Economy & Jobs — Watertown, South Dakota

Income & Employment

Median Household Income (Census)$69,600
Estimated 2026~$71,500
Per Capita Income$37,225
Poverty Rate9.0%
Unemployment Rate1.8%
In Labor Force12,404

Top Industries

IndustryShare
Education Healthcare20.3%
Manufacturing17.7%
Retail13.4%

Local Businesses (County)

TypeCount
Full Service Restaurants30
Insurance Agencies29
Real Estate Offices24
Dental Offices23
Fast Food21
Gas Stations18
Law Offices18
Physician Offices17
Auto Repair16
Commercial Banks16
Hotels Motels14
Bars13
Beauty Salons9
Chiropractors9
Accounting Firms7
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.