Median real estate price in the City Center of Watertown is $214,627, which is more expensive than 30.6% of the neighborhoods in South Dakota and 22.1% of the neighborhoods in the U.S.
The average rental price in Watertown City Center is currently $999, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 73.0% of South Dakota neighborhoods.
Watertown City Center is a suburban neighborhood (based on population density) located in Watertown, South Dakota.
Real estate in the City Center of Watertown, SD is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Watertown City Center are 3.0%, which is lower than one will find in 79.1% of American neighborhoods. Demand for real estate in Watertown City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Watertown City Center neighborhood stands out for its commute length, according to Ä¢¹½ÊÓÆµ's analysis. Residents of the Watertown City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 75.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than Ä¢¹½ÊÓÆµ found in 99.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
One of the most interesting things about the Watertown City Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 55.2% of the households here made up of people living alone, Ä¢¹½ÊÓÆµ's research reveals that this is a larger proportion of people living alone than in 97.6% of the neighborhoods in America.
In addition, the Watertown City Center neighborhood is unique for having just 5.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than Ä¢¹½ÊÓÆµ found in 96.8% of America's neighborhoods.
Did you know that the Watertown City Center neighborhood has more Swedish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.3% of this neighborhood's residents have Swedish ancestry and 6.5% have Dutch ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Watertown are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 90.5% of U.S. neighborhoods. In addition, 2.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.6% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Watertown City Center neighborhood, 37.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.3%), and 12.6% in executive, management, and professional occupations.
The most common language spoken in the Watertown City Center neighborhood is English, spoken by 98.4% of households. Some people also speak Polish (2.9%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the City Center neighborhood in Watertown, SD, residents most commonly identify their ethnicity or ancestry as German (41.4%). There are also a number of people of Swedish ancestry (10.3%), and residents who report Norwegian roots (9.2%), and some of the residents are also of Irish ancestry (8.9%), along with some Dutch ancestry residents (6.5%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Watertown City Center neighborhood spend under 15 minutes commuting one-way to work (75.8% of working residents), one of the shortest commutes across America.
Here most residents (80.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.