HomeMassachusettsMiddlesex CountyWatertown
Watertown, Massachusetts: commercial real estate data.
Watertown 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Watertown (7(a))
- Approvals58
- Gross approval$17,965,900
- Average approval$309,757
- Median approval$143,750
- Ninetieth percentile approval$697,900
- Largest approval$2,040,000
- Jobs supported864
- Jobs per approval14.9
- Loans with a final outcome12
- Paid in full10
- Charged off2
- 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
Counted by borrower city: approvals to borrowers whose address is in Watertown, in any county, FY2020 to FY2026. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Watertown
SBA loans in Watertown (504)
- Approvals10
- Gross approval$6,541,000
- Average approval$654,100
- Median approval$495,000
- Largest approval$2,016,000
- Jobs supported53
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Watertown, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Watertown
Flood risk in Watertown
- NFIP communityTown of Watertown
- NFIP community number250223
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The Town of Watertown participates in the National Flood Insurance Program as community 250223 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Middlesex County, not Watertown
Middlesex County context, not Watertown figures
- Establishments in Middlesex County44,624
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Housing units permitted, Middlesex County3,495
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Watertown.
All Middlesex County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $18.0 m since FY2020, across 23 lenders, median approval $143,750, plus 10 504 approvals worth $6.5 m since FY2010. 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?
No rate is published for Watertown. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Watertown in the National Flood Insurance Program?
Yes. Watertown appears in the FEMA Community Status Book as Watertown, town of, community 250223, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Watertown figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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