Workforce Housing Strategy
A 2021 Jefferson County Housing analysis showed a 31% increase in the median single-family home sale price in Watertown from 2016 - 2020. Nearly half of renters in Watertown are considered "housing cost burdened" - meaning at least 30% of their monthly income goes to paying rent.
To address these housing affordability challenges, the Greater Watertown Community Health Foundation has sponsored the creation of a Workforce Housing Strategy for the cities of Watertown and Jefferson. Cedar Corp, a multi-disciplinary firm with a reputable planning staff, was hired to work with our communities to develop an implementation strategy to workforce housing.