Economy in Watertown, South Dakota
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Economy
| Unemployment Rate | 5.40% | 9.10% |
| Recent Job Growth | 0.66% | -0.12% |
| Future Job Growth | 35.92% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $22,849 | $27,067 |
| Household Income | $42,468 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.79% | 12.10% |
| Income between 15K and 25K | 13.40% | 10.18% |
| Income between 25K and 35K | 13.06% | 10.56% |
| Income between 35K and 50K | 17.51% | 14.98% |
| Income between 50K and 75K | 22.05% | 19.53% |
| Income between 75K and 100K | 8.96% | 12.52% |
| Income between 100K and 150K | 6.89% | 12.14% |
| Income between 150K and 250K | 2.04% | 3.91% |
| Income between 250K and 500K | 0.97% | 3.34% |
| Income greater than 500K | 0.34% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.32% | 13.81% |
| Professional and Related Occupations | 16.39% | 22.68% |
| Service | 14.96% | 14.51% |
| Sales and Office | 27.96% | 25.22% |
| Farming, Fishing, and Forestry | 1.49% | 0.68% |
| Construction, Extraction, and Maintenance | 7.93% | 9.37% |
| Production, Transportation, and Material Moving | 21.65% | 15.86% |
The unemployment rate in Watertown, SD, is 5.40%, with job growth of 0.66%. Future job growth over the next ten years is predicted to be 35.92%.
Watertown, SD Taxes
Watertown, SD,sales tax rate is 6.00%. Income tax is 0.00%.
Watertown, SD Income and Salaries
The income per capita is $22,849, which includes all adults and children. The median household income is $42,468.
Watertown Economy SperlingViews
A Generally good place to live: Watertown in general has alot of old people, if your in Downtown and watch cars go by it seems as though every other car has a elderly person in it. But apart from all... (read more)A wonderful place to live!: Twenty years ago, I moved from north of Minneapolis, MN (one hour) to Watertown, SD to take a teaching job. My goal was to teach two years and move back to MN! Twenty... (read more)Small City opportunity with the Big City quirks: I was born and raised in Watertown, SD, lived here for 14 years and then moved out to Rapid City and lived there for 5 years. Just came back to live here again and I... (read more)Have an opinion about Watertown? Leave a commentTo See All SperlingViews for Watertown Click Here