Living in Waverly, Indiana
Cost of living, income, home prices, rent and demographics of Waverly · Census data 2020–2024
Waverly has 967 residents with a median age of 36.6. The median household income is $49,063 (32% lower than the Indiana median), the median home value is $238,800, the median rent is $1,051/month.
Waverly is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waverly at a glance
- Population
- 967
- Median age
- 36.6State: 38.1
- Median household income
- $49,063State: $71,957
- Median home value
- $238,800State: $218,200
- Median rent
- $1,051/moState: $1,062
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 0%
- Average commute
- 23 min
Is Waverly a good place to live?
Pros: An average commute of 23 minutes.
Cons: Median household income 32% lower than the Indiana median; home values 9% higher than the state median; a poverty rate of 19%.
The weather is best in May–June and August–September.
Cost of living in Waverly
Housing is the biggest part of the cost of living. In Waverly the median home value is $238,800, 28% lower than the U.S. median. Renters pay a median of $1,051 per month. Homeowners with a mortgage pay $1,507 a month in housing costs.
Waverly median household income
The median household income in Waverly is $49,063 and the income per person is $20,497. 19% of residents live below the poverty line (Indiana: 12.3%).
Housing in Waverly: homes for sale and rent
- Housing units
- 330
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.93
Waverly demographics
- Population
- 967
- Median age
- 36.6
- Under 18
- 26.8%
- 65 and older
- 18.6%
- Households
- 330
- Foreign-born
- 0%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Waverly ›
Education in Waverly
0% of adults 25 and older in Waverly have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Waverly
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 21.5%
- Drive alone
- 58.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.1%
Waverly vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waverly | 967 | $49,063 | $238,800 | $1,051 |
| Bargersville | 10,752 | $114,231 | $438,900 | $1,379 |
| Brooklyn | 2,570 | $58,176 | $119,000 | $1,011 |
| Mooresville | 9,751 | $68,983 | $206,400 | $1,089 |
| Foxcliff Estates | 1,674 | $142,070 | $488,800 | — |
| New Whiteland | 5,704 | $89,918 | $211,800 | $1,465 |
| Greenwood | 66,029 | $83,608 | $276,100 | $1,312 |
| Whiteland | 5,173 | $96,944 | $232,100 | $1,661 |
| Homecroft | 854 | $78,942 | $231,600 | — |
More for people moving to Waverly
Waverly ZIP code ›Weather and climate ›Living in Waverly: FAQ
What is the median household income in Waverly, IN?
The median household income in Waverly is $49,063, 32% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Waverly?
The median home value in Waverly is $238,800, compared with $218,200 in Indiana.
How much is rent in Waverly?
The median gross rent in Waverly is $1,051 per month.
Is Waverly, IN a good place to live?
Pluses: an average commute of 23 minutes. Minuses: median household income 32% lower than the Indiana median; home values 9% higher than the state median; a poverty rate of 19%.
What is the median age in Waverly?
The median age in Waverly is 36.6 years (Indiana: 38.1).
How long is the commute in Waverly?
The average commute to work in Waverly is 23 minutes; 21.5% of workers work from home.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waverly?
0% of adults in Waverly have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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