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CITY · 2010 ACS

Waverly

Minnesota · 1,357 residents · 1.657 sq mi
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The short version

Waverly is wealthier than most US places, with a median household income of $66,786. The city has grown rapidly, with population up 85% since 2000. Median home value has risen by half since 2000, reaching $186,600. At a median age of 31.6, residents skew younger than the country as a whole. Poverty is rare here, at 2.8% of residents.

At a glance
Wealthier
above the US median
US median: $52,703
Younger
median age 31.6
US median: 37.2
Average education
27% hold a bachelor's degree
US average: 28%
Less affordable
home values up 30%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,357
+85%since 2000
from 732 in 2000
1990 – 2025
Population density
819 / sq mi
+85%since 2000
from 442 / sq mi in 2000
US average: 261
Median age
31.6
−10%since 2000
from 35.3 in 2000
US average: 37.2
Population, 1990 – 2024
4339381K2K2K1990201020202024Waverly
20242K
1990201020202024
Section 02

Income & economy

Median household income
$66,786
+1%inflation adjusted, since 2000
from $52,000 in 2000
US average: $52,703
1990 – 2024
Per capita income
$33,998
+51%since 2000
from $22,552 in 2000
US average: $27,286
Households earning $100K+
38.9%
+4.6 ptssince 2009
from 34.3% in 2009
US average: 33.3%
Poverty rate
2.8%
−1.4 ptssince 2000
from 4.2% in 2000
US average: 13.8%
Income inequality (Gini)
0.407
US average: 0.461
Workforce by industry, 2010
Retail trade15.8%
US avg: 10.9%
Other services11.7%
US avg: 7%
Public administration11.7%
US avg: 4.9%
Information9.3%
US avg: 11.5%
Transportation & warehousing6.9%
US avg: 3.1%
Wholesale trade5.4%
US avg: 7.2%
Finance & insurance4.4%
US avg: 5.1%
Professional, scientific, technical3.8%
US avg: 4.2%
Agriculture, forestry, fishing1.8%
US avg: 1.9%
Construction1.8%
US avg: 1.4%
Education & health services0.7%
US avg: 0.9%
Arts, entertainment, food0.7%
US avg: 2.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$186,600
+30%inflation adjusted, since 2000
from $113,700 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$591
+14%inflation adjusted, since 2000
from $410 in 2000
US average: $853
Owner-occupied
69.2%
−11.8 ptssince 2000
from 81.0% in 2000
17.5% rent
Vacancy rate
18.9%
+10.6 ptssince 2009
from 8.3% in 2009
US average: 12.1%
Owner cost-burdened
31.1%
+2.6 ptssince 2009
from 28.5% in 2009
US average: 30.9%
Renter cost-burdened
43.8%
+10.4 ptssince 2009
from 33.3% in 2009
US average: 46.8%
Afford Score
2.8
+28%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Waverly on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.9%(724)
Black0.1%(1)
Hispanic / Latino0.3%(2)
Asian0.3%(2)
Other0%
Diversity Score1.7%(12)
2010
White, non-Hispanic96.4%(1,308)
Black0.5%(7)
Hispanic / Latino1.3%(17)
Asian0.6%(8)
Other2.4%(33)
Diversity Score11.5%(155)
Diversity Score
11
+571%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.0%
+11.3 ptssince 2000
from 15.7% in 2000
US average: 27.9%
High school or higher
93.1%
+6.3 ptssince 2000
from 86.8% in 2000
US average: 84.9%
Graduate degree
3.1%
+0.8 ptssince 2000
from 2.3% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
36.5 min
+54%since 2000
from 23.6 min in 2000
US average: 25.2
Drive alone to work
81.2%
−3.0 ptssince 2009
from 84.2% in 2009
US average: 76.2%
Carpooled to work
6.9%
−0.7 ptssince 2009
from 7.6% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
6.9%
Unchangedsince 2009
from 6.9% in 2009
US average: 4.1%
Walked to work
2.8%
+1.5 ptssince 2009
from 1.3% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.7%
−1.4 ptssince 2009
from 2.1% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
3.9%
−0.1 ptssince 2009
from 4.0% in 2009
US average: 12.9%
Management & professional
34.4%
−31.8 ptssince 2009
from 66.2% in 2009
US average: 35.2%
Section 08

People & community

Male
50.6%
−4.9 ptssince 2009
from 55.5% in 2009
Female
49.4%
+4.9 ptssince 2009
from 44.5% in 2009
Foreign born
0.7%
−0.4 ptssince 2009
from 1.2% in 2009
US average: 12.8%
Veterans
16.9%
−35.0 ptssince 2009
from 51.9% in 2009
US average: 9.9%
Drill deeper

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Compare Waverly to nearby cities

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Buffalo
Income$88,820+33%
Home value$314,400+68%
Population16,878+636%
SEE FULL COMPARISON →
WAVERLY VS
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Income$163,051+144%
Home value$658,300+253%
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WAVERLY VS
St. Michael
Income$131,274+97%
Home value$390,100+109%
Population22,498+881%
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WAVERLY VS
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Home value$370,800+99%
Population9,064+295%
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Frequently asked

How many people live in Waverly, Minnesota?

Waverly, Minnesota has about 1,357 residents according to the 2010 American Community Survey.

What is the median household income in Waverly, Minnesota?

The typical household in Waverly, Minnesota earns about $66,786 a year. Half of households make more than that, and half make less.

Is Waverly, Minnesota expensive?

In Waverly, Minnesota, the median home is worth about $186,600, and the typical rent is about $591 a month.

How educated are people in Waverly, Minnesota?

About 27.0% of adults age 25 and over in Waverly, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Waverly, Minnesota?

About 2.8% of people in Waverly, Minnesota live below the federal poverty line.

Has Waverly, Minnesota grown since 1990?

Yes, Waverly, Minnesota has grown since 1990. The population has added about 756 residents, a change of about 126 percent over that period.

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

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