Groundwork

Health care · Small-town market · South Dakota

Medical and dental practices in the Watertown, SD area

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

Groundwork market score · out of 100

Score 46 out of 100: Lower middle

Ranked #314 of 538 scored small-town markets
#6 of 9 scored small-town markets based in South Dakota

Listings
104
11 chain locations (11%)
Official establishments
58
+16.0% since 2019
Household spending a year
$16.7M
On medical and dental services · $1,333 a household
Spending per listing
$161K
5% above the U.S.
Listings per 10k households
83.0
2% below the U.S.
Population, 2025
29,562
+4.3% since 2020

See the medical and dental practices around any address in the Watertown area

The site report maps the medical and dental practices 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

At $1,333 per household (3% above the U.S. average), households in the Watertown area spend about $16.7M a year on medical and dental services. That is about $161K of household spending for each practice on map listings, 5% above the U.S. figure of $152K.

The Watertown area has 104 medical and dental practices on map listings as of September 2026. 11 of them (11%) are chain locations, against 11% across the U.S. Per 10,000 households, that is 83.0, 2% below the U.S. rate of 84.5.

The official count of businesses with payroll classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers in the Watertown area was 58 in 2023, up 16.0% from 2019. That is one for every 216 households, against one for every 270 across the U.S. Official counts list 27 one-person businesses without payroll. Since fiscal 2022, 1 SBA-backed loan worth $2.1M has gone to businesses classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers in the Watertown area.

Between 2020 and 2025, the population of the Watertown area grew 4.3%, faster than the U.S. (+3.1%). The Groundwork market score for medical and dental practices in the Watertown area is 46 (lower middle), #314 of 538 scored small-town markets and #6 of 9 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 medical and dental services by the medical and dental practices counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Doctors, dentists and clinics in Watertown, SD area compared with South Dakota and the U.S.
MeasureWatertown areaSouth DakotaU.S.
Listings per 10k households83.074.684.5
Spending per listing$161K$188K$152K
Households per official establishment216312270
Official establishment growth, 2019–2023+16.0%+12.3%+1.5%
Population growth, 2020–2025+4.3%+5.3%+3.1%
Spending per household on medical and dental services$1,333$1,402$1,288
Median household income$72,727$75,081$80,734
Groundwork market score4677

Official counts and lending

Businesses

Official establishments, 2019 to 2023
58+16.0% over the period
Employees, 2023
522
Annual payroll, 2023
$28.4M
One-person businesses, 2023
27Businesses with no payroll
Map listings, September 2026
10411 chain locations
Listings at the U.S. rate for this spending
110The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$2.1M

SBA-backed loans to businesses classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers 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 medical and dental practices 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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Doctors, dentists and clinics across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for medical and dental practices, 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 medical and dental practices by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Huron, SD863343.8$302K+2.4%#8 of 538
2Vermillion, SD722545.1$284K+0.2%#68 of 538
3Brookings, SD718863.8$214K+9.6%#82 of 538
4Mitchell, SD586458.3$228K+0.6%#184 of 538
5Yankton, SD49100103.1$132K+1.5%#283 of 538
6Watertown, SD4610483.0$161K+4.3%#314 of 538
7Spearfish, SD46132109.5$125K+14.0%#319 of 538
8Pierre, SD457486.6$167K−0.5%#328 of 538
9Aberdeen, SD4214379.8$173K−1.5%#347 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 medical and dental practices are in the Watertown, SD area?

Map listings as of September 2026 show 104 medical and dental practices in the Watertown area. 11 of them (11%) are chain locations. The listings count every outpatient clinic and practice, and urgent care. Official counts show 58 businesses with payroll classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers in 2023, up 16.0% from 2019. Official counts also show 27 one-person businesses without payroll.

How much do households in the Watertown, SD area spend on medical and dental services?

About $16.7M a year, or $1,333 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). Spread across the 104 medical and dental practices on map listings, it comes to $161K per practice. 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 medical and dental practices?

The Watertown area has 83.0 medical and dental practices per 10,000 households, 2% below the U.S. rate of 84.5. Spending per practice is $161K, 5% above the U.S. figure of $152K. At the U.S. ratio of medical and dental practices to household spending, the Watertown area would have about 110, against 104 on map listings. There is one business with payroll in the industry for every 216 households, against one for every 270 across the U.S. The official count rose 16.0% from 2019 to 2023, against +1.5% 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 46 for medical and dental practices (lower middle), #314 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 medical and dental practices 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 medical and dental practices · 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.