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Home services · Small-town market · South Dakota

Home repair companies in the Watertown, SD area

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

Groundwork market score · out of 100

Score 34 out of 100: Lower middle

Ranked #444 of 526 scored small-town markets
#6 of 9 scored small-town markets based in South Dakota

Listings
29
2 chain locations (7%)
Official establishments
26
−13.3% since 2019
Household spending a year
$32.2M
On home repairs, maintenance and insurance · $2,573 a household
Spending per listing
$1.1M
54% below the U.S.
Listings per 10k households
23.2
87% above the U.S.
Population, 2025
29,562
+4.3% since 2020

See the home repair companies around any address in the Watertown area

The site report maps the home repair companies 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

For home repair companies, the Watertown area has a Groundwork market score of 34 (lower middle): #444 of 526 scored small-town markets and #6 of 9 scored small-town markets based in South Dakota. That puts it in the bottom quarter of small-town markets.

Households in the Watertown area spend about $32.2M a year on home repairs, maintenance and insurance, or $2,573 per household, 15% below the U.S. average. Spread across 29 home repair companies, that is $1.1M per company, 54% below the U.S. figure of $2.4M.

The Watertown area has 29 home repair companies on map listings as of September 2026. Chain locations make up 7% of them, against 4% across the U.S. Per 10,000 households, that is 23.2, 87% above the U.S. rate of 12.4.

The official count of businesses with payroll classed as plumbing, HVAC, electrical and roofing contractors in the Watertown area was 26 in 2023, down 13.3% from 2019. That is one for every 482 households, against one for every 587 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $741K has gone to businesses classed as plumbing, HVAC, electrical and roofing contractors in the Watertown area. Population estimates show the Watertown area grew 4.3% from 2020 to 2025, 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 home repairs, maintenance and insurance by the home repair companies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Home repair trades in Watertown, SD area compared with South Dakota and the U.S.
MeasureWatertown areaSouth DakotaU.S.
Listings per 10k households23.215.212.4
Spending per listing$1.1M$1.8M$2.4M
Households per official establishment482432587
Official establishment growth, 2019–2023−13.3%+10.4%+9.6%
Population growth, 2020–2025+4.3%+5.3%+3.1%
Spending per household on home repairs, maintenance and insurance$2,573$2,698$3,018
Median household income$72,727$75,081$80,734
Groundwork market score3426

Official counts and lending

Businesses

Official establishments, 2019 to 2023
26−13.3% over the period
Employees, 2023
259
Annual payroll, 2023
$16.6M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
292 chain locations
Listings at the U.S. rate for this spending
13The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$741K

SBA-backed loans to businesses classed as plumbing, HVAC, electrical and roofing contractors 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 home repair companies 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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Home repair trades across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for home repair companies, 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 home repair companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Vermillion, SD46610.8$2.2M+0.2%#311 of 526
2Brookings, SD461913.8$1.9M+9.6%#317 of 526
3Huron, SD44911.9$2.1M+2.4%#338 of 526
4Yankton, SD351616.5$1.6M+1.5%#433 of 526
5Spearfish, SD352419.9$1.3M+14.0%#435 of 526
6Watertown, SD342923.2$1.1M+4.3%#444 of 526
7Mitchell, SD272018.2$1.4M+0.6%#492 of 526
8Pierre, SD242428.1$981K−0.5%#511 of 526
9Aberdeen, SD233318.4$1.4M−1.5%#514 of 526

Other business types in the Watertown area

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

Questions

How many home repair companies are in the Watertown, SD area?

Map listings as of September 2026 show 29 home repair companies in the Watertown area. 2 of them (7%) are chain locations. The listings count HVAC, plumbing, electrical, roofing and gutter companies. Official counts show 26 businesses with payroll classed as plumbing, HVAC, electrical and roofing contractors in 2023, down 13.3% from 2019.

How much do households in the Watertown, SD area spend on home repairs, maintenance and insurance?

About $32.2M a year, or $2,573 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). Spread across the 29 home repair companies on map listings, it comes to $1.1M per company. 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 home repair companies?

The Watertown area has 23.2 home repair companies per 10,000 households, 87% above the U.S. rate of 12.4. Spending per company is $1.1M, 54% below the U.S. figure of $2.4M. At the U.S. ratio of home repair companies to household spending, the Watertown area would have about 13, against 29 on map listings. There is one business with payroll in the industry for every 482 households, against one for every 587 across the U.S. The official count fell 13.3% from 2019 to 2023, against +9.6% for 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 34 for home repair companies (lower middle), #444 of 526 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 home repair companies 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 home repair companies · 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.