Watseka, IL Profile: Facts & Data

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Watseka, Illinois - Basic Facts

The City of Watseka had a population of 4,592 as of July 1, 2023.

The primary coordinate point for Watseka is located at latitude 40.7761 and longitude -87.7364 in Iroquois County. The formal boundaries for the City of Watseka encompass a land area of 3.08 sq. miles and a water area of 0 sq. miles. Iroquois County is in the Central time zone (GMT -6).

The City of Watseka has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Watseka is located within Township of Middleport, a minor civil division (MCD) of Iroquois County.


Jump to... (On This Page!)
  1. Watseka 2023 Demographic Data
  2. Growth Rates for Watseka (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2023 Demographics
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Watseka, IL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 4,592 (100%)
Population in Households 4,494 (97.9%)
Population in Families 3,346 (72.9%)
Population in Group Quarters1 98 ( 2.1%)
Population Density 1,560
Diversity Index2 38
 
 

INCOME

Median Household Income $46,492
Average Household Income $63,371
% of Income for Mortgage4 13%
Per Capita Income $28,342
Wealth Index5 45
Socioeconomic Status Index6 Moderate (46.0)
 

HOUSING

Total HU (Housing Units) 2,443 (100%)
Owner Occupied HU 1,359 (55.6%)
Renter Occupied HU 692 (28.3%)
Vacant Housing Units 392 (16.0%)
Median Home Value $98,172
Average Home Value $146,431
Housing Affordability Index3 160
 

HOUSEHOLDS

Total Households 2,051
Average Household Size 2.19
Family Households 1,146
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.58% -0.39%
Households -0.18% -0.10%
Families   -0.18%
Median Household Income   1.99%
Per Capita Income   2.61%
Owner Occupied HU   0.29%

Watseka, IL - Peer Comparisons by Rank and Percentile

The table below compares Watseka to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 353 76th
Population Density # 390 73rd
Median Household Income # 1331 9th
Housing Affordability Index # 893 61st
Per Capita Income # 1239 15th
Diversity Index # 404 72nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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