Waterman, IL Employment - Median Household Income, Unemployment Rate

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A+

1%

Income/capita NAT. AVG.

51%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

Index	Waterman	Illinois	National
Income per capita	$45,288	$47,397	$44,883
Median household income	$122,832	$88,967	$81,333
Median income owner occupied	$143,724	$111,557	$106,172
Median income renter occupied	$0	$52,117	$52,080
Median earnings male	$78,679	$60,185	$54,343
Median earnings female	$33,913	$40,368	$38,439
Unemployment rate	2.3%	6.6%	4.9%
Poverty level	9.4%	14.0%	15.1%

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Homes For Sale In Waterman, IL

305 S Maple St

Waterman, IL

611 Kennedy St

Waterman, IL

218 Buchanan Dr

Waterman, IL

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Waterman, IL

Key findings

The income per capita in Waterman is 1% higher than the national average
The median household income in Waterman is 51% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Waterman is 53% lower than the national average
The poverty level in Waterman is 38% lower than the national average

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am i middle class

$81,879 $122,832 $245,664

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Waterman median earnings by income bracket

Waterman employment by industry

Labour Type	Male	Female
Construction industry	9.9%	9.9%
Manufacturing sector	32.3%	32.3%
Financial & insurance services	2.7%	2.7%
Wholesale & retail services	7.2%	7.2%
Public administration	3.7%	3.7%
Transportation, warehousing & utilities	5.1%	5.1%
Education, health & social services	6.4%	6.4%
Other	30.0%	30.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Big Rock, IL	1,298	$159,808	96.5%
Millbrook, IL	367	$139,648	71.7%
Maple Park, IL	1,647	$137,805	69.4%
Virgil, IL	436	$126,003	54.9%
Lee, IL	390	$124,045	52.5%
Waterman, IL	1,801	$122,832	51.0%

Cities with similar population

City	Population	Household Income	National Avg.
Chester Center, CT	1,801	$133,151	63.7%
Athens, NY	1,801	$94,119	15.7%
Church Hill, PA	1,801	$89,322	9.8%
Stewartstown, PA	1,801	$86,795	6.7%
Westlake Corner, VA	1,801	$76,614	5.8%
Waterman, IL	1,801	$122,832	51.0%

Source: The Waterman, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.