Income & Economy in Watertown city, WI (53098)
Median Income
$73,147
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+671
Wealth inflow
Population
11,505
Unemployment
4.7%
1.0pp above US avg
IRS migration statistics show a net inflow of about 671 for ZIP 53098 (Watertown city, WI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 53098 (2020–Present)
Since 2020, population declined 2.1%, median income rose 4.3% (inflation-adjusted), home values increased 9.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,147 |
| Unemployment | 4.7% |
| Establishments | 166 |
| Employees | 2,407 |