Waverly, IN
Population 1,006 · Indiana
About Waverly, IN
Waverly is a small community in Indiana with a population of 1,006 residents. The median household income is $72,426 per year, which is above the national average. The median age in Waverly is 36.7 years.
Housing in Waverly has a median home value of $254,100 and median monthly rent of $0. Of the 311 total housing units, the majority are owner-occupied, with 256 owner-occupied and 55 renter-occupied units.
The unemployment rate in Waverly is 0.0% and the poverty rate is 3.1%. 4.2% of residents hold a bachelor's degree or higher. The average commute time is 24.9 minutes.
Cost of Living in Waverly, IN
Compared to national averages, Waverly has a median household income of $72,426 (4% below the national median of $75,149). Home values average $254,100, which is 4% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Waverly's income is 4% above the state average of $69,330, and home values are 55% above the state median of $163,409.
Why Live in Waverly, IN?
Waverly offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 3.1%, better than the national average. Additionally, the city features short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($72,426) that falls below the national average. However, Waverly’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waverly has a population of 1,006 with a median age of 36.7 years. Compare Waverly with other cities to see how it stacks up, or explore all cities in Indiana.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waverly
What is the population of Waverly, IN?
The population of Waverly, IN is 1,006 according to the latest Census data.
What is the median household income in Waverly?
The median household income in Waverly, IN is $72,426 per year.
What is the median home value in Waverly?
The median home value in Waverly, IN is $254,100.
What is the average rent in Waverly?
The median monthly rent in Waverly, IN is $0.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly, IN is 0.0%.