There are 20 independent living communities serving Watertown, Minnesota. This includes 2 communities in Watertown and 18 nearby. The daily costs of independent living in Minnesota range from $16 to $132, with a median expenditure running about $62. The monthly cost averages roughly $1,871 and ranges between $476 and $3,960. On a yearly basis, the average cost is about $22,456, which is below the US average of $23,100.
The cost of independent living in Watertown, MN generally ranges from $1,252 per month to $2,533 per month. The median cost is about $1,962 per month, or around $23,546 per year.
Located in Carver County, Watertown is a small city in the State of Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metro area. While the surrounding area is home to 2,601,007 people, there are 5,619 residing in the city itself. The 55+ community comprises about 22% of the overall population.
Watertown has an above average SeniorScore™ of 72. The city has a median per capita income of $29,000 and a median household income is $66,000 (the Minnesota state average is $53,000). The current unemployment rate is approximately 8.14% and the mean home price is $276,000, which is somewhat higher than the state average of $211,500.
Watertown has extreme mean temperatures, with severely cold winters and pleasant summers. The city gets low amounts of rainfall each year. In comparison to other cities in the US, Watertown has above average air quality ratings.