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Watertown Town, MA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
165
Very Expensive
Median Home Value
$737,600
National: $426,735
Median Rent
$2,357/mo
National: $1,527/mo
Household Income
$123,422
National: $84,532
Population
35,270
Purchasing Power
88
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
173 / 100
100 = national average
Rent Index
154 / 100
Overall Index
165
Very Expensive

Watertown Town Mortgage Calculator

Pre-filled with the local median home value of $737,600 and Massachusetts's property tax rate of 1.15%.

Salary & Purchasing Power

Median household income is $123,422 46% above the national average.

What $123,422 in Watertown Town Gets You Elsewhere

CityEquivalent SalaryDifference
Los Angeles, CA$127,162+3%
San Diego, CA$131,650+7%
New York, NY$112,950-8%
Chicago, IL$60,589-51%

Property Tax in Watertown Town, MA

Est. Annual Property Tax
$8,482
Monthly Impact
$707
Added to your mortgage
Effective Rate
1.15%
National avg: ~1.00%

Massachusetts Tax Overview

Tax TypeMassachusettsNational Avg
Property Tax Rate1.15%1.00%
Top Income Tax Rate9%~5.0%
State Sales Tax6.25%~5.0%

Compare Watertown Town to Another City

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Cost of Living Comparison

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Watertown Town, MA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Watertown Town, MA: 173
Rent Prices
154
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR