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Watertown, South Dakota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
23,044
Population
$69,600
Median Income
$229,400
Home Value
39.5
Median Age

Demographics

Watertown has a population of 23,044 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:

White
90.1%
Other
5.0%
Hispanic
2.9%
Black
1.3%
Asian
0.7%
Demographic Value
Total Population23,044
Median Age39.5
White90.1%
Black or African American1.3%
Asian0.7%
Hispanic or Latino2.9%
Other / Two or More Races5.0%
Watertown, South Dakota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.1%Other: 5.0%Hispanic/Latino: 2.9%Other: 2.0%23,044PopulationWhiteWhite90.1%OtherOther5.0%Hispanic/LatinoHispanic/Latino2.9%OtherOther2.0%

Income & Economy

The median household income in Watertown is $69,600, which is 13.7% below the national median of $80,610. The per capita income is $39,939. The poverty rate is 9.0%.

$69,600
Median Household Income
$39,939
Per Capita Income
9.0%
Poverty Rate

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Education

In Watertown, 93.3% of residents age 25+ have a high school diploma or higher, and 21.6% hold a bachelor's degree or higher (6.1% with a graduate or professional degree).

HS Diploma+
93.3%
Bachelor's+
21.6%
Graduate+
6.1%
Education Level % of Adults (25+)
High School Diploma or Higher93.3%
Bachelor's Degree or Higher21.6%
Graduate or Professional Degree6.1%

Housing

The median home value in Watertown is $229,400, below the national median of $303,400. The median monthly rent is $942. The homeownership rate is 65.3%.

$229,400
Median Home Value
$942/mo
Median Rent
65.3%
Homeownership Rate
Housing Metric Value
Median Home Value$229,400
Median Monthly Rent$942
Homeownership Rate65.3%
Vacancy Rate6.4%

Salaries in South Dakota

Explore salary data for popular occupations in South Dakota:

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Other Cities in South Dakota

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Frequently Asked Questions

What is the population of Watertown, South Dakota?
The population of Watertown, South Dakota is 23,044 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Watertown, South Dakota?
The median household income in Watertown, South Dakota is $69,600. This is 13.7% below the national median of $80,610.
What is the median home value in Watertown, South Dakota?
The median home value in Watertown, South Dakota is $229,400. The median monthly rent is $942.
What percentage of people in Watertown have a college degree?
In Watertown, South Dakota, 21.6% of adults age 25 and older hold a bachelor's degree or higher, and 93.3% have a high school diploma or higher.
Is Watertown, South Dakota an affordable place to live?
The home price-to-income ratio in Watertown, South Dakota is 3.3x (median home value $229,400 vs. median income $69,600), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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