Living in Waverly, Nebraska

Cost of living, income, home prices, rent and demographics of Waverly · Census data 2020–2024

Waverly has 4,440 residents with a median age of 38.6. The median household income is $111,632 (46% higher than the Nebraska median), the median home value is $316,600, the median rent is $1,076/month.

Waverly at a glance

Population
4,440
Median age
38.6State: 37.2
Median household income
$111,632State: $76,475
Median home value
$316,600State: $238,600
Median rent
$1,076/moState: $1,072
Homeowners
81%
Bachelor's degree or higher
40.9%
Average commute
24 min

Is Waverly a good place to live?

Pros: Median household income 46% higher than the Nebraska median; unemployment of 0%; a poverty rate of 0.5%.

Cons: Home values 33% higher than the state median; an average commute of 24 minutes.

The weather is best in May to July and September.

Cost of living in Waverly

Housing is the biggest part of the cost of living. In Waverly the median home value is $316,600, 5% lower than the U.S. median. Renters pay a median of $1,076 per month, which is 16.8% of household income. Homeowners with a mortgage pay $2,013 a month in housing costs.

Median home value

Waverly$316,600
Nebraska$238,600
United States$332,700

Median monthly rent

Waverly$1,076
Nebraska$1,072
United States$1,413

Waverly median household income

The median household income in Waverly is $111,632 and the income per person is $39,281. 0.5% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Waverly$111,632
Nebraska$76,475
United States$80,734

Housing in Waverly: homes for sale and rent

Housing units
1,548
Owner-occupied
81%
Renter-occupied
19%
Vacant
2.6%Includes seasonal homes
Median year built
1996
Average household size
2.92

Waverly demographics

Population
4,440
Median age
38.6
Under 18
31.4%
65 and older
18.6%
Households
1,507
Foreign-born
1.1%
Veterans
10.7%Adults 18+

Race and ethnicity

White95.3%
Hispanic or Latino7.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Waverly ›

Education in Waverly

40.9% of adults 25 and older in Waverly have a bachelor's degree or higher (Nebraska: 34.6%), and 14.7% have a graduate or professional degree.

Bachelor's degree or higher

Waverly40.9%
Nebraska34.6%
United States35.7%

Jobs and commute in Waverly

Unemployment rate
0%State: 3%
Average commute
24 minState: 19 min
Work from home
9.7%
Drive alone
84.3%
Public transit
0%
Walk to work
1.1%
Homes with broadband
97.7%

Waverly vs nearby towns

TownPopulationMedian incomeHome valueRent
Waverly4,440$111,632$316,600$1,076
Greenwood601$90,774$177,000$1,283
Alvo123$113,750$187,500—
Walton579$48,088$464,000—
Eagle1,259$76,875$172,800$1,104
Davey117$109,375$230,700—
Lincoln294,856$71,867$264,000$1,086
Ceresco1,225$96,944$210,600$1,014
Ashland3,071$89,408$249,700$866

More for people moving to Waverly

Waverly ZIP code ›Weather and climate ›

Living in Waverly: FAQ

What is the median household income in Waverly, NE?

The median household income in Waverly is $111,632, 46% higher than the Nebraska median of $76,475 (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 $316,600, compared with $238,600 in Nebraska.

How much is rent in Waverly?

The median gross rent in Waverly is $1,076 per month, about 16.8% of household income.

Is Waverly, NE a good place to live?

Pluses: median household income 46% higher than the Nebraska median; unemployment of 0%; a poverty rate of 0.5%. Minuses: home values 33% higher than the state median; an average commute of 24 minutes.

What is the median age in Waverly?

The median age in Waverly is 38.6 years (Nebraska: 37.2).

How long is the commute in Waverly?

The average commute to work in Waverly is 24 minutes; 9.7% 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?

40.9% 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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