Watertown, New York 

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Economy in Watertown, New York

Watertown has an unemployment rate of 4.7%. The US average is 5.2%.

Watertown has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is lower than the US average of 38.0%.

Tax Rates for Watertown
- The Sales Tax Rate for Watertown is 8.0%. The US average is 6.0%.
- The Income Tax Rate for Watertown is 6.5%. The US average is 4.6%.

Income and Salaries for Watertown
- The average income of a Watertown resident is $22,187 a year. The US average is $28,555 a year.
- The Median household income of a Watertown resident is $41,197 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYWatertown, New YorkUnited States
  Unemployment Rate4.7%5.2%
  Recent Job Growth0.7%1.6%
  Future Job Growth36.8%38.0%
  Sales Taxes8.0%6.0%
  Income Taxes6.5%4.6%
  Income per Cap.$22,187$28,555
  Household Income$41,197$53,482
  Family Median Income$52,376$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.7%6.2%
  Manufacturing5.3%10.4%
  Wholesale trade2.2%2.7%
  Retail trade16.0%11.6%
  Transportation and warehousing1.9%4.1%
  Utilities00
  Information2.6%2.1%
  Finance and insurance3.0%4.7%
  Real estate, rental, leasing2.2%1.9%
  Professional, scientific, technical services2.9%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs4.3%4.3%
  Educational services7.8%9.3%
  Health care and social assistance19.1%13.8%
  Arts, entertainment, recreation1.2%2.2%
  Accommodation, food services11.7%7.4%
  Other services4.3%4.9%
  Public administration11.2%4.8%
ECONOMY MAP
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    Reviews for Watertown    3 Reviews
    Nice quiet town but many small town issues - 6/15/2018
    I don’t live there but visit on occasion. Very quiet town. Ran into a white out blizzard while driving there that a local tells me isn’t unusual. One minute I could... Read More

    Start Your Review of Watertown


    Metro Housing - 7/6/2009
    hello, I'am a 22 year old single mother who is looking to move to new york to be closer to my sister...i need to be placed in a metro home until i can get a job and... Read More

    Watertown, NY - 11/7/2008
    As a city primarily filled and flourished with military families, Watertown is a decent place to live. Because of the population influx from military families, the town... Read More


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