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
Compare with nearby places
Places of similar size in South Dakota.
- Rapid City city 76,836
- Aberdeen city 28,297
- Brookings city 23,710
- Mitchell city 15,637
- Yankton city 15,501
- Huron city 14,347
- Pierre city 14,008
Keep going
More South Dakota coverage.