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Illinois · Census place 79241

Watson, IL population, income and ZIP codes

Quick answer

The population of the city of Watson, Illinois (Watson, IL — Census place “Watson village”) is 616 residents, ranking #862 of 1462 places in Illinois. Median household income is $68,625, the median home is worth $93,900 and median gross rent runs $750 a month. Looking for the Watson Illinois ZIP code list? 1 ZIP codes serve Watson, IL: 62473.

Population
616Watson village residents
Median household income
$68,625Past 12 months, inflation adjusted
Median home value
$93,900Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
41.4 yrsAll residents
Homeownership rate
82.3%Owner-occupied households

Watson ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Watson.

The Watson IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Watson village

Housing cost measured against local earnings.

A household earning the Watson village median would spend about 13.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.6% of residents and 82.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Watson village, IL in context

How this area compares with national benchmarks.

Watson village is a very small community in Illinois, with 616 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #862 of 1,462 ranked by population — larger than 41% of them. The median age here is 41.4 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Watson village earn a median of $68,625 a year, 12.6% below the national figure of $78,538 and 8% below the $74,244 median for the 698 Illinois cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 20.6% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Watson village is valued at $93,900, 69.1% below the national figure and 48% below the $179,100 peer median, while median gross rent runs $750 a month, 46.7% below the national figure, or roughly $9,000 across a full year. A household on the local median income would put about 13.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.4×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 82.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

With 616 residents, a handful of survey responses moves every median on this page. Compare Watson village against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Illinois.

More Illinois coverage.

Frequently asked questions

Common questions about this area.

What is the population of Watson village?
Watson village has 616 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #862 of 1,462 in Illinois.
What is the median household income in Watson village?
Median household income in Watson village is $68,625 a year, 12.6% below the national figure of $78,538.
How much does it cost to rent or buy in Watson village?
Median gross rent is $750 a month and the median home value is $93,900, so rent absorbs about 13.1% of median household income.
Is Watson village affordable compared with the rest of the US?
Homes cost about 1.4× the local median income here versus roughly 3.9× nationally, so Watson village is more affordable to buy in than the typical US market, and rent takes 13.1% of median income against the 30% cost-burden line.
How current is this Watson village data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.