Economic Development

Watertown occupies a key position in the Metro-west region, less than 10 miles from the heart of Boston and sharing a border with Cambridge. Nestled between these centers of finance, education, and medicine, Watertown holds its own as a hub of innovation. As a small city with the heart of a small town, Watertown is a hidden gem that complements cutting-edge research and emerging industries with cultural diversity, historical and artistic assets, and thriving Main Street businesses. Take a look at all that Watertown has to offer!

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Location | Economic Profile | Cultural Assets & Amenities | Doing Business Here

a fileWatertown Square

Demographic Snapshot

  • 35,147 residents (2023)
  • 95% of residents have a high school degree; 67% hold a Bachelor’s degree or higher
  • Median income: $117,584 (124% of MA median income)

Education & Opportunity

10 Major Colleges & Universities within 10 miles

  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Harvard University
  • Lesley University
  • MIT
  • Northeastern University
  • Tufts University