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CITY

Waverly

Illinois · 1,142 residents (2025 est.) · 1.036 sq mi
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The short version

Waverly has notably lower household income than the US average, with a median household income of $55,671. Population has held roughly steady since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2000, reaching $98,400. Households here earn about 33% less than the Illinois median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 41.7
US median: 38.9
Less educated
18% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,375
+2%since 2000
from 1,346 in 2000
1990 – 2025
Population density
1,327 / sq mi
+2%since 2000
from 1,299 / sq mi in 2000
US average: 281
Median age
41.7
+5%since 2000
from 39.9 in 2000
US average: 38.9

PEP 2025 EST:1,142 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K1K1K2K1990201020202024Waverly
20241K
1990201020202024
Section 02

Income & economy

Median household income
$55,671
−15%inflation adjusted, since 2000
from $36,111 in 2000
US average: $82,259
1990 – 2024
Per capita income
$32,182
+77%since 2000
from $18,205 in 2000
US average: $44,673
Households earning $100K+
32.3%
+15.1 ptssince 2009
from 17.1% in 2009
US average: 53.3%
Poverty rate
7.9%
−0.1 ptssince 2000
from 8.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.437
+18%since 2010
from 0.371 in 2010
US average: 0.476
Workforce by industry, 2024
Finance & insurance21.8%
US avg: 5.9%
Professional, scientific, technical20.4%
US avg: 5.1%
Other services10.7%
US avg: 6.7%
Public administration10.2%
US avg: 4.8%
Information8.3%
US avg: 10.8%
Retail trade6.6%
US avg: 9.9%
Wholesale trade4.1%
US avg: 6.9%
Transportation & warehousing4%
US avg: 2.2%
Agriculture, forestry, fishing2.9%
US avg: 1.6%
Construction2.9%
US avg: 1.2%
Education & health services1.4%
US avg: 0.9%
Arts, entertainment, food1.2%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$98,400
−4%inflation adjusted, since 2000
from $56,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$772
−6%inflation adjusted, since 2000
from $452 in 2000
US average: $1,442
Owner-occupied
82.3%
+0.7 ptssince 2000
from 81.6% in 2000
17.7% rent
Vacancy rate
12.1%
+5.5 ptssince 2009
from 6.7% in 2009
US average: 10.0%
Owner cost-burdened
26.8%
+7.5 ptssince 2009
from 19.3% in 2009
US average: 22.9%
Renter cost-burdened
19.1%
−20.4 ptssince 2009
from 39.6% in 2009
US average: 47.4%
Afford Score
1.8
+13%since 2000
from 1.6 in 2000
1990 – 2024
Gentrification Score
39
RELATED:See current rent listings in Waverly on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.3%(1,336)
Black0%(0)
Hispanic / Latino0.3%(4)
Asian0%(0)
Other0%
Diversity Score0.7%(10)
2024
White, non-Hispanic88.2%(1,213)
Black1.7%(24)
Hispanic / Latino7.8%(107)
Asian0.7%(10)
Other1.5%(21)
Diversity Score26.9%(370)
Diversity Score
27
+3514%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.0%
+5.2 ptssince 2000
from 12.8% in 2000
US average: 35.6%
High school or higher
93.2%
+10.6 ptssince 2000
from 82.6% in 2000
US average: 89.6%
Graduate degree
6.5%
+2.1 ptssince 2000
from 4.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.5 min
+12%since 2000
from 20.1 min in 2000
US average: 26.5
Drive alone to work
86.3%
+8.1 ptssince 2009
from 78.3% in 2009
US average: 68.9%
Carpooled to work
5.7%
−5.6 ptssince 2009
from 11.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
7.1%
+4.1 ptssince 2009
from 3.0% in 2009
US average: 15.0%
Walked to work
0.9%
−5.3 ptssince 2009
from 6.1% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
5.1%
−0.8 ptssince 2009
from 5.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.9%
−2.8 ptssince 2011
from 7.7% in 2011
US average: 5.2%
Labor force participation
58.0%
−0.3 ptssince 2011
from 58.3% in 2011
US average: 63.5%
Self-employed
19.7%
+10.7 ptssince 2009
from 9.0% in 2009
US average: 13.1%
Management & professional
37.1%
−22.4 ptssince 2009
from 59.6% in 2009
US average: 42.5%
Section 08

People & community

Male
46.3%
+3.7 ptssince 2009
from 42.6% in 2009
Female
53.7%
−3.7 ptssince 2009
from 57.4% in 2009
Foreign born
1.2%
+0.6 ptssince 2009
from 0.6% in 2009
US average: 14.1%
Veterans
9.6%
−32.8 ptssince 2009
from 42.4% in 2009
US average: 6.2%
With a disability
15.5%
+0.7 ptssince 2012
from 14.8% in 2012
US average: 13.3%
Uninsured
2.5%
−86.2 ptssince 2013
from 88.7% in 2013
US average: 8.4%
Broadband at home
87.2%
+17.2 ptssince 2017
from 70.0% in 2017
US average: 91.0%
English only at home
97.6%
+0.6 ptssince 2016
from 97.0% in 2016
US average: 77.7%
Spanish at home
2.4%
+0.6 ptssince 2016
from 1.8% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Waverly to nearby cities

WAVERLY VS
Chatham
Income$106,773+92%
Home value$243,200+147%
Population14,579+1177%
SEE FULL COMPARISON →
WAVERLY VS
Jacksonville
Income$65,432+18%
Home value$128,200+30%
Population17,752+1454%
SEE FULL COMPARISON →
WAVERLY VS
Springfield
Income$66,064+19%
Home value$162,100+65%
Population112,989+9794%
SEE FULL COMPARISON →
WAVERLY VS
Taylorville
Income$57,552+3%
Home value$104,100+6%
Population10,522+821%
SEE FULL COMPARISON →
Frequently asked

How many people live in Waverly, Illinois?

Waverly, Illinois has about 1,375 residents according to the 2024 American Community Survey.

What is the median household income in Waverly, Illinois?

The typical household in Waverly, Illinois earns about $55,671 a year. Half of households make more than that, and half make less.

Is Waverly, Illinois expensive?

In Waverly, Illinois, the median home is worth about $98,400, and the typical rent is about $772 a month.

How educated are people in Waverly, Illinois?

About 18.0% of adults age 25 and over in Waverly, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Waverly, Illinois?

About 7.9% of people in Waverly, Illinois live below the federal poverty line.

Has Waverly, Illinois grown since 1990?

Yes, Waverly, Illinois has shrunk since 1990. The population has lost about 27 residents, a change of about -2 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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