2025 Compare Cities Economy:
Watertown, SD vs Cedar Falls, IA

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Highlights
- Household income in Cedar Falls, is 18% more than it is in Watertown and is 3% below the National Average.
- Watertown unemployment rate is 3.5%.
- Cedar Falls unemployment rate is 3.3%.
 Watertown, SDCedar Falls, IAUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth25.8%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock7.4%4.6%
 Income per Cap.$32,547  Unlock$37,638
 Household Income  Unlock$66,838$69,021
 Family Median Income$75,493  Unlock$85,028
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 Est. Households By Income
 Watertown, SDCedar Falls, IAUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock9.5%8.1%
 Income between 30K and 40K10.7%  Unlock8.0%
 Income between 40K and 50K  Unlock7.1%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.7%9.6%
 Income between 75K and 100K14.4%  Unlock12.8%
 Income between 100K and 150K  Unlock18.4%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock8.6%9.5%
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 Population By Occupation
 Watertown, SDCedar Falls, IAUnited States
 Management, business, finance14.2%  Unlock16.4%
 Engineering, computers, science  Unlock6.1%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock1.1%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology5.3%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement3.1%  Unlock2.1%
 Food preparation, serving  Unlock10.9%5.4%
 Building maintenance2.8%  Unlock3.6%
 Personal care  Unlock4.7%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.6%  Unlock8.1%
 Production, transportation, material moving  Unlock10.7%13.1%
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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Reviews for Cedar Falls    7 Reviews

Over 8 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 12 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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