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South Dakota · Census place 69300

Watertown city, SD

Quick answer

Watertown city has 22,859 residents, ranking #5 of 485 places in South Dakota. Median household income is $62,721, the median home is worth $212,300 and median gross rent runs $904 a month.

Population
22,859Watertown city residents
Median household income
$62,721Past 12 months, inflation adjusted
Median home value
$212,300Owner-occupied units
Median gross rent
$904Rent plus utilities, monthly
Median age
39.4 yrsAll residents
Homeownership rate
62.7%Owner-occupied households

What the numbers mean in Watertown city

Housing cost measured against local earnings.

A household earning the Watertown city median would spend about 17.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.7% of residents and 62.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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