Waverly, KY
Population 361 · Kentucky
About Waverly, KY
Waverly is a small community in Kentucky with a population of 361 residents. The median household income is $61,250 per year, which is near the national average. The median age in Waverly is 46.5 years.
Housing in Waverly has a median home value of $100,000 and median monthly rent of $773. Of the 173 total housing units, the majority are owner-occupied, with 130 owner-occupied and 23 renter-occupied units.
The unemployment rate in Waverly is 0.0% and the poverty rate is 17.7%. 8.4% of residents hold a bachelor's degree or higher. The average commute time is 27.3 minutes.
Cost of Living in Waverly, KY
Compared to national averages, Waverly has a median household income of $61,250 (18% below the national median of $75,149). Home values average $100,000, which is 59% below the national median. Monthly rent at $773 is 34% below the US average of $1,163. Within Kentucky, Waverly's income is 8% below the state average of $66,273, and home values are 45% below the state median of $182,504.
Why Live in Waverly, KY?
Waverly offers affordable housing with a median home value of $100,000, below the US average of $244,900, and rent that’s lower than the national average at $773/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($61,250) 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 361 with a median age of 46.5 years. Compare Waverly with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Waverly
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Summersville | 360 | $51,696 | $92,500 | Compare |
| Wayland | 360 | $31,042 | $21,800 | Compare |
| Gamaliel | 359 | $37,000 | $82,800 | Compare |
| Spring Mill | 363 | $123,750 | $281,900 | Compare |
| Willisburg | 359 | $56,042 | $150,000 | Compare |
| McHenry | 355 | $39,583 | $74,600 | Compare |
| Old Brownsboro Place | 367 | $156,250 | $458,800 | Compare |
| Hunters Hollow | 351 | $73,929 | $192,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
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, KY?
The population of Waverly, KY is 361 according to the latest Census data.
What is the median household income in Waverly?
The median household income in Waverly, KY is $61,250 per year.
What is the median home value in Waverly?
The median home value in Waverly, KY is $100,000.
What is the average rent in Waverly?
The median monthly rent in Waverly, KY is $773.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly, KY is 0.0%.