Waterman is located in north Illinois. Waterman is part of Dekalb County. Waterman has 1.48 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Waterman population is 1,481, which has grown 21.00% since 2000. The population growth rate is much higher than the state average rate of 3.62% and is much higher than the national average rate of 11.61%. Waterman median household income is $64,833 in 2010-2014 and has grown by 36.49% since 2000. The income growth rate is much higher than the state average rate of 22.70% and is higher than the national average rate of 27.36%. Waterman median house value is $151,100 in 2010-2014 and has grown by 17.50% since 2000. The house value growth rate is much lower than the state average rate of 34.33% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Waterman is much better than the state average in quality. The Waterman area code is 815.