Groundwork

Beauty and personal care · Small-town market · South Dakota

Hair salons in the Watertown, SD area

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

Groundwork market score · out of 100

Score 37 out of 100: Lower middle

Ranked #420 of 538 scored small-town markets
#9 of 9 scored small-town markets based in South Dakota

Listings
39
7 chain locations (18%)
Official establishments
10
Businesses with payroll, 2023
Household spending a year
$11.7M
On personal care products and services · $936 a household
Spending per listing
$301K
30% below the U.S.
Listings per 10k households
31.1
33% above the U.S.
Population, 2025
29,562
+4.3% since 2020

See the hair salons around any address in the Watertown area

The site report maps the hair salons 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

The Watertown area scores 37 (lower middle) on the Groundwork market score for hair salons, ranking #420 of 538 scored small-town markets and #9 of 9 scored small-town markets based in South Dakota. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 39 hair salons in the Watertown area. 7 of them (18%) are chain locations, against 14% across the U.S. Per 10,000 households, that is 31.1, 33% above the U.S. rate of 23.4.

At $936 per household (7% below the U.S. average), households in the Watertown area spend about $11.7M a year on personal care products and services. That works out to $301K per salon, 30% below the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

The official count of businesses with payroll classed as beauty salons in the Watertown area was 10 in 2023. That is one for every 1,253 households, against one for every 1,535 across the U.S. Between 2020 and 2025, the population of the Watertown area grew 4.3%, faster than the U.S. (+3.1%).

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 personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in Watertown, SD area compared with South Dakota and the U.S.
MeasureWatertown areaSouth DakotaU.S.
Listings per 10k households31.120.023.4
Spending per listing$301K$492K$430K
Households per official establishment1,2532,2851,535
Official establishment growth, 2019–2023n/a−5.9%+6.0%
Population growth, 2020–2025+4.3%+5.3%+3.1%
Spending per household on personal care products and services$936$983$1,005
Median household income$72,727$75,081$80,734
Groundwork market score3771

Official counts and lending

Businesses

Official establishments, 2019 to 2023
10
Employees, 2023
46
Annual payroll, 2023
$1.7M
One-person businesses, 2023
78Businesses with no payroll
Map listings, September 2026
397 chain locations
Listings at the U.S. rate for this spending
27The 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 beauty salons 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 hair salons 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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Hair salons across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for hair salons, 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 hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Huron, SD83810.6$865K+2.4%#6 of 538
2Brookings, SD712215.9$601K+9.6%#47 of 538
3Yankton, SD682020.6$465K+1.5%#73 of 538
4Pierre, SD651315.2$662K−0.5%#88 of 538
5Spearfish, SD602823.2$408K+14.0%#155 of 538
6Aberdeen, SD574324.0$400K−1.5%#193 of 538
7Mitchell, SD502724.6$379K+0.6%#280 of 538
8Vermillion, SD471221.6$409K+0.2%#310 of 538
9Watertown, SD373931.1$301K+4.3%#420 of 538

Other business types in the Watertown area

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

Questions

How many hair salons are in the Watertown, SD area?

The Watertown area has 39 hair salons on map listings as of September 2026. 7 of them (18%) are chain locations. The listings count hair and beauty salons. Official counts show 10 businesses with payroll classed as beauty salons in 2023. Official counts also show 78 one-person businesses without payroll.

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

About $11.7M a year, or $936 per household. That is 7% below the U.S. average (an index of 93, where 100 is the U.S. average). Spread across the 39 hair salons on map listings, it comes to $301K per salon. The spending figure covers all personal care products and services, not only hair salons. 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 hair salons?

The Watertown area has 31.1 hair salons per 10,000 households, 33% above the U.S. rate of 23.4. Spending per salon is $301K, 30% below the U.S. figure of $430K. At the national ratio of hair salons to household spending, the Watertown area would have about 27, against 39 on map listings. There is one business with payroll in the industry for every 1,253 households, against one for every 1,535 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 37 for hair salons (lower middle), #420 of 538 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 hair salons 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 hair salons · 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.