Waverly, MI
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2025-10-25

Living In Waverly, Michigan Summary

Life in Waverly research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Waverly over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Waverly:

  • The population in Waverly is 23,301.

  • The median home value in Waverly is $264,228.

  • The median income in Waverly is $75,868.

  • The cost of living in Waverly is 95 which is 0.9x lower than the national average.

  • The median rent in Waverly is $1,125.

  • The unemployment rate in Waverly is 5.3%.

  • The poverty rate in Waverly is 8.5%.

  • The average high in Waverly is 57.4° and the average low is 38.1°.

Waverly SnackAbility

7.5
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8
Diversity
8.5
Safety
N/A
Amenities
9
Education
9
Commute
9

Waverly, MI Cost Of Living

Cost of living in Waverly summary. We use data on the cost of living to determine how expensive it is to live in Waverly. Real estate prices drive most of the variance in cost of living around Michigan. Key points include:

  • The cost of living in Waverly is 95 with 100 being average.

  • The cost of living in Waverly is 0.9x lower than the national average.

  • The median home value in Waverly is $264,228.

  • The median income in Waverly is $75,868.

95
Waverly's Overall Cost Of Living
0.9x
Lower Than The National Average

Cost Of Living In Waverly Comparison Table

Living Expense Waverly Michigan National Average
Overall 95 90 100
Services 88 93 100
Groceries 93 97 100
Health 92 91 100
Housing 93 72 100
Transportation 96 96 100
Utilities 100 99 100

Waverly, MI Weather

  • The average high in Waverly is 57.4° and the average low is 38.1°.

  • There are 74.6 days of precipitation each year.

  • Expect an average of 34.4 inches of precipitation each year with 47.7 inches of snow.

StatWaverly
Average Annual High57.4
Average Annual Low38.1
Annual Precipitation Days74.6
Average Annual Precipitation34.4
Average Annual Snowfall47.7
57.4°
Average High
74.6
Days of Rain

Rankings for Waverly in Michigan

Locations Around Waverly

Map Of Waverly, MI

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Waverly Demographics And Statistics

Population over time in Waverly

The current population in Waverly is 23,301. The population has decreased -5.8% from 2010.

Year Population % Change
2023 23,301 -1.8%
2022 23,723 1.7%
2021 23,328 -3.0%
2020 24,050 -0.6%
2019 24,201 -1.4%
2018 24,546 -0.2%
2017 24,589 -0.1%
2016 24,617 0.3%
2015 24,535 0.3%
2014 24,470 -0.1%
2013 24,489 -0.3%
2012 24,567 -0.6%
2011 24,710 -0.1%
2010 24,737 -

Race / Ethnicity in Waverly

White
64.5% (15,033)
African American
15.1% (3,514)
American Indian
0.2% (43)
Asian
6.7% (1,550)
Hawaiian
0.0% (8)
Other
1.0% (229)
Two Or More
4.4% (1,035)
Hispanic
8.1% (1,889)

Waverly is:

  • 64.5% White with 15,033 White residents.

  • 15.1% African American with 3,514 African American residents.

  • 0.2% American Indian with 43 American Indian residents.

  • 6.7% Asian with 1,550 Asian residents.

  • 0.0% Hawaiian with 8 Hawaiian residents.

  • 1.0% Other with 229 Other residents.

  • 4.4% Two Or More with 1,035 Two Or More residents.

  • 8.1% Hispanic with 1,889 Hispanic residents.

Race Waverly MI USA
White 64.5% 73.0% 58.2%
African American 15.1% 13.2% 12.0%
American Indian 0.2% 0.3% 0.5%
Asian 6.7% 3.3% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 1.0% 0.4% 0.5%
Two Or More 4.4% 4.1% 3.9%
Hispanic 8.1% 5.7% 19.0%

Gender in Waverly

Female
52.7% (12,282)
Male
47.3% (11,018)
  • Waverly is 52.7% female with 12,282 female residents.

  • Waverly is 47.3% male with 11,018 male residents.

Gender Waverly MI USA
Female 52.7% 50.4% 50.5%
Male 47.3% 49.6% 49.5%

Highest level of educational attainment in Waverly for adults over 25

  • 2.0% of adults in Waverly completed < 9th grade.

  • 5.0% of adults in Waverly completed 9-12th grade.

  • 17.0% of adults in Waverly completed high school / ged.

  • 22.0% of adults in Waverly completed some college.

  • 11.0% of adults in Waverly completed associate's degree.

  • 27.0% of adults in Waverly completed bachelor's degree.

  • 12.0% of adults in Waverly completed master's degree.

  • 2.0% of adults in Waverly completed professional degree.

  • 2.0% of adults in Waverly completed doctorate degree.

< 9th Grade
2.0% (466)
9-12th Grade
5.0% (1,165)
High School / GED
17.0% (3,961)
Some College
22.0% (5,126)
Associate's Degree
11.0% (2,563)
Bachelor's Degree
27.0% (6,291)
Master's Degree
12.0% (2,796)
Professional Degree
2.0% (466)
Doctorate Degree
2.0% (466)
Education Waverly MI USA
< 9th Grade 2.0% 3.0% 5.0%
9-12th Grade 5.0% 6.0% 6.0%
High School / GED 17.0% 28.0% 26.0%
Some College 22.0% 22.0% 19.0%
Associate's Degree 11.0% 10.0% 9.0%
Bachelor's Degree 27.0% 19.0% 21.0%
Master's Degree 12.0% 9.0% 10.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 2.0% 1.0% 2.0%

Household Income For Waverly, Michigan

  • 5.3% of households in Waverly earn Less than $10,000.

  • 2.3% of households in Waverly earn $10,000 to $14,999.

  • 5.6% of households in Waverly earn $15,000 to $24,999.

  • 6.9% of households in Waverly earn $25,000 to $34,999.

  • 10.6% of households in Waverly earn $35,000 to $49,999.

  • 18.8% of households in Waverly earn $50,000 to $74,999.

  • 16.2% of households in Waverly earn $75,000 to $99,999.

  • 21.0% of households in Waverly earn $100,000 to $149,999.

  • 8.4% of households in Waverly earn $150,000 to $199,999.

  • 4.9% of households in Waverly earn $200,000 or more.

Less than $10,000
5.3% (122,367)
$10,000 to $14,999
2.3% (52,472)
$15,000 to $24,999
5.6% (130,360)
$25,000 to $34,999
6.9% (161,106)
$35,000 to $49,999
10.6% (245,964)
$50,000 to $74,999
18.8% (439,045)
$75,000 to $99,999
16.2% (377,144)
$100,000 to $149,999
21.0% (489,878)
$150,000 to $199,999
8.4% (196,771)
$200,000 or more
4.9% (114,988)
Income Waverly MI USA
Less than $10,000 5.3% 5.0% 4.9%
$10,000 to $14,999 2.3% 3.9% 3.6%
$15,000 to $24,999 5.6% 7.1% 6.6%
$25,000 to $34,999 6.9% 7.6% 6.8%
$35,000 to $49,999 10.6% 11.8% 10.4%
$50,000 to $74,999 18.8% 16.9% 15.7%
$75,000 to $99,999 16.2% 13.4% 12.7%
$100,000 to $149,999 21.0% 16.9% 17.4%
$150,000 to $199,999 8.4% 8.3% 9.3%
$200,000 or more 4.9% 9.0% 12.6%

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