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CITY · 2020 ACS

Waterman

Illinois · 1,433 residents · 1.498 sq mi
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The short version

Waterman is wealthier than most US places, with a median household income of $82,500. Population has grown 17% since 2000. Median home value is $173,600.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 37.3
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
More affordable
home values down 9%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,433
+17%since 2000
from 1,224 in 2000
1990 – 2025
Population density
957 / sq mi
+17%since 2000
from 817 / sq mi in 2000
US average: 280
Median age
37.3
+6%since 2000
from 35.1 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K1K1K2K1990201020202024Waterman
20241K
1990201020202024
Section 02

Income & economy

Median household income
$82,500
+16%inflation adjusted, since 2000
from $47,500 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,742
+63%since 2000
from $18,836 in 2000
US average: $35,364
Households earning $100K+
52.5%
+17.2 ptssince 2009
from 35.3% in 2009
US average: 43.9%
Poverty rate
9.4%
+3.3 ptssince 2000
from 6.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21%
US avg: 10%
Information8.9%
US avg: 11.1%
Finance & insurance6.9%
US avg: 5.5%
Professional, scientific, technical6.4%
US avg: 4.7%
Wholesale trade5.1%
US avg: 6.7%
Other services2.8%
US avg: 6.6%
Arts, entertainment, food2.4%
US avg: 2%
Agriculture, forestry, fishing2.2%
US avg: 1.7%
Construction2.2%
US avg: 1.2%
Public administration1.8%
US avg: 4.7%
Transportation & warehousing1.6%
US avg: 2.5%
Education & health services0.5%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$173,600
−9%inflation adjusted, since 2000
from $127,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$768
−11%inflation adjusted, since 2000
from $577 in 2000
US average: $1,124
Owner-occupied
75.2%
−0.9 ptssince 2000
from 76.1% in 2000
24.8% rent
Afford Score
2.1
−21%since 2000
from 2.7 in 2000
1990 – 2024
RELATED:See current rent listings in Waterman on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.7%(1,196)
Black0.2%(3)
Hispanic / Latino1.3%(16)
Asian0.1%(1)
Other0%
Diversity Score4.1%(50)
2020
White, non-Hispanic85.3%(1,222)
Black1.3%(18)
Hispanic / Latino8.8%(126)
Asian0.8%(11)
Other7.9%(114)
Diversity Score39.4%(564)
Diversity Score
39
+871%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.2%
+5.9 ptssince 2000
from 19.3% in 2000
US average: 32.9%
High school or higher
94.2%
+4.1 ptssince 2000
from 90.1% in 2000
US average: 88.5%
Graduate degree
6.8%
+3.5 ptssince 2000
from 3.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
37.9 min
+75%since 2000
from 21.6 min in 2000
US average: 26.9
Drive alone to work
86.4%
+0.8 ptssince 2009
from 85.6% in 2009
US average: 75.1%
No vehicle available
4.0%
−1.0 ptssince 2009
from 5.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.9%
−7.6 ptssince 2011
from 10.5% in 2011
US average: 5.4%
Labor force participation
74.6%
−3.7 ptssince 2011
from 78.3% in 2011
US average: 63.4%
Management & professional
26.7%
−38.7 ptssince 2009
from 65.4% in 2009
US average: 39.3%
Section 08

People & community

Male
41.2%
−5.3 ptssince 2009
from 46.5% in 2009
Female
58.8%
+5.3 ptssince 2009
from 53.5% in 2009
Foreign born
2.9%
+2.4 ptssince 2009
from 0.4% in 2009
US average: 13.5%
Uninsured
4.6%
−83.6 ptssince 2013
from 88.2% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Waterman to nearby cities

WATERMAN VS
DeKalb
Income$46,481−44%
Home value$204,700+18%
Population40,467+2368%
SEE FULL COMPARISON →
WATERMAN VS
Plano
Income$86,271+5%
Home value$230,700+33%
Population12,677+673%
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WATERMAN VS
Sugar Grove
Income$121,207+47%
Home value$401,900+132%
Population9,381+472%
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WATERMAN VS
Sycamore
Income$84,120+2%
Home value$265,700+53%
Population19,083+1064%
SEE FULL COMPARISON →
Frequently asked

How many people live in Waterman, Illinois?

Waterman, Illinois has about 1,433 residents according to the 2020 American Community Survey.

What is the median household income in Waterman, Illinois?

The typical household in Waterman, Illinois earns about $82,500 a year. Half of households make more than that, and half make less.

Is Waterman, Illinois expensive?

In Waterman, Illinois, the median home is worth about $173,600, and the typical rent is about $768 a month.

How educated are people in Waterman, Illinois?

About 25.2% of adults age 25 and over in Waterman, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Waterman, Illinois?

About 9.4% of people in Waterman, Illinois live below the federal poverty line.

Has Waterman, Illinois grown since 1990?

Yes, Waterman, Illinois has grown since 1990. The population has added about 359 residents, a change of about 33 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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