Waterman, IL Profile: Facts & Data

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Waterman, Illinois - Basic Facts

The Village of Waterman had a population of 1,440 as of July 1, 2019.

The primary coordinate point for Waterman is located at latitude 41.7717 and longitude -88.7737 in DeKalb County. The formal boundaries for the Village of Waterman encompass a land area of 1.47 sq. miles and a water area of 0 sq. miles. DeKalb County is in the Central time zone (GMT -6). The elevation is 827 feet.

The Village of Waterman (GNIS ID: 2400104) 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 Village of Waterman is located within Township of Clinton, a minor civil division (MCD) of DeKalb County.


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  1. Waterman 2019 Demographic Data
  2. Growth Rates for Waterman (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Waterman, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Waterman, IL Housing Affordability Index is 193
State of Illinois Housing Affordability Index is 119
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.

WEALTH INDEX

Waterman, IL Wealth Index is 86
State of Illinois Wealth Index is 105
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Illinois address.

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POPULATION

Total Population 1,440
Population in Households 1,440
Population in Familes 1,229
Population in Group Qrtrs 0
Population Density 993
Diversity Index1 23
 

INCOME

Median Household Income $71,608
Average Household Income $85,381
Per Capita Income $32,357
Wealth Index3 86

HOUSING

Total Housing Units 601 (100%)
Owner Occupied HU 357 (59.4%)
Renter Occupied HU 178 (29.6%)
Vacant Housing Units 66 (11.0%)
Median Home Value $182,477
Housing Affordability Index2 193
 

HOUSEHOLDS

Total Households 535
Average Household Size 2.69
Family Households 395
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.55% -0.92%
Households -0.42% -0.76%
Families -0.27% -0.88%
Median Household Income   2.22%
Per Capita Income   2.97%

Waterman, IL - Peer Comparisons by Rank and Percentile

The table below compares Waterman to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 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 # 595 57th
Population Density # 745 46th
Diversity Index # 444 68th
Median Household Income # 347 75th
Per Capita Income # 464 66th

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

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