Watertown, SD — income, home value, property tax, and sales tax.
Households in ZIP code 57242, near Watertown, bring in a median income of $113,958, while per-capita income sits at $33,848 — a gap that hints at larger households or multiple earners sharing one address. A median home value of $177,100 carries a county property tax rate of 1.11%, so owners can gauge their yearly bill against that figure. Sales tax runs 5.20% on purchases, a cost that follows everyday spending rather than homeownership. With earnings this high against home values in that range, many here have room to save, invest, or absorb rising costs without straining.
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