IL area data
Waterman, IL
Waterman, IL.
Population: 2,138 (Census ACS)
Home values & appreciation
- Median home value
- $303,218
- 1-year appreciation
- +7.0%
- 3-year appreciation
- +22.8%
- 5-year appreciation
- +41.1%
- 10-year appreciation
- +96.4%
- All-time peak (2026-07)
- $303,218
- House Price Index
- 325.3 (+6.1% YoY)
Market activity
- Median sale price
- $285,000
- Median list price
- $325,000
- Median days on market
- 50 days
- Sale-to-list ratio
- 102.2%
- Active listings
- 19
- 1-year forecast
- +2.7%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,220/mo
- 3BR fair-market rent
- $1,586/mo
Affordability
- Cost of living index (Average)
- 97.3 (100 = US avg)
- Electricity rate (state-level)
- 17.7¢/kWh
- Natural gas rate (state-level)
- $11.30/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 1
- Elementary schools
- 0
- Middle schools
- 1
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, drought, iceStorm, inlandFlooding, strongWind
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 40.6 in
Walkability & transit
- Walkability index
- 5.2 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Wade Airport (1 mi)
- Nearest major airport
- Dupage Airport (DPA) (29 mi)
- Hospitals nearby (~15 mi)
- 4
- Avg hospital rating
- 4.0 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- -302 tax filers
Housing stock
- Median year housing built
- 1,957
- Median annual property tax
- $4,872
- Mean commute to work
- 31 min
- Households with broadband internet
- 77.3%
Employment & development
- Total county employment
- 27,462
- Average weekly wage
- $1,023
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 172
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →