Waterman, IL Real Estate
According to census data in the year 2000 there were 470 housing units in Waterman.
This represents a 12.7% growth from 417 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 470 were located in what is classified as a rural area.
Homeownership rate in Waterman is about 76.9%.
Waterman's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Waterman were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.60% |
| Two Bedrooms | 21.90% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 16.80% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $128,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 50.50% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
