Watertown, SD — income, home value, property tax, and sales tax.
In ZIP 57265, near Watertown, the median home value of $114,600 pairs with a county effective property tax rate of 0.91%, yielding an annual tax bill of roughly $1,043. Against a median household income of $69,519, that works out to about 1.5% of yearly earnings, a light load by national standards. Per-capita income stands at $32,334. A combined sales tax rate of 4.20% keeps everyday purchases inexpensive. Low home prices and low taxes together mean buyers here keep far more of each paycheck than they would in costlier markets.
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