HomeIllinoisDeKalb CountyWaterman village
Waterman village, Illinois: commercial real estate data.
Waterman village 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.
80 sourced place values · tier FULL · 9 sections · 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$180,000
- Ninetieth percentile approval$500,000
- 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waterman
Flood risk in Waterman
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170864
- Currently effective map date(NSFHA)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
DeKalb County, not Waterman
DeKalb County context, not Waterman figures
These are DeKalb County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Waterman measurements.
- Establishments in DeKalb County1,975
- Employment at those establishments, DeKalb County29,129
- Covered employment, DeKalb County36,272
- Average annual pay, DeKalb County$56,896
- Average weekly wage, DeKalb County$1,094
- Housing units permitted, DeKalb County257
- Of those, single family, DeKalb County180
- County product, 2024, DeKalb County$5,661,367,000
- County product change over the prior year, DeKalb County2.2 percent
- Average income of an arriving household, DeKalb County$51,918
Every figure in this section is published for DeKalb County as a whole and is not a measurement of Waterman. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $800,000, across 3 lenders, median approval $180,000, plus 1 504 approvals worth $307,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Waterman in the National Flood Insurance Program?
Yes. Waterman appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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