The population of Watertown, SD was estimated to be 23,000 in 2022. The median age of the Watertown population is 37.6.
Cost of Living
The cost of living in Watertown, SD is about 20% lower than the national average. The median household income in Watertown is $52,145.
Watertown, SD Education
High School Graduate: 36%
Some College: 24%
Associates Degree: 17%
Bachelor's or Higher Degree: 23%
Workforce Participation Rates by Education
Less than High School: 75%
High School Graduate: 79%
Some College: 89%
Bachelor's Degree or Greater: 87%
Unemployment Rate by Education
Less than High School: 3%
High School Graduate: 1%
Some College: 1%
Estimated education data based on residents over 25 years old in Watertown, SD. Employment data based on residents age 25-64.
Watertown Job Market
Watertown is a small city of 22,000 in eastern South Dakota. Despite its small size, it is home to several manufacturing facilities. Top industries in Watertown include Government, Manufacturing, Health Services, Education, and Trade, Transportation, and Utilities. The job market in Watertown is growing, and top employers in the city include the local school district, Terex Utilities (construction manufacturing), and Prairie Lakes Health System. People like working in Watertown because of the Redlin Art Center and its small town feel. Overall, average weekly wages for most occupations and cost of living are lower in Watertown than in the rest of the US.