Groundwork

Child care · Small-town market · South Dakota

Child care centers and preschools in the Watertown, SD area

Competitor counts, household spending and official business counts for child care centers and preschools in the Watertown, SD area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 64 out of 100: Upper middle

Ranked #118 of 454 scored small-town markets
#1 of 6 scored small-town markets based in South Dakota

Listings
6
1 chain location (17%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$4.3M
On child care and other personal services · $347 a household
Spending per listing
$723K
28% below the U.S.
Listings per 10k households
4.8
17% below the U.S.
Population, 2025
29,562
+4.3% since 2020

See the child care centers and preschools around any address in the Watertown area

The site report maps the child care centers and preschools on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Watertown area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 6 child care centers and preschools in the Watertown area. One of them (17%) is a chain location, against 12% across the U.S. That is 4.8 per 10,000 households, 17% below the U.S. rate of 5.8.

Households in the Watertown area spend about $4.3M a year on child care and other personal services, or $347 per household, 40% below the U.S. average. That is about $723K of household spending for each center on map listings, 28% below the U.S. figure of $1M.

In 2023, official counts showed 3 businesses with payroll in the Watertown area classed as child care services. That is one for every 4,175 households, against one for every 1,573 across the U.S. Another 102 one-person businesses have no payroll, by official counts.

Between 2020 and 2025, the population of the Watertown area grew 4.3%, faster than the U.S. (+3.1%). For child care centers and preschools, the Watertown area has a Groundwork market score of 64 (upper middle): #118 of 454 scored small-town markets and #1 of 6 scored small-town markets based in South Dakota.

How the Watertown area compares

The same measures for South Dakota and the whole U.S. Spending per listing divides a year of household spending on all child care and other personal services by the child care centers and preschools counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Child care and preschools in Watertown, SD area compared with South Dakota and the U.S.
MeasureWatertown areaSouth DakotaU.S.
Listings per 10k households4.86.75.8
Spending per listing$723K$598K$1M
Households per official establishment4,1751,3061,573
Official establishment growth, 2019–2023n/a+11.6%+5.7%
Population growth, 2020–2025+4.3%+5.3%+3.1%
Spending per household on child care and other personal services$347$399$581
Median household income$72,727$75,081$80,734
Groundwork market score6426

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
24
Annual payroll, 2023
$558K
One-person businesses, 2023
102Businesses with no payroll
Map listings, September 2026
61 chain location
Listings at the U.S. rate for this spending
4The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as child care services in the Watertown area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Watertown area

Population, 2025 estimate
29,562+4.3% since 2020
Households
12,526
Median age
39.5
Homes lived in by their owners
70%
Vehicles per household
2.1
Land area
688 sq. mi.
People per square mile
42
Median household income
$72,727
Average household income
$90,805
Median home value
$237,700
Jobs located here
16,302
Daytime population
29,337Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Watertown area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the child care centers and preschools on map listings by name and distance.

Or open the report at the center of the Watertown area. Signed out, you see a blurred preview; on an account, each report is one action.

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Child care and preschools across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for child care centers and preschools, numbered among those based in South Dakota, with the Watertown area marked.

Top small-town markets in South Dakota

Small-town markets in South Dakota ranked for child care centers and preschools by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Watertown, SD6464.8$723K+4.3%#118 of 454
2Spearfish, SD5465.0$749K+14.0%#201 of 454
3Aberdeen, SD40147.8$501K−1.5%#318 of 454
4Mitchell, SD3754.6$774K+0.6%#333 of 454
5Brookings, SD37118.0$470K+9.6%#341 of 454
6Pierre, SD2689.4$439K−0.5%#403 of 454

Other business types in the Watertown area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many child care centers and preschools are in the Watertown, SD area?

There are 6 child care centers and preschools on map listings in the Watertown area as of September 2026. One of them (17%) is a chain location. The listings count day care centers and preschools. Official counts show 3 businesses with payroll classed as child care services in 2023. Official counts list 102 one-person businesses without payroll.

How much do households in the Watertown, SD area spend on child care and other personal services?

About $4.3M a year, or $347 per household. That is 40% below the U.S. average (an index of 60, where 100 is the U.S. average). Spread across the 6 child care centers and preschools on map listings, it comes to $723K per center. It is estimated from the incomes of the 12,526 households in the Watertown area and national spending patterns by income.

How does the Watertown, SD area compare with the U.S. for child care centers and preschools?

The Watertown area has 4.8 child care centers and preschools per 10,000 households, 17% below the U.S. rate of 5.8. Spending per center is $723K, 28% below the U.S. figure of $1M. At the national ratio of child care centers and preschools to household spending, the Watertown area would have about 4, against 6 on map listings. There is one business with payroll in the industry for every 4,175 households, against one for every 1,573 across the U.S.

How fast is the Watertown, SD area growing?

Population estimates put the Watertown area at 29,562 people in 2025, up 4.3% since 2020, faster than the U.S. (+3.1%). It has 12,526 households. The median household income in the Watertown area is $72,727 a year, 10% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Watertown area scores 64 for child care centers and preschools (upper middle), #118 of 454 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Watertown area. It maps the child care centers and preschools on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for child care centers and preschools · All 56 business types in the Watertown area

Screening a site or an acquisition in the Watertown area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Watertown area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.