Most Expensive Watertown Neighborhoods
Watertown is a medium-sized city located in the state of Massachusetts. With a population of 34,127 people and six constituent neighborhoods, Watertown is the 50th largest community in Massachusetts. Watertown has an unusually large stock of pre-World War II architecture, making it one of the older and more historic cities.
Housing costs in Watertown are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Watertown is a decidedly white-collar city, with fully 89.29% of the workforce employed in white-collar jobs, well above the national average. Overall, Watertown is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Watertown who work in management occupations (14.22%), office and administrative support (10.60%) and sales jobs (9.32%).
Also of interest is that Watertown has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Watertown is also a city of artists. Watertown has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Watertown’s character.
Watertown, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
In addition to being popular with young singles, Watertown is also home to many people who can be described as "urban sophisticates". While both of these categories describe educated professionals, urban sophisticates are quite a different demographic. Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
For the size of the city, public transportation in Watertown is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Watertown, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Watertown is a pretty powerful place. 57.69% of the adults in Watertown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Watertown in 2010 was $45,822, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $183,288 for a family of four. However, Watertown contains both very wealthy and poor people as well.
Watertown is a somewhat ethnically-diverse city. 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 Irish, Italian, German, English, Armenian and Polish.
Foreign born people are also an important part of Watertown's cultural character, accounting for 23.77% of the city’s population.
The languages spoken by people in Watertown are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Watertown is English. Other important languages spoken here include Spanish, Armenian and Chinese.
|NUMBER OF HOMES AND APARTMENTS||14,449|
|WATERTOWN HOME OWNERSHIP|
|% OWNER OCCUPIED||51.67%|
|% RENTER OCCUPIED||48.34%|
|TYPE OF WATERTOWN HOMES|
|SINGLE FAMILY DETACHED||24.38%|
|ROWHOUSES AND ATTACHED HOMES||9.92%|
|SMALL APARTMENT BUILDINGS||42.36%|
|COMPLEXES OR HIGH RISE APARTMENTS||23.19%|
|SIZE OF WATERTOWN HOMES|
|5 OR MORE BEDROOMS||3.21%|
|AGE OF WATERTOWN HOMES|
|NEWER HOMES (2000 OR LATER)||6.16%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||18.81%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||28.71%|
|HISTORIC (1939 OR BEFORE)||46.32%|
|WATERTOWN REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$494,075|
|MEDIAN RENTAL PRICE||$1,778|
|HOME VALUE RANGE|
|$0 - $58,000||2.04%|
|$58,001 - $117,000||0.84%|
|$117,001 - $234,000||1.63%|
|$234,001 - $350,000||11.77%|
|$350,001 - $467,000||24.43%|
|$467,001 - $584,000||23.87%|
|$584,001 - $876,000||31.40%|
|$876,001 - $1,168,000||3.14%|
|PEOPLE OF WATERTOWN||DETAILS|
|UNDER 5 YEARS||6.05%|
|5 TO 17||9.78%|
|18 TO 24||6.77%|
|25 TO 34||21.07%|
|35 TO 54||30.71%|
|55 TO 64||10.75%|
|65 YEARS AND OVER||14.86%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.00%|
|MEDIAN HOUSEHOLD INCOME||$86,461|
|PER CAPITA INCOME||$45,822|
|INDIVIDUALS BELOW POVERTY LEVEL||7.32%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (16.11%)
Professional, scientific, and technical services (15.27%)
Information Technology (3.07%)
Public Service (2.11%)
|BLACK OR AFRICAN AMERICAN||3.25%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.22%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||2.41%|
|TWO OR MORE RACES||2.83%|
|HISPANIC OR LATINO (OF ANY RACE)||8.38%|
|ETHNICITIES PRESENT||Irish (20.39%)
French Canadian (2.16%)
|LANGUAGES SPOKEN||English (69.92%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.