Watertown is located in south Minnesota. Watertown is between the Carver, Hennepin, Wright county. Watertown has 2.59 square miles of land area and 0.04 square miles of water area. As of 2010-2014, the total Watertown population is 4,243, which has grown 40.08% since 2000. The population growth rate is much higher than the state average rate of 9.44% and is much higher than the national average rate of 11.61%. Watertown median household income is $67,721 in 2010-2014 and has grown by 42.57% since 2000. The income growth rate is higher than the state average rate of 29.12% and is much higher than the national average rate of 27.36%. Watertown median house value is $166,400 in 2010-2014 and has grown by 32.91% since 2000. The house value growth rate is much lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Watertown is much better than the state average in quality. The Watertown area code is 952.