Located east of Lake Ontario on the scenic waterfalls of the Black River is the city of Watertown, which is home to just over 27,000 residents. It is home to one of the oldest semi-pro football teams in the country and also boasts a park designed by the same landscape architect who constructed Central Park in New York City.
The cost of living in Watertown, NY is slightly below the statewide average, although the average is inflated due to cost of living in New York City, and well below the national average. Groceries, housing, and utilities are all under the cost of living for both the state and national averages, while transportation, goods and services, and healthcare are all above the average cost of living. The median home price is $117,300, and average monthly rentals go for $748.
Watertown, NY Job Opportunities
Due to the size of Watertown, jobs are somewhat limited. The largest employer in the area is Fort Drum, a United States Army post that houses almost 13,000 soldiers and their families. The fort employs from individuals nearby Watertown to perform various government and military jobs.
Other leading industries in Watertown include sales and office, particularly administrative positions, business and finance, the food industry, such as waitresses, chefs, and bartenders, transportation, tourism, and education. The city is also home to seasonal influxes of tourists for the ski season.
Watertown, NY Employment Trends
Recent job growth in the town stalled, and the projected job growth rate is falling at -0.4 percent. The median household income for Watertown is $38,511 a year, which is far less than the state average of $57,683 and the national average of $53,046. The current unemployment rate for the city is 6.3 percent, which is above the New York average of 5.7 percent and the national average of 6.3 percent.