What percentage of people rent in Waterman, IL?
12.3% (±4.9 points) of the occupied homes in Waterman, IL are rented (2020–2024 American Community Survey).
That is 60 renting households against 426 that own their home.
In Waterman, the share of households that rent went from 26.0% in 2015–2019 to 12.3% in 2020–2024 (−13.7 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 12.3% (±4.9 points)
- Renting households
- 60 (±28)
- Median renter income
- $38,571 (±$28,401)
Who rents and who owns in Waterman
| Waterman | DeKalb County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.3% (±4.9 points) | 38.6% (±1.5 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 60 (±28) | 15,270 (±676) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 426 (±71) | 24,280 (±585) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.6 (±0.5) | 2.1 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.3) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $38,571 (±$28,401) | $35,877 (±$3,042) | $50,420 (±$471) | $52,966 |
| Median owner household income | $102,222 (±$8,504) | $101,272 (±$3,827) | $103,505 (±$377) | $100,009 |
In Waterman, the renter share is lower than in DeKalb County (38.6%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In DeKalb County, Waterman ranks 28 of 32 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1929 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Waterman has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.0% (±6.1 points) | 12.3% (±4.9 points) | −13.7 percentage points | Measurable decrease |
| Median gross rent | $772 (±$39) | $877 (±$109) | +13.6% | No measurable change after inflation |
| Median household income | $71,429 (±$10,793) | $100,139 (±$9,737) | +40.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Waterman
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Waterman | — | 12.3% (±4.9 points) | — |
| Clinton Township | 0.5 mi | 19.8% (±8.0 points) | Not measurably different |
| Squaw Grove Township | 5.1 mi | 23.0% (±7.5 points) | Higher |
| Shabbona | 6.1 mi | 24.6% (±7.8 points) | Higher |
| Shabbona Township | 6.1 mi | 26.9% (±10.7 points) | Higher |
| Afton Township | 6.3 mi | 8.4% (±8.8 points) | Not measurably different |
| Hinckley | 6.3 mi | 25.6% (±8.5 points) | Higher |
| Victor Township | 6.8 mi | 41.0% (±21.3 points) | Higher |
| Somonauk Township | 7.3 mi | 18.2% (±5.9 points) | Not measurably different |
Nearby places with a measurably higher figure: Squaw Grove Township, IL (23.0%), Shabbona, IL (24.6%), Shabbona Township, IL (26.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across DeKalb County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 22 | Clinton Township | 19.8% (±8.0 points) |
| 23 | Somonauk Township | 18.2% (±5.9 points) |
| 24 | South Grove Township | 18.1% (±12.1 points) |
| 25 | Kingston | 17.2% (±6.4 points) |
| 26 | Cortland Township | 16.1% (±3.8 points) |
| 27 | Lee | 15.8% (±13.9 points) |
| 28 | Waterman | 12.3% (±4.9 points) |
| 29 | Kingston Township | 9.2% (±3.8 points) |
| 30 | Afton Township | 8.4% (±8.8 points) |
| 31 | Milan Township | 7.0% (±9.8 points) |
| 32 | Pierce Township | 4.0% (±6.8 points) |
Showing 11 of 32 places in DeKalb County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Waterman
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Waterman, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Waterman beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Waterman, and send estimates and invoices from your phone.
Questions about Waterman
How many renters are there in Waterman?
Waterman has an estimated 60 (±28) renting households, 12.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Waterman?
In Waterman, the share of households that rent went from 26.0% in 2015–2019 to 12.3% in 2020–2024 (−13.7 percentage points), a measurable decrease.
How big are renting households in Waterman?
A renting household in Waterman has 2.6 people on average, against 3.0 in an owned home.
How much do renters earn in Waterman?
The median renting household in Waterman, IL has an income of $38,571 (±$28,401) a year, against $102,222 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterman village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waterman village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waterman village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waterman village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waterman village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waterman village, Illinois (place:79163, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Waterman at a glance
- Income and affordability in Waterman
- Home values in Waterman
- Homeowner costs in Waterman
- Property taxes in Waterman
- Types of homes in Waterman
- Bedrooms in Waterman
- Age of homes in Waterman
- Heating fuel in Waterman
- Commute and cars in Waterman
- Crime reported to police in Waterman
- Population growth in Waterman
- How long people stay in Waterman
- Illinois landlord and tenant rules
- Housing across DeKalb County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois