City of Watertown – Economic Development

The City of Watertown’s Economic Development office works with businesses of every size, in every industry and at every stage of the business lifecycle. Companies can turn to it for help with site selection and with understanding zoning, licensing and permitting. The office also connects businesses to state resources for funding, workforce development and other support, and it promotes local services and offerings through its social media channels on Instagram, Facebook and LinkedIn.

Watertown sits less than 10 miles from the heart of Boston and shares a border with Cambridge, placing it between major centers of finance, education and medicine. The office describes it as a small city with the heart of a small town, mixing research and emerging industries with cultural diversity, historic and artistic assets and Main Street businesses. Its online resources cover the city’s location, economic profile, cultural amenities and what it is like to do business there.

What to Know

• The office publishes an economic development newsletter with an archive of past issues.
• Ten major colleges and universities lie within 10 miles of Watertown.
• About 95 percent of residents have a high school degree, and 67 percent hold a bachelor’s degree or higher.
• Watertown’s median income is about 124 percent of the Massachusetts median.