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The total population of Waterman is estimated to be 1,510 with 666 males (44.11%) and 844 females (55.89%). There are 178 more females than males in Waterman.
The median household income in Waterman was $95,171 in 2021, which marked an an increase of 1,687(1.80%) from $93,484 in 2020. This income is 127.56% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Waterman sees its highest median household income among householders in the age group of 25 to 44 years old, at $96,382. Overall, the median household income for the village of Waterman stands at $95,171.
In Waterman, the median income for all workers aged 15 years and older, regardless of work hours, was $67,257 for males and $23,996 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,892 for males and $42,392 for females.
In Waterman, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $141,464, while White households have a median household income of $86,136.
In 2022, the population of Waterman was 1,427, a 0.42% decrease year-by-year from 2021. Previously, in 2021, Waterman's population was 1,433, a decline of 0.00% compared to a population of 1,433 in 2020.
The median age in Waterman, IL is 36.1, as per 2021 ACS 5-Year Estimates. Of the total population, 23.72% were under the age of 15, 19.10% aged 15 to 29, 48.75% aged 30 to 64, 7.43% aged 65 to 84, and 1.00% were 85 years of age and older.
Racial distribution of Waterman population: 86.27% are White, 1.56% are Black or African American, 0.19% are American Indian and Alaska Native, 0.87% are Asian, 2.50% are some other race and 8.61% are multiracial.