Watertown, SD
Full City Profile · South Dakota · Codington County County
3.2
/5.0
B
Good
22,859
Population
1,240/sq mi density
$62,721
Median Income
$37,225 per capita
$212,300
Home Value
$300,678 Zillow
$904
Median Rent
24.7% income on rent
43°F
Avg Temperature
276 sunny days/yr
301
Violent Crime/100K
1,651 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,721 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$212,300 home value, $904/mo rent
F
Safety
1.0 / 5.0
301 violent crimes/100K
C+
Education
2.7 / 5.0
21.2% bachelor's degree or higher
Income Overview
Median Household Income
$62,721
17% below
US avg: $75,149
Per Capita Income
$37,225
5% below
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
6.5%
48% below
US avg: 12.4%
Income Comparison: Watertown vs. U.S. Average
Each bar shows Watertown’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,721
83%
Per Capita
US: $39,052
$37,225
95%
IRS Avg AGI
US: $72,000
$80,938
112%
Avg Weekly Wage
US: $1,432
$1,003
70%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,003
30% below US avg ($1,432)
Mean Commute Time
14 min
50% below US avg (28 min)
Work From Home
5.4%
64% below US avg (15.2%)
Drive Alone
84.2%
15% above US avg (73.2%)
Public Transit
0.6%
87% below US avg (5.0%)
County GDP
$2,111M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.2%
Public Transit
0.6%
Work From Home
5.4%
Other
9.8%
Average commute time
14 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,431
Restaurants
92
Healthcare
101
Retail
187
Manufacturing
82
Tax & Financial
IRS Avg Adjusted Gross Income
$80,938
12% above US avg ($72,000)
Avg Property Tax
$5,165
48% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,721 |
| Per Capita Income | $37,225 |
| IRS Avg Adjusted Gross Income | $80,938 |
| Avg Weekly Wage | $1,003 |
| County GDP | $2,111M |
Hardship Indicators
| Unemployment Rate | 1.3% |
| Poverty Rate | 6.5% |
| Gini Coefficient | 0.434 |
| Cost of Living Index | 88.6 |
Commute
| Mean Commute | 14 minutes |
| Drive Alone | 84.2% |
| Public Transit | 0.6% |
| Work From Home | 5.4% |
Businesses
| Total Establishments | 1,431 |
| Restaurants | 92 |
| Healthcare | 101 |
| Retail | 187 |
| Manufacturing | 82 |
Tax
| IRS Avg AGI | $80,938 |
| Avg Property Tax | $5,165 |
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