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Watertown city, South Dakota Demographics & Population 2026

5th Largest5th most populous city in South Dakota

As of 2026, Watertown city, South Dakota has a total population of 22,859, the 5th largest city in South Dakota, with a median household income of $62,721, which is 13% lower than the state average. The poverty rate is 10.7%.

Key Takeaways

Watertown city Quick Facts

Population 22,859
Median Household Income $62,721
Median Home Value $212,300
Poverty Rate 10.7%
Unemployment Rate 2.0%
Median Age 39.4 years
Homeownership Rate 62.7%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 21.2%
High School Graduation Rate 91.4%
Diversity Index 19/100
Population 22,859 5th of 439
Median Income $62,721 average
Poverty Rate 10.7% 14% lower national
Median Home Value $212,300 top 20%

How Watertown city Compares

Economy & Housing

Employment

2.0% Unemployment Rate State: 3.0% | National: 5.2%
67.4% Labor Force Participation

Housing Overview

Owner 62.7%
Renter 37.3%
Affordability Index Affordable
3.4x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 33 | National average: 60

Education

Watertown city Rankings in South Dakota

#5 Population of 439
#153 Median Income of 439
#170 Education of 439
#57 Home Value of 439

Other Cities in Codington County

CityPopulationMedian IncomePovertyHome Value
Florence town 289 $69,531 11.3% $137,500
Henry town 246 $27,254 3.7% $85,100
South Shore town 232 $56,667 26.3% $82,800
Kranzburg town 174 $60,625 10.3% $123,300
Wallace town 67 $53,750 3.0% $85,600

Cities Similar to Watertown city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brookings city23,710$61,979$243,60049.7%16.1%
Aberdeen city28,297$63,715$205,50033.6%12.9%
Mitchell city15,637$56,374$182,00025.7%14.1%
Yankton city15,501$69,071$202,30030.2%10.9%
Huron city14,347$51,556$164,70027.0%16.4%

Population Overview

Watertown city is a small city located in South Dakota, within Codington County. The total population is 22,859. It ranks as the 5th most populous out of 439 cities and towns in South Dakota.

Age Demographics

The median age in Watertown city is 39.4 years. This is 5% higher than the state median of 37.7 years.

Economy, Income & Housing

The median household income in Watertown city is $62,721. This is 13% lower than the state median of $72,421. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 10.7%. This is 11% lower than the state poverty rate of 12.0%. The unemployment rate is 2.0%. This is 34% lower than the state rate of 3.0%. The median home value is $212,300. Housing costs are 10% lower than the state median of $236,800. The home-value-to-income ratio is 3.4x. 62.7% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 68.6%.

Race & Ethnicity

Watertown city has a predominantly White (non-Hispanic) population, comprising 89.9% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.9%) is well below the state average of 2.2%. The Asian population (0.6%) is well below the state average of 1.4%.

Education

21.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 31.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.4%.

Data Sources & Methodology

All demographic data for Watertown city, South Dakota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against South Dakota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 439 Census-designated places in South Dakota. For official data, visit data.census.gov.

Free data download: Get all South Dakota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Watertown city, South Dakota?

Watertown city, South Dakota has a population of 22,859 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Watertown city, SD?

The median household income in Watertown city is $62,721, which is 20% lower the national median of $78,538.

What is the poverty rate in Watertown city, SD?

The poverty rate in Watertown city is 10.7%. This means approximately 2,404 residents live below the federal poverty line.

What is the racial makeup of Watertown city, South Dakota?

Watertown city's population is 89.9% White, 0.9% Black, 3.4% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Watertown city, SD?

The median home value in Watertown city is $212,300. The home-value-to-income ratio is 3.4x.

How educated is Watertown city, South Dakota?

21.2% of adults (25+) in Watertown city hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.