Watertown, MN Real Estate
According to census data in the year 2000 there were 1,107 housing units in Watertown.
This represents a 21% growth from 915 in 1990.
Of those housing units, 1,074 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.
Homeownership rate in Watertown is about 80.4%.
Watertown's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Watertown were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.80% |
| Two Bedrooms | 22.10% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $125,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 54.80% |
| Debt Free | 23.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
