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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Watertown, WI Housing Affordability Index

Watertown, Wisconsin has an MBR Housing Affordability Index score of 107.6 (Near National Average) as of October 30, 2026, ranking 522nd most affordable of 695 scored Wisconsin cities, compared with 104.4 statewide and 97.4 nationally. On a median-priced $222,100 home with 20% down, the Wisconsin average 30-year fixed rate of 7.30% means a monthly principal and interest payment of about $1,218, or 21% of the city’s $70,107 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Watertown is updated every night from live Wisconsin mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Watertown MBR-HAI 107.6 Near National Average
Rank in Wisconsin 522 of 695 1 = most affordable
Wisconsin 104.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.30% Wisconsin lenders
Median home value $222,100 U.S. Census Bureau

Watertown is 3.2 points above the Wisconsin score. Scores as of October 30, 2026. See the Wisconsin index

View Watertown Mortgage Rates

What It Takes to Buy in Watertown

$1,218/mo
Principal & Interest
Median home, 20% down, 7.30%
$52,200
Income Needed
To keep the payment at 28% of income
$70,107
Median Household Income
Wisconsin: $77,485
3.2x
Price-to-Income Ratio
Wisconsin: 3.4x
$1,254/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,718/yr
Median Property Tax
1.67% of median value
24.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
39.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Watertown, Wisconsin. The rate is the Wisconsin average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Watertown Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Watertown, Wisconsin score: 107.6 (Near National Average), ranked 522 of 695 Wisconsin cities. monitorbankrates.com/housing-affordability-index/wisconsin/watertown”