Waverly, IA
Population 10,446 · Iowa
About Waverly, IA
Waverly is a mid-sized city in Iowa with a population of 10,446 residents. The median household income is $78,429 per year, which is above the national average. The median age in Waverly is 32.5 years.
Housing in Waverly has a median home value of $215,200 and median monthly rent of $909. Of the 4,048 total housing units, the majority are owner-occupied, with 2,675 owner-occupied and 1,084 renter-occupied units.
The unemployment rate in Waverly is 3.3% and the poverty rate is 11.0%. 43.9% of residents hold a bachelor's degree or higher. The average commute time is 16.8 minutes.
How Waverly Ranks in Iowa
Cost of Living in Waverly, IA
Compared to national averages, Waverly has a median household income of $78,429 (4% above the national median of $75,149). Home values average $215,200, which is 12% below the national median. Monthly rent at $909 is 22% below the US average of $1,163. Within Iowa, Waverly's income is 15% above the state average of $67,947, and home values are 63% above the state median of $132,237.
Why Live in Waverly, IA?
Waverly offers a strong local economy with a median household income of $78,429, well above the national average, and affordable housing with a median home value of $215,200, below the US average of $244,900, and rent that’s lower than the national average at $909/month. Additionally, the city features a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 43.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.0%, better than the national average, and short commute times averaging just 16.8 minutes.
Waverly has a population of 10,446 with a median age of 32.5 years. Compare Waverly with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Waverly
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Le Mars | 10,597 | $72,381 | $202,200 | Compare |
| Pella | 10,624 | $81,201 | $259,600 | Compare |
| Carroll | 10,261 | $59,323 | $184,100 | Compare |
| Fort Madison | 10,221 | $49,359 | $95,900 | Compare |
| Pleasant Hill | 10,796 | $86,890 | $284,100 | Compare |
| Keokuk | 9,748 | $49,340 | $93,700 | Compare |
| Storm Lake | 11,275 | $58,341 | $163,600 | Compare |
| Grinnell | 9,527 | $64,426 | $191,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
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, IA?
The population of Waverly, IA is 10,446 according to the latest Census data.
What is the median household income in Waverly?
The median household income in Waverly, IA is $78,429 per year.
What is the median home value in Waverly?
The median home value in Waverly, IA is $215,200.
What is the average rent in Waverly?
The median monthly rent in Waverly, IA is $909.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly, IA is 3.3%.