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Waverly, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,285
Population
$112,222
Median Income
$323,100
Home Value
38.1
Median Age

Demographics

Waverly has a population of 2,285 with a median age of 38.1. Here is the racial and ethnic breakdown of the population:

White
91.0%
Hispanic
4.7%
Other
2.6%
Asian
1.0%
Black
0.7%
Demographic Value
Total Population2,285
Median Age38.1
White91.0%
Black or African American0.7%
Asian1.0%
Hispanic or Latino4.7%
Other / Two or More Races2.6%
Waverly, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.0%Hispanic/Latino: 4.7%Other: 2.6%Other: 1.7%2,285PopulationWhiteWhite91.0%Hispanic/LatinoHispanic/Latino4.7%OtherOther2.6%OtherOther1.7%

Income & Economy

The median household income in Waverly is $112,222, which is 39.2% above the national median of $80,610. The per capita income is $45,186. The poverty rate is 10.6%.

$112,222
Median Household Income
$45,186
Per Capita Income
10.6%
Poverty Rate

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Education

In Waverly, 95.5% of residents age 25+ have a high school diploma or higher, and 24.6% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
95.5%
Bachelor's+
24.6%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.5%
Bachelor's Degree or Higher24.6%
Graduate or Professional Degree5.4%

Housing

The median home value in Waverly is $323,100, above the national median of $303,400. The median monthly rent is $941. The homeownership rate is 92.7%.

$323,100
Median Home Value
$941/mo
Median Rent
92.7%
Homeownership Rate
Housing Metric Value
Median Home Value$323,100
Median Monthly Rent$941
Homeownership Rate92.7%
Vacancy Rate6.1%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Waverly, Minnesota?
The population of Waverly, Minnesota is 2,285 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Waverly, Minnesota?
The median household income in Waverly, Minnesota is $112,222. This is 39.2% above the national median of $80,610.
What is the median home value in Waverly, Minnesota?
The median home value in Waverly, Minnesota is $323,100. The median monthly rent is $941.
What percentage of people in Waverly have a college degree?
In Waverly, Minnesota, 24.6% of adults age 25 and older hold a bachelor's degree or higher, and 95.5% have a high school diploma or higher.
Is Waverly, Minnesota an affordable place to live?
The home price-to-income ratio in Waverly, Minnesota is 2.9x (median home value $323,100 vs. median income $112,222), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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