2025 Compare Cities Economy:
Watertown Town, MA vs Salem, MA

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Highlights
- Household income in Salem, is 28% less than it is in Watertown Town and is 5% above the National Average.
- Watertown Town unemployment rate is 4.5%.
- Salem unemployment rate is 7.1%.
 Watertown Town, MASalem, MAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock3.0%1.6%
 Future Job Growth46.0%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock5.1%4.6%
 Income per Cap.$62,772  Unlock$37,638
 Household Income  Unlock$72,884$69,021
 Family Median Income$126,886  Unlock$85,028
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 Est. Households By Income
 Watertown Town, MASalem, MAUnited States
 Income Less Than 15K  Unlock10.6%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock7.9%8.1%
 Income between 30K and 40K4.6%  Unlock8.0%
 Income between 40K and 50K  Unlock5.4%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock10.4%9.6%
 Income between 75K and 100K15.7%  Unlock12.8%
 Income between 100K and 150K  Unlock17.6%16.3%
 Income between 150K and 200K13.1%  Unlock7.8%
 Income greater than 200K  Unlock10.1%9.5%
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 Population By Occupation
 Watertown Town, MASalem, MAUnited States
 Management, business, finance23.3%  Unlock16.4%
 Engineering, computers, science  Unlock5.4%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock1.1%1.2%
 Education, library10.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.3%2.0%
 Healthcare practitioners and technology6.7%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock5.3%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support15.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock8.0%13.1%
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 16 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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Reviews for Salem    4 Reviews

I've been in Salem, Massachusetts for a year now because it brought me up here for my husband's job. Salem may be a great place to visit during Halloween but other  More

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Over 12 years ago

My husband and I move to Salem, MA from Long Island NY five years ago and we love it! We kept on visiting for Halloween and we just decided to move here for the hell of  More

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Over 18 years ago

We are family friendly, albeit strange. We celebrate Halloween for a month. Check out the Haunted Happenings  More

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