Waverly, MO
Population 854 · Missouri
About Waverly, MO
Waverly is a small community located in Missouri with a population of 854 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,000 per year, which is 36% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waverly features a median home value of $107,500, which is 56% below the national median of $244,900. This makes Waverly one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $835, 28% below the national average of $1,163/month. Of the 341 total housing units, 54% are owner-occupied (165 units) and 46% are renter-occupied (141 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waverly shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waverly have an average one-way commute time of 31 minutes.
Education & Demographics
15.0% of Waverly residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 9.8% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Waverly, MO
Compared to national averages, Waverly has a median household income of $48,000 (36% below the national median of $75,149). Home values average $107,500, which is 56% below the national median. Monthly rent at $835 is 28% below the US average of $1,163. Within Missouri, Waverly's income is 21% below the state average of $61,047, and home values are 29% below the state median of $150,786.
Why Live in Waverly, MO?
Waverly offers affordable housing with a median home value of $107,500, below the US average of $244,900, and rent that’s lower than the national average at $835/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features a low poverty rate of 8.6%, better than the national average.
Potential considerations include median household income ($48,000) 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 854 with a median age of 39.4 years. Compare Waverly with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Waverly
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cardwell | 846 | $17,917 | $44,700 | Compare |
| Lockwood | 862 | $48,578 | $87,800 | Compare |
| Southwest City | 845 | $38,750 | $67,200 | Compare |
| Oregon | 865 | $61,167 | $105,600 | Compare |
| Leadington | 842 | $36,402 | $175,000 | Compare |
| Innsbrook | 872 | $144,250 | $459,500 | Compare |
| La Grange | 834 | $55,000 | $88,500 | Compare |
| Russellville | 875 | $56,458 | $150,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Waverly, MO is 854 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Waverly?
The median household income in Waverly, MO is $48,000 per year, which is 36% below the national median of $75,149.
What is the median home value in Waverly?
The median home value in Waverly, MO is $107,500, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waverly?
The median monthly rent in Waverly, MO is $835, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly, MO is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waverly, MO a good place to live?
Waverly offers a moderate cost of living, affordable housing, and a strong job market. With a population of 854 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Waverly, MO?
15.0% of residents in Waverly aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Waverly?
Key cost-of-living indicators for Waverly, MO: median home value is $107,500 (56% below national), median rent is $835/month, and median household income is $48,000. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waverly?
The poverty rate in Waverly, MO is 8.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waverly, MO?
Waverly's population is 9.8% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 4.4% two or more races. 3.0% of residents are foreign-born.