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°.
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.
| 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 | |
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.
| Stat | Waverly |
|---|---|
| Average Annual High | 57.4 |
| Average Annual Low | 38.1 |
| Annual Precipitation Days | 74.6 |
| Average Annual Precipitation | 34.4 |
| Average Annual Snowfall | 47.7 |
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 | - |
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% |
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% |
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.
| 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% |
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.
| 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% |