At a Glance
Median Income
$97,386
$40,005 per capita
Home Value
$212,900
Zillow: $280,542
Median Rent
$897/mo
27.2% of income on rent
Violent Crime
98/100K
488/100K property
Bachelor's Degree+
25.8%
92.0% high school+
Unemployment
2.5%
3.5% poverty rate
Obesity Rate
34.7%
13.3% smoking rate
Avg Temperature
48°F
275 sunny days/yr
How Waterman Compares to the U.S. Average
Each bar shows Waterman's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Waterman a Good Place to Live?
B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Waterman residents earn a median household income of $97,386 , which is 30% above the national average of $75,149.
Per capita income is $40,005. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 3.5% of residents live below the poverty line. The area is home to 1,988 business establishments, including 212 restaurants.
Housing & Cost of Living
The median home value in Waterman is $212,900 , 24% below the national median of $281,900.
Zillow estimates the typical home at $280,542. Median rent is $897/month, with 27.2% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1971.
Safety & Crime
Waterman reports 98 violent crimes per 100,000 residents
, which is 74% below the national average of 380/100K.
Property crime is 488/100K.
Education
25.8% of adults in Waterman hold a bachelor's degree or higher
(23% below the national average).
92.0% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Waterman has an average annual temperature of 48°F (9°C).
Winters average 21°F in January while summers reach 71°F in July. The area gets 275 sunny days per year. Annual precipitation totals 37.4 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population1,419
Median Age35.6 yrs
Density934/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans3.1%
Economy
A+
Median Income$97,386
Per Capita$40,005
Unemployment2.5%
Poverty3.5%
County GDP$5,661M
Avg Weekly Wage$1,094
Housing
A+
Home Value$212,900
Rent$897
Ownership86.1%
Zillow$280,542
Housing Units534
Rent Burden27.2%
Crime
F
Violent98/100K
Property488/100K
Health
Obesity34.7%
Diabetes9.1%
Smoking13.3%
Heart Disease4.9%
Premature Death7,708/100K
Climate
Avg Temp48°F
Sunny Days275/yr
Rain37.4 in/yr
AQI43 (Good)
Elevation806 ft
Education
B
Bachelor's+25.8%
High School+92.0%
Graduate+6.2%
School Score5.5/10
Community
2024 VoteR 48% / D 50%
Commute38 min
Broadband96.9%
Internet Speed113 Mbps
EV Stations16
Libraries11
Did You Know?
The median home in Waterman was built in 1971.
The nearest airport is Chicago/Rockford International (34 miles).
The Gini coefficient (income inequality) is 0.442 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 113 Mbps.
There are 212 restaurants in the area.
The county recorded 14 fatal vehicle crashes.
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