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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 Rate1.3%
Poverty Rate6.5%
Gini Coefficient0.434
Cost of Living Index88.6

Commute

Mean Commute14 minutes
Drive Alone84.2%
Public Transit0.6%
Work From Home5.4%

Businesses

Total Establishments1,431
Restaurants92
Healthcare101
Retail187
Manufacturing82

Tax

IRS Avg AGI$80,938
Avg Property Tax$5,165