Watertown township, Michigan Median Income

Watertown township, Michigan has a population of 1,400, with a median household income of $68,200.

Current median income data for Watertown township.

$68,200

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Population

1,400

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

183.00 Mbps

Watertown township is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Watertown township is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Watertown township has a population of 1,400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Watertown township is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Watertown township average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Watertown township is 5.10%, which is lower than the state average, indicating a relatively strong job market. Watertown township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Watertown township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Michigan, Watertown township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Watertown township

What is the population of Watertown township?

The population of Watertown township is approximately 1,400.

Is Watertown township a good place to live?

Watertown township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Watertown township?

The median household income in Watertown township is around $68,200.

How expensive is housing in Watertown township?

The average housing price in Watertown township is approximately $266,000.