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Watertown
Watertown
South Dakota
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Watertown is a city in and the county seat of Codington County, South Dakota, United States. The population was 21,482 at the 2010 census. It is the fifth largest city in South Dakota. It is also the principal city of the Watertown Micropolitan Statistical Area, which includes all of Codington and Hamlin counties. Watertown is home to the Redlin Art Center which houses many of the original art works produced by Terry Redlin, one of America's most popular wildlife artists. Watertown also is home to the Bramble Park Zoo and the Watertown Regional Library. The Watertown Public Opinion is a six-day daily newspaper published in Watertown. Watertown's residential real estate is considered the most expensive in South Dakota for cities of its size; the median price for a home in Watertown is around $200,000.

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Taxes

A

How did South Dakota earn the grade of A? We examined the state taxes based on how age friendly they are. South Dakota has a state sales tax of 4.50%. Of particular interest is that South Dakota does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. South Dakota has an effective property tax rate of 1.32%. Weighing these taxes and other taxes most likely to impact the aging population is how South Dakota earned its state tax grade of A.

Learn more about taxes in South Dakota

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