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Economy in Watertown, South Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyWatertown, SDUnited States
Unemployment Rate5.40%9.10%
Recent Job Growth0.66%-0.12%
Future Job Growth35.92%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$22,849$27,067
Household Income$42,468$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.79%12.10%
Income between 15K and 25K13.40%10.18%
Income between 25K and 35K13.06%10.56%
Income between 35K and 50K17.51%14.98%
Income between 50K and 75K22.05%19.53%
Income between 75K and 100K8.96%12.52%
Income between 100K and 150K6.89%12.14%
Income between 150K and 250K2.04%3.91%
Income between 250K and 500K0.97%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.32%13.81%
Professional and Related Occupations16.39%22.68%
Service14.96%14.51%
Sales and Office27.96%25.22%
Farming, Fishing, and Forestry1.49%0.68%
Construction, Extraction, and Maintenance7.93%9.37%
Production, Transportation, and Material Moving21.65%15.86%
Median Household Income

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