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Housing Affordability in Watson, IL

Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.

Households paying 30%+ for housing
9.5%
Illinois 30.4%
Renters paying 30%+
33.3%
Illinois 47.9%
Homeowners paying 30%+
5.7%
Illinois 22.4%
Owner costs with a mortgage
$1,056/mo
Illinois $1,987/mo

Watson has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.

Housing costs compared with income

  • Renters paying 30% or more1033.3%
  • Homeowners paying 30% or more115.7%
  • Renters paying 50% or more826.7%
  • Median rent as a share of income: 19.3%
  • Median owner costs as a share of income, with a mortgage: 17.4%
  • Median owner costs without a mortgage: $465/mo
  • Median home value divided by median household income: 1.3

How it compares

Swipe the table sideways to see more columns.

AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Watson, IL9.5%33.3%5.7%19.3%
Effingham County18.7%33.5%15.0%22.7%
Illinois30.4%47.9%22.4%29.1%
United States32.2%51.1%22.7%30.6%

Frequently asked questions

What is the housing cost burden in Watson, IL?
In Watson, IL, 9.5% of households spend 30% or more of their income on housing costs.
How does Watson compare with Illinois?
The households paying 30%+ for housing in Watson is 9.5%, compared with 30.4% for Illinois as a whole.

Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates