2025 Compare Cities Economy:
Lake Mills, WI vs Watertown, SD

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Highlights
- Household income in Watertown, is 22% less than it is in Lake Mills and is 22% below the National Average.
- Lake Mills unemployment rate is 4.4%.
- Watertown unemployment rate is 3.5%.
 Lake Mills, WIWatertown, SDUnited States
 Unemployment Rate  Unlock3.5%6.0%
 Recent Job Growth  Unlock1.2%1.6%
 Future Job Growth31.3%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$35,957  Unlock$37,638
 Household Income  Unlock$56,520$69,021
 Family Median Income$86,557  Unlock$85,028
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 Est. Households By Income
 Lake Mills, WIWatertown, SDUnited States
 Income Less Than 15K  Unlock10.5%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock6.9%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock9.0%7.6%
 Income between 50K and 60K4.9%  Unlock7.2%
 Income between 60K and 75K  Unlock11.6%9.6%
 Income between 75K and 100K18.5%  Unlock12.8%
 Income between 100K and 150K  Unlock15.4%16.3%
 Income between 150K and 200K10.8%  Unlock7.8%
 Income greater than 200K  Unlock4.1%9.5%
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 Population By Occupation
 Lake Mills, WIWatertown, SDUnited States
 Management, business, finance16.3%  Unlock16.4%
 Engineering, computers, science  Unlock4.2%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library6.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology8.1%  Unlock6.2%
 Healthcare support  Unlock2.7%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock4.6%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support17.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.9%0.6%
 Construction, extraction, maintenance/repair7.4%  Unlock8.1%
 Production, transportation, material moving  Unlock22.0%13.1%
Reviews for Lake Mills    2 Reviews

Winter goes a good five or six months ... as I get older it seems to get tougher to take.... The spring, summer and fall here is quite nice and the city of Lake Mills  More

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Over 16 years ago

Nice place to live if you dont mind paying the highest taxes in the usa.has good schools for kids if you have some. But that is all payed for in protery taxes. I like  More

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Reviews for Watertown    5 Reviews

Let me start by saying that I've lived all over the US and spent 3 years in Watertown. On the positive side, Watertown has a lot to offer for a town of 22,000 people.   More

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Many lakes with in driving distances and many public hunting areas but if your looking for the night life its not here this is a small town  More

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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  More

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