Business Benefits
NO
State
Income tax
NO
Corporate
Income tax
NO
Personal
Property tax
Companies who do business in Watertown, South Dakota can take advantage of low taxes, competitive incentives and a workforce work ethic that’s second to none. Thanks to our business-friendly climate and low utilities, you can increase your bottom line when you make the move to Watertown.
Watertown Development Company offers services and programs designed to make relocation, expansion, or start-up as seamless and successful as possible by:
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Providing comprehensive general data and custom demographic and market reports
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Strengthening and enhancing regional business infrastructure
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Assisting with applications, setup, and navigation of incentive programs, grants, and workforce training opportunities
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Connecting businesses with financial institutions, regulatory agencies, and strategic partners
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Coordinating build-to-suit and site development projects
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Delivering custom proposals, in-depth research, and labor market analysis
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Supporting workforce recruitment and talent attraction efforts
City Data
Explore key statistics about the City of Watertown, including population, community size, demographics, and other essential data that help paint a clear picture of the area.
Sites & Buildings
Discover shovel-ready sites and modern infrastructure designed to support growth, expansion, and long-term business success in Watertown.
Key Industries
Watertown’s economy is driven by strong, diverse industries including value-added agriculture, healthcare, and advanced manufacturing.
incentives & financing
Our strong relationships with local lenders and the South Dakota Governor’s Office of Economic Development allow us to help you identify and secure the right financing solutions for your business.