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2024 Compare Cities Economy:
Somerset, MA vs Watertown Town, MA

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Highlights
- Household income in Watertown Town, is 5% more than it is in Somerset and is 32% above the National Average.
- Somerset unemployment rate is 7.6%.
- Watertown Town unemployment rate is 4.5%.

Economy
 Somerset, MAWatertown Town, MAUnited States
 Unemployment Rate7.6%4.5%6.0%
 Recent Job Growth3.9%4.3%1.6%
 Future Job Growth36.7%46.0%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$47,396$62,772$37,638
 Household Income$96,967$101,402$69,021
 Family Median Income$105,638$126,886$85,028
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 Est. Households By Income
 Somerset, MAWatertown Town, MAUnited States
 Income Less Than 15K5.9%6.9%9.4%
 Income between 15K and 20K2.5%3.5%3.8%
 Income between 20K and 30K4.7%4.2%8.1%
 Income between 30K and 40K4.6%4.6%8.0%
 Income between 40K and 50K3.5%2.2%7.6%
 Income between 50K and 60K4.7%5.0%7.2%
 Income between 60K and 75K8.4%7.5%9.6%
 Income between 75K and 100K18.8%15.7%12.8%
 Income between 100K and 150K21.9%17.4%16.3%
 Income between 150K and 200K15.6%13.1%7.8%
 Income greater than 200K9.4%20.1%9.5%
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 Population By Occupation
 Somerset, MAWatertown Town, MAUnited States
 Management, business, finance16.2%23.3%16.4%
 Engineering, computers, science6.1%17.0%6.5%
 Community, social services2.9%2.6%1.8%
 Legal1.5%1.5%1.2%
 Education, library7.4%10.6%6.2%
 Arts, design, media, sports, entertainment1.3%4.5%2.0%
 Healthcare practitioners and technology9.0%6.7%6.2%
 Healthcare support3.0%1.4%3.3%
 Firefighters, law enforcement3.1%1.9%2.1%
 Food preparation, serving4.2%3.2%5.4%
 Building maintenance1.7%1.7%3.6%
 Personal care2.4%2.1%2.6%
 Sales, office, administrative support24.0%15.4%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair6.0%4.6%8.1%
 Production, transportation, material moving10.6%3.7%13.1%

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Reviews for Somerset    0 Reviews

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Reviews for Watertown Town    4 Reviews

I’ve lived in Watertown for 3½ years after living in Cambridge. It’s slightly further out and could use a couple more MBTA bus lines to make being car-free easier  More

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Over 15 years ago

Watertown has "small town charm" in abundance despite literally sharing borders with both Boston and  More

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I first lived in Watertown several years ago as fresh college grad, and now I've been here again for 2 years with my husband and son. In both instances, I've loved it.   More

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ZIPS IN SOMERSET, MASSACHUSETTS
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ZIPS IN WATERTOWN TOWN, MASSACHUSETTS
02472

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