Economy & Jobs — Watertown, Minnesota
Income & Employment
| Median Household Income (Census) | $99,671 |
|---|
| Estimated 2026 | ~$106,000 |
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| Per Capita Income | $41,419 |
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| Poverty Rate | 7.7% |
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| Unemployment Rate | 0.0% |
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| In Labor Force | 2,909 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 22.0% |
| Manufacturing | 17.0% |
| Construction | 14.7% |
Local Businesses (County)
| Type | Count |
|---|
| Real Estate Offices | 78 |
| Fast Food | 67 |
| Insurance Agencies | 61 |
| Full Service Restaurants | 47 |
| Beauty Salons | 39 |
| Dental Offices | 39 |
| Commercial Banks | 35 |
| Child Day Care | 34 |
| Physician Offices | 33 |
| Auto Repair | 28 |
| Chiropractors | 28 |
| Gas Stations | 27 |
| Law Offices | 24 |
| Coffee Shops | 22 |
| Accounting Firms | 18 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
