Watertown anchors northeastern South Dakota's lake region with an agricultural-processing and healthcare economy. Codington County's property tax rate is close to Aberdeen's.
Recommended for incomes above $70k/yr (28% DTI rule)
Watertown housing market
The 1.3% property tax rate reflects the county-level effective rate for Watertown and is used to calculate your monthly tax escrow above. This rate may differ from the statewide South Dakota average — county-level data produces more accurate monthly payment estimates for Watertown buyers. Many Watertown properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.
Rate history
Compare statewide
South Dakota Mortgage Calculator →
See statewide averages and other South Dakota cities.
Not sure what to offer?
Try the Affordability Calculator →
Find your max home price based on income and debts.
Comparing loan offers?
Mortgage Comparison Worksheet →
Line up lender quotes side by side in a free spreadsheet.
FAQ