
- Owner occupied7,814
- Renter occupied8,557
- Ownership rate47.7 percent
- Median owner-occupied home value$784,600
- Median gross rent, monthly$2,502
- Annual rent as a share of median income23.8 percent
- Single family units4,724
- Share single family27.5 percent
- Units in buildings of two or more12,482
- Share in buildings of two or more72.5 percent
- Mobile homes0
- Median year structure built1947
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watertown
How Watertown gets to work
- Workers 16 and over who commute14,786
- Commuting under 15 minutes3,146
- Share commuting under 15 minutes21.3 percent
- Commuting 30 minutes or more6,470
- Share commuting 30 minutes or more43.8 percent
- Drove alone49.7 percent
- Carpooled6.6 percent plus or minus 1.5
- Public transport6.6 percent plus or minus 1.4
- Walked4.4 percent plus or minus 1.1
- Worked from home29.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watertown
SBA 7(a) lending to Watertown borrowers
- Approvals58
- Gross approval$17,965,900
- Average approval$309,757
- Median approval$150,000
- Ninetieth percentile approval$700,000
- Largest approval$2,040,000
- Jobs supported864
- Jobs per approval14.9
- Loans with a final outcome12
- Paid in full10
- Charged off2
- Charge-off rate over resolved loans16.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more3.4 percent
- Share to franchises6.9 percent
- Distinct lenders23
- Distinct industries by NAICS37
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Watertown
SBA 504 lending to Watertown borrowers
- Approvals10
- Gross approval$6,541,000
- Average approval$654,100
- Median approval$576,000
- Largest approval$2,016,000
- Jobs supported53
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Middlesex County, not Watertown
Middlesex County context, not Watertown figures
These are Middlesex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Watertown measurements.
- Establishments in Middlesex County44,624
- Employment at those establishments, Middlesex County963,417
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Average weekly wage, Middlesex County$2,187
- Housing units permitted, Middlesex County3,495
- Of those, single family, Middlesex County889
- County product, 2024, Middlesex County$240,665,230,000
- County product change over the prior year, Middlesex County5.8 percent
- Average income of an arriving household, Middlesex County$129,274
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Watertown. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Watertown questions, answered from the record.
How many people live in Watertown, Massachusetts?
35,543, in 16,371 households. Watertown city covers 4.00 square miles of land, which is 8,894 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Watertown in?
Middlesex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Watertown?
$126,265. The median owner-occupied home is valued at $784,600. Median gross rent is $2,502 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Watertown businesses?
58 7(a) approvals totalling $18.0 m, across 23 lenders, median approval $150,000, plus 10 504 approvals worth $6.5 m. These count approvals to borrowers whose address is in Watertown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Watertown borrowers get paid back?
Of the 12 loans that have reached a final outcome, 10 were paid in full and 2 charged off, a charge off rate of 16.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Watertown figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Watertown.
Is zoning published for Watertown?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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