HomeIllinoisDeKalb CountyWaterman
Waterman, Illinois: commercial real estate data.
Waterman is a Census village of 1,448 people across 1.51 square miles of land, in DeKalb County. Median household income is $100,139, 87.7 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $800,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Waterman
What Waterman is
- Census place typevillage
- Land area1.51 sq mi
- Water area0 sq mi
- Population per square mile of land956
- County holding the largest share of its areaDeKalb County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterman
How many people live in Waterman
- Population1,448
- Median age31.0
- Population under 18425 plus or minus 109
- Share under 1829.4 percent
- Population 65 and over118 plus or minus 34
- Share 65 and over8.1 percent plus or minus 1.9
- Households486
- Family households384
- Share of households that are families79.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterman
Income and work in Waterman
- Median household income$100,139
- Per capita income$41,311
- Civilian labor force824
- Employed790
- Unemployed34 plus or minus 18
- Unemployment rate4.1 percent plus or minus 2.1
- Adults 25 and over839
- Adults 25 and over with a high school diploma or higher94.4 percent plus or minus 21.2
- Adults 25 and over with a bachelor degree or higher23.2 percent plus or minus 7.7
- Adults 25 and over with a graduate degree5.5 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterman
Housing in Waterman
- Housing units509
- Occupied units486
- Vacant units23 plus or minus 23
- Vacancy rate4.5 percent plus or minus 4.5
- Owner occupied426
- Renter occupied60 plus or minus 28
- Ownership rate87.7 percent
- Median owner-occupied home value$217,300
- Median gross rent, monthly$877
- Annual rent as a share of median income10.5 percent
- Single family units453
- Share single family89.0 percent
- Units in buildings of two or more41 plus or minus 24
- Share in buildings of two or more8.1 percent plus or minus 4.5
- Mobile homes15 plus or minus 16
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterman
How Waterman gets to work
- Workers 16 and over who commute668
- Commuting under 15 minutes108 plus or minus 43
- Share commuting under 15 minutes16.2 percent plus or minus 5.6
- Commuting 30 minutes or more400 plus or minus 100
- Share commuting 30 minutes or more59.9 percent
- Drove alone83.9 percent
- Carpooled4.9 percent plus or minus 3.0
- Public transport0.0 percent
- Walked1.6 percent plus or minus 2.6
- Worked from home9.6 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterman
SBA loans in Waterman (7(a))
- Approvals4
- Gross approval$800,000
- Average approval$200,000
- Median approval$121,500
- Largest approval$500,000
- Jobs supported7
- Jobs per approval1.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Waterman, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waterman
SBA loans in Waterman (504)
- Approvals1
- Gross approval$307,000
- Average approval$307,000
- Median approval$307,000
- Largest approval$307,000
- Jobs supported1
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Waterman, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waterman
Flood risk in Waterman
- NFIP communityVillage of Waterman
- NFIP community number170864
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The Village of Waterman participates in the National Flood Insurance Program as community 170864 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
DeKalb County, not Waterman
DeKalb County context, not Waterman figures
- Establishments in DeKalb County1,975
- Covered employment, DeKalb County36,272
- Average annual pay, DeKalb County$56,896
- Housing units permitted, DeKalb County257
Every figure in this section is published for DeKalb County as a whole and is not a measurement of Waterman.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Waterman questions, answered from the record.
How many people live in Waterman, Illinois?
1,448, in 486 households. Waterman village covers 1.51 square miles of land, which is 956 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waterman in?
DeKalb County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Waterman?
$100,139. The median owner-occupied home is valued at $217,300. Median gross rent is $877 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waterman businesses?
4 7(a) approvals totaling $800,000 since FY2020, across 3 lenders, median approval $121,500, plus 1 504 approvals worth $307,000 since FY2010. These count approvals to borrowers whose address is in Waterman, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waterman borrowers get paid back?
No rate is published for Waterman. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Waterman in the National Flood Insurance Program?
Yes. Waterman appears in the FEMA Community Status Book as Waterman, village of, community 170864, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Waterman figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for DeKalb County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Waterman.
Is zoning published for Waterman?
No. Nothing on this page presents parcel level zoning.
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