Living in Waverly, New York
Cost of living, income, home prices, rent and demographics of Waverly · Census data 2020–2024
Waverly has 4,305 residents with a median age of 42.8. The median household income is $54,274 (37% lower than the New York median), the median home value is $140,200, the median rent is $958/month.
Waverly at a glance
- Population
- 4,305
- Median age
- 42.8State: 39.8
- Median household income
- $54,274State: $85,974
- Median home value
- $140,200State: $423,800
- Median rent
- $958/moState: $1,621
- Homeowners
- 64.2%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 17 min
Is Waverly a good place to live?
Pros: Home values 67% lower than the state median; an average commute of 17 minutes; a poverty rate of 7.3%.
Cons: Median household income 37% lower than the New York median; unemployment of 7.7%.
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 $140,200, 58% lower than the U.S. median. Renters pay a median of $958 per month, which is 34.2% of household income. Homeowners with a mortgage pay $1,227 a month in housing costs.
Waverly median household income
The median household income in Waverly is $54,274 and the income per person is $38,480. 7.3% of residents live below the poverty line (New York: 14%).
Housing in Waverly: homes for sale and rent
- Housing units
- 2,249
- Owner-occupied
- 64.2%
- Renter-occupied
- 35.8%
- Vacant
- 19.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.24
Waverly demographics
- Population
- 4,305
- Median age
- 42.8
- Under 18
- 19.8%
- 65 and older
- 25.2%
- Households
- 1,809
- Foreign-born
- 3.4%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Waverly ›
Education in Waverly
13.2% of adults 25 and older in Waverly have a bachelor's degree or higher (New York: 40.2%), and 5.3% have a graduate or professional degree.
Jobs and commute in Waverly
- Unemployment rate
- 7.7%State: 6.4%
- Average commute
- 17 minState: 33 min
- Work from home
- 2.5%
- Drive alone
- 87.5%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 88.2%
Waverly vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waverly | 4,305 | $54,274 | $140,200 | $958 |
| South Waverly | 1,069 | $87,813 | $162,300 | $1,022 |
| Sayre | 5,431 | $50,801 | $169,500 | $968 |
| Greens Landing | 593 | $69,219 | $119,000 | $1,154 |
| Athens | 3,243 | $53,000 | $167,200 | $842 |
| Litchfield | 1,304 | $70,982 | $260,600 | $1,054 |
| Nichols | 601 | $66,250 | $147,000 | $842 |
| Ridgebury | 2,254 | $67,262 | $199,600 | $975 |
| Wellsburg | 448 | $63,750 | $97,900 | $758 |
More for people moving to Waverly
Waverly ZIP code ›Weather and climate ›Living in Waverly: FAQ
What is the median household income in Waverly, NY?
The median household income in Waverly is $54,274, 37% lower than the New York median of $85,974 (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 $140,200, compared with $423,800 in New York.
How much is rent in Waverly?
The median gross rent in Waverly is $958 per month, about 34.2% of household income.
Is Waverly, NY a good place to live?
Pluses: home values 67% lower than the state median; an average commute of 17 minutes; a poverty rate of 7.3%. Minuses: median household income 37% lower than the New York median; unemployment of 7.7%.
What is the median age in Waverly?
The median age in Waverly is 42.8 years (New York: 39.8).
How long is the commute in Waverly?
The average commute to work in Waverly is 17 minutes; 2.5% of workers work from home.
What is the unemployment rate in Waverly?
The unemployment rate in Waverly is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waverly?
13.2% 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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