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Watson village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Watson village, Illinois has a total population of 616, the 862nd largest city in Illinois, with a median household income of $68,625, which is 16% lower than the state average. The poverty rate is 20.6%.

Key Takeaways

Watson village Quick Facts

Population 616
Median Household Income $68,625
Median Home Value $93,900
Poverty Rate 20.6%
Unemployment Rate 3.6%
Median Age 41.4 years
Homeownership Rate 82.3%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 12.2%
High School Graduation Rate 89.5%
Diversity Index 2/100
Population 616 862nd of 1,445
Median Income $68,625 average
Poverty Rate 20.6% 66% higher national
Median Home Value $93,900 below average

How Watson village Compares

Economy & Housing

Employment

3.6% Unemployment Rate State: 5.8% | National: 5.2%
70.5% Labor Force Participation

Housing Overview

Owner 82.3%
Renter 17.8%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

2out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Watson village Rankings in Illinois

#862 Population of 1,445
#653 Median Income of 1,445
#1019 Education of 1,445
#922 Home Value of 1,445

Cities Similar to Watson village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chapin village618$69,213$83,80018.4%5.8%
Alhambra village608$68,500$154,30019.1%13.1%
Irvington village610$67,917$87,10012.4%8.4%
Hoffman village627$70,292$109,6008.8%4.6%
Fairmount village610$63,393$95,90011.0%13.3%

Population Overview

Watson village is a small community located in Illinois. The total population is 616. It ranks as the 862nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Watson village is 41.4 years. This is 6% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Watson village is $68,625. This is 16% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 20.6%. This is 76% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.6%. This is 37% lower than the state rate of 5.8%. The median home value is $93,900. Housing costs are 63% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.4x, Watson village is one of the most affordable housing markets in the area. 82.3% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 66.8%.

Race & Ethnicity

Watson village has a predominantly White (non-Hispanic) population, comprising 98.9% of all residents. The White (non-Hispanic) population is significantly higher than the state average (98.9% vs 58.8%).

Education

12.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Watson village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Watson village, Illinois?

Watson village, Illinois has a population of 616 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Watson village, IL?

The median household income in Watson village is $68,625, which is 13% lower the national median of $78,538.

What is the poverty rate in Watson village, IL?

The poverty rate in Watson village is 20.6%. This means approximately 127 residents live below the federal poverty line.

What is the racial makeup of Watson village, Illinois?

Watson village's population is 98.9% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Watson village, IL?

The median home value in Watson village is $93,900. The home-value-to-income ratio is 1.4x.

How educated is Watson village, Illinois?

12.2% of adults (25+) in Watson village hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.