Watertown, TN
Population 1,511 · Tennessee
About Watertown, TN
Watertown is a small community in Tennessee with a population of 1,511 residents. The median household income is $62,991 per year, which is near the national average. The median age in Watertown is 41.2 years.
Housing in Watertown has a median home value of $228,400 and median monthly rent of $1,036. Of the 652 total housing units, the majority are owner-occupied, with 416 owner-occupied and 199 renter-occupied units.
The unemployment rate in Watertown is 3.9% and the poverty rate is 8.2%. 14.6% of residents hold a bachelor's degree or higher. The average commute time is 28.4 minutes.
Cost of Living in Watertown, TN
Compared to national averages, Watertown has a median household income of $62,991 (16% below the national median of $75,149). Home values average $228,400, which is 7% below the national median. Monthly rent at $1,036 is 11% below the US average of $1,163. Within Tennessee, Watertown's income is 0% above the state average of $62,849, and home values are 7% above the state median of $214,371.
Why Live in Watertown, TN?
Watertown offers affordable housing with a median home value of $228,400, below the US average of $244,900, and rent that’s lower than the national average at $1,036/month, and a low poverty rate of 8.2%, better than the national average.
Potential considerations include median household income ($62,991) that falls below the national average. However, Watertown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Watertown has a population of 1,511 with a median age of 41.2 years. Compare Watertown with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Watertown
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Banner Hill | 1,519 | $66,270 | $120,700 | Compare |
| Rutledge | 1,521 | $41,000 | $152,300 | Compare |
| Spencer | 1,494 | $46,563 | $135,000 | Compare |
| Chapel Hill | 1,531 | $77,826 | $276,700 | Compare |
| Kenton | 1,487 | $40,993 | $96,400 | Compare |
| Tennessee Ridge | 1,546 | $56,583 | $151,800 | Compare |
| Norris | 1,472 | $73,448 | $306,300 | Compare |
| Lone Oak | 1,463 | $53,214 | $241,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Watertown With Other Cities
Frequently Asked Questions about Watertown
What is the population of Watertown, TN?
The population of Watertown, TN is 1,511 according to the latest Census data.
What is the median household income in Watertown?
The median household income in Watertown, TN is $62,991 per year.
What is the median home value in Watertown?
The median home value in Watertown, TN is $228,400.
What is the average rent in Watertown?
The median monthly rent in Watertown, TN is $1,036.
What is the unemployment rate in Watertown?
The unemployment rate in Watertown, TN is 3.9%.