Waverly, NE
Population 4,363 · Nebraska
About Waverly, NE
Waverly is a small town located in Nebraska with a population of 4,363 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,000 per year, which is 46% above the national median of $75,149. The median age of 37.5 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 $290,000, which is 18% above the national median of $244,900. This positions Waverly in a moderately priced market relative to the rest of the country. Median monthly rent is $972, 16% below the national average of $1,163/month. Of the 1,556 total housing units, 87% are owner-occupied (1,305 units) and 13% are renter-occupied (195 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waverly shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waverly have an average one-way commute time of 22.9 minutes.
Education & Demographics
35.6% of Waverly residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.3% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.3% of the population being foreign-born.
How Waverly Ranks in Nebraska
Cost of Living in Waverly, NE
Compared to national averages, Waverly has a median household income of $110,000 (46% above the national median of $75,149). Home values average $290,000, which is 18% above the national median. Monthly rent at $972 is 16% below the US average of $1,163. Within Nebraska, Waverly's income is 67% above the state average of $65,895, and home values are 130% above the state median of $125,824.
Why Live in Waverly, NE?
Waverly offers a strong local economy with a median household income of $110,000, well above the national average, and rent that’s lower than the national average at $972/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 35.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.6%, better than the national average, and short commute times averaging just 22.9 minutes.
Waverly has a population of 4,363 with a median age of 37.5 years. Compare Waverly with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Waverly
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Falls City | 4,099 | $45,750 | $91,900 | Compare |
| Aurora | 4,665 | $71,051 | $221,700 | Compare |
| Cozad | 3,944 | $50,161 | $118,600 | Compare |
| Ogallala | 4,800 | $55,481 | $135,500 | Compare |
| Fairbury | 3,905 | $51,782 | $90,800 | Compare |
| Wahoo | 4,885 | $81,544 | $227,100 | Compare |
| O'Neill | 3,574 | $66,458 | $130,900 | Compare |
| Broken Bow | 3,524 | $56,438 | $124,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Waverly With Other Cities
Frequently Asked Questions about Waverly
What is the population of Waverly, NE?
The population of Waverly, NE is 4,363 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nebraska.
What is the median household income in Waverly?
The median household income in Waverly, NE is $110,000 per year, which is 46% above the national median of $75,149.
What is the median home value in Waverly?
The median home value in Waverly, NE is $290,000, which is 18% above 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, NE is $972, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waverly, NE a good place to live?
Waverly offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,363 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Waverly, NE?
35.6% of residents in Waverly aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Waverly?
Key cost-of-living indicators for Waverly, NE: median home value is $290,000 (18% above national), median rent is $972/month, and median household income is $110,000. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waverly?
The poverty rate in Waverly, NE is 0.6%, 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, NE?
Waverly's population is 7.3% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.