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The total population of Watertown is estimated to be 22,718 with 11,467 males (50.48%) and 11,251 females (49.52%). There are 216 less females than males in Watertown.
The median household income in Watertown was $61,093 in 2021, which marked an an increase of 2,005(3.39%) from $59,088 in 2020. This income is 81.89% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Watertown sees its highest median household income among householders in the age group of 45 to 64 years old, at $75,342. Overall, the median household income for the city of Watertown stands at $61,093.
In Watertown, the median income for all workers aged 15 years and older, regardless of work hours, was $45,818 for males and $25,971 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,887 for males and $40,434 for females.
In Watertown, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $98,633, while White households have a median household income of $60,734.
In 2022, the population of Watertown was 23,019, a 1.06% increase year-by-year from 2021. Previously, in 2021, Watertown's population was 22,778, an increase of 0.45% compared to a population of 22,675 in 2020.
The median age in Watertown, SD is 38.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.53% were under the age of 15, 20.01% aged 15 to 29, 42.58% aged 30 to 64, 14.87% aged 65 to 84, and 3.01% were 85 years of age and older.
Racial distribution of Watertown population: 91.75% are White, 1.16% are Black or African American, 2.45% are American Indian and Alaska Native, 0.70% are Asian, 0.50% are some other race and 3.44% are multiracial.