B-

Watertown, CT

Source:

Affordability Score: 69/100

Population: 14,144 · 1 ZIP codes

The affordability dashboard for Watertown, CT aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 14,144 residents, then layers in county-level federal data to produce an overall grade of B- (69/100). The headline inputs are median household income of $104,850, median home value of $365,500, median rent of $1,218 per month, and 42.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,507 per month (studio $1,033, 1BR $1,219, 3BR $1,884, 4BR $2,152). Department of Labor data lists infant center-based childcare at $16,120 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Watertown, CT include income, education, rent. Unemployment currently reads 3.9% and poverty 5.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$104,850
Median household income
Education B+
42.9%
Bachelor's degree or higher
Housing C-
3.5x
Home value $365,500 vs income
Commute C
24 min
Average commute time
Rent A
$1,507/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$16,120/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$104,850
▲ 69% vs national
Per Capita Income
$49,313
Unemployment Rate
3.9%
Poverty Rate
5.4%

Housing

Median Home Value
$365,500
▲ 33% vs national
Median Rent
$1,218/mo
Owner Occupied
89.6%
2BR Fair Market Rent
$1,507/mo
▲ 26% vs national

Fair Market Rents by Bedroom

Studio
$1,033
1BR
$1,219
2BR
$1,507
3BR
$1,884
4BR
$2,152

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
42.9%
▲ 13 ppt vs national
High School+
66.3%
Median Age
48.1
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$16,120/yr
15% of income
Toddler (Center)
$16,120/yr
Preschool (Center)
$13,260/yr
School-Age (Center)
$7,800/yr

What This Means

Watertown, CT receives an overall affordability grade of B- (69/100), aggregated from 1 ZIP codes with a total population of 14,144. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Watertown ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Watertown, CT affordable?
Watertown, CT receives an overall affordability grade of B- (69/100) based on Census, HUD, FBI, and DOL data. Median household income is $104,850. Median home value is $365,500.
What is the cost of living in Watertown?
Key cost metrics: Median rent $1,218/mo. 2BR fair market rent $1,507/mo. Infant childcare $16,120/yr. Median home value $365,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →