Waverly, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Waverly, Indiana had a total population of 967, the 360th largest community in Indiana, with a median household income of $49,063, which is 32% lower than the state average. The poverty rate is 19.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 32% below the state average, indicating significant economic challenges.
- Only 0.0% of adults have a bachelor's degree, well below the national average of 35.7%.
Waverly Quick Facts
How Waverly Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,006 | 967 | -3.9% |
| Median household income | $72,426 | $49,063 | -32.3% |
| Median home value | $254,100 | $238,800 | -6.0% |
How Waverly Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Waverly Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Waverly
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hymera | 937 | $47,102 | $90,500 | 5.6% | 13.0% |
| Bunker Hill | 940 | $52,973 | $91,600 | 11.5% | 14.1% |
| Andrews | 1,038 | $49,500 | $90,500 | 4.5% | 7.8% |
| Royal Center | 919 | $51,818 | $83,800 | 20.5% | 11.6% |
| Lyons | 920 | $53,365 | $82,100 | 4.9% | 23.2% |
A note before these figures: with a population of 967, Waverly's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Waverly is a small community located in Indiana. The total population is 967. It ranks as the 360th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Waverly is 36.6 years. This is 4% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Waverly is $49,063. This is 32% lower than the state median of $71,957. It is also 39% lower than the national median of $80,734. The poverty rate stands at 19.0%. This is 54% higher than the state poverty rate of 12.3%. The survey records no unemployed residents in Waverly, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $238,800. Housing costs are 9% higher than the state median of $218,200. The home-value-to-income ratio is 4.9x. 81.2% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 70.5%.
Race & Ethnicity
Every resident counted in Waverly was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.
Data Sources & Methodology
All demographic data for Waverly, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Waverly, Indiana?
Waverly, Indiana has a population of 967 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Waverly, IN?
The median household income in Waverly is $49,063, which is 39% lower than the national median of $80,734.
What is the poverty rate in Waverly, IN?
The poverty rate in Waverly is 19.0%. This means approximately 184 residents live below the federal poverty line.
What is the racial makeup of Waverly, Indiana?
Waverly's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Waverly, IN?
The median home value in Waverly is $238,800. The home-value-to-income ratio is 4.9x.
How educated is Waverly, Indiana?
0.0% of adults (25+) in Waverly hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.