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2024 Compare Cities Economy:
Watertown, SD vs Savage, MN

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Highlights
- Household income in Savage, is 104% more than it is in Watertown and is 40% above the National Average.
- Watertown unemployment rate is 3.5%.
- Savage unemployment rate is 3.6%.

Economy
 Watertown, SDSavage, MNUnited States
 Unemployment Rate3.5%3.6%6.0%
 Recent Job Growth1.2%1.8%1.6%
 Future Job Growth25.8%38.2%33.5%
 Sales Taxes6.5%7.4%6.2%
 Income Taxes0.0%7.1%4.6%
 Income per Cap.$32,547$47,920$37,638
 Household Income$56,520$115,574$69,021
 Family Median Income$75,493$129,982$85,028
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 Est. Households By Income
 Watertown, SDSavage, MNUnited States
 Income Less Than 15K10.5%2.8%9.4%
 Income between 15K and 20K5.4%0.8%3.8%
 Income between 20K and 30K6.9%2.7%8.1%
 Income between 30K and 40K10.7%3.2%8.0%
 Income between 40K and 50K9.0%6.8%7.6%
 Income between 50K and 60K9.1%4.8%7.2%
 Income between 60K and 75K11.6%9.6%9.6%
 Income between 75K and 100K14.4%12.0%12.8%
 Income between 100K and 150K15.4%24.7%16.3%
 Income between 150K and 200K2.8%14.2%7.8%
 Income greater than 200K4.1%18.4%9.5%
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 Population By Occupation
 Watertown, SDSavage, MNUnited States
 Management, business, finance14.2%22.2%16.4%
 Engineering, computers, science4.2%8.8%6.5%
 Community, social services1.7%1.9%1.8%
 Legal0.3%1.0%1.2%
 Education, library5.2%6.7%6.2%
 Arts, design, media, sports, entertainment1.5%1.3%2.0%
 Healthcare practitioners and technology5.3%7.5%6.2%
 Healthcare support2.7%2.2%3.3%
 Firefighters, law enforcement3.1%1.3%2.1%
 Food preparation, serving4.6%3.9%5.4%
 Building maintenance2.8%2.4%3.6%
 Personal care3.0%3.5%2.6%
 Sales, office, administrative support21.9%20.7%20.9%
 Farming, fishing, forestry0.9%0.0%0.6%
 Construction, extraction, maintenance/repair6.6%5.4%8.1%
 Production, transportation, material moving22.0%11.3%13.1%

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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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Reviews for Savage    2 Reviews

Over 12 years ago

I like this metro area---most of the time. Lived here the last 30 years. I've been to 48 of the US States and to many foreign Countries. Is Minneapolis the best?   More

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We have lived in Savage, MN for 1 1/2 years now. We love how close we are to everything we need. Quick access to freeways and jobs. Drive time is nothing, which means  More

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ZIPS IN WATERTOWN, SOUTH DAKOTA
57201
ZIPS IN SAVAGE, MINNESOTA
55378

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