How many renters in Watertown, SD pay more than 30% of their income on rent?
35.9% (±6.5 points) of renting households in Watertown, SD spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
27.9% spend 35% or more.
The median renting household spends 23.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 35.9% (±6.5 points)
- Paying 35% or more
- 27.9% (±5.3 points)
- Median share of income
- 23.9% (±1.6 points)
Rent as a share of income in Watertown
| Share of income spent on rent | Watertown | Codington County | South Dakota | United States |
|---|---|---|---|---|
| Less than 15% | 18.7% (±5.3 points) | 18.7% | 18.6% | 12.6% |
| 15% to 19.9% | 16.7% (±5.0 points) | 16.8% | 15.2% | 12.2% |
| 20% to 24.9% | 18.5% (±4.9 points) | 18.1% | 14.0% | 12.6% |
| 25% to 29.9% | 10.2% (±5.4 points) | 10.1% | 12.4% | 11.5% |
| 30% to 34.9% | 8.0% (±3.7 points) | 7.8% | 9.3% | 9.2% |
| 35% or more | 27.9% (±5.3 points) | 28.4% | 30.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Watertown against Codington County, its state and the nation
| Watertown | Codington County | South Dakota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 35.9% (±6.5 points) | 36.2% (±6.3 points) | 39.7% (±1.5 points) | 51.1% |
| Paying 35% or more | 27.9% (±5.3 points) | 28.4% (±5.2 points) | 30.4% (±1.2 points) | 41.9% |
| Median share of income | 23.9% (±1.6 points) | 24.0% (±1.6 points) | 25.9% (±0.6 points) | 30.6% |
| Median renter household income | $45,927 (±$1,856) | $45,702 (±$2,161) | $45,599 (±$1,257) | $52,966 |
| Median gross rent | $942 (±$47) | $938 (±$46) | $946 (±$11) | $1,413 |
In Watertown, the share of renters paying 30% or more of income is not measurably different from Codington County (36.2%).
It is not measurably different from South Dakota (39.7%).
It is lower than the national figure (51.1%).
In Codington County, Watertown ranks 6 of 14 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 187 of 550.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Watertown
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Watertown | — | 35.9% (±6.5 points) | — |
| Pelican Township | 5.2 mi | 100.0% (±76.7 points) | Not measurably different |
| Sheridan Township | 6.7 mi | 0.0% (±141.4 points) | Not measurably different |
| Fuller Township | 9.3 mi | 0.0% (±141.4 points) | Not measurably different |
| Castlewood Township | 11 mi | 40.0% (±95.0 points) | Not measurably different |
| Oxford Township | 11 mi | 0.0% (±91.9 points) | Not measurably different |
| Kranzburg Township | 11 mi | 27.3% (±96.3 points) | Not measurably different |
| Kranzburg | 12 mi | 72.2% (±86.1 points) | Not measurably different |
| Graceland Township | 13 mi | 60.0% (±116.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Codington County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Henry | 100.0% (±141.4 points) |
| 1 (tie) | Pelican Township | 100.0% (±76.7 points) |
| 3 | Kranzburg | 72.2% (±86.1 points) |
| 4 | Graceland Township | 60.0% (±116.6 points) |
| 5 | South Shore | 40.0% (±99.5 points) |
| 6 | Watertown | 35.9% (±6.5 points) |
| 7 | Kranzburg Township | 27.3% (±96.3 points) |
| 8 | Wallace | 16.7% (±107.4 points) |
| 9 | Florence | 5.9% (±66.3 points) |
| 10 (tie) | Eden Township (Codington County) | 0.0% (±139.0 points) |
| 10 (tie) | Fuller Township | 0.0% (±141.4 points) |
| 10 (tie) | Henry Township (Codington County) | 0.0% (±141.4 points) |
Showing 12 of 14 places in Codington County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Watertown
Are renters in Watertown rent-burdened?
35.9% of renting households in Watertown pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Watertown spend on rent?
The median renting household in Watertown, SD spends 23.9% (±1.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watertown city, South Dakota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Watertown city, South Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Watertown city, South Dakota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Watertown city, South Dakota (place:69300, in state:46).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Housing data for every place in South Dakota