Skip to main content

Waverly, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Waverly, Iowa had a total population of 10,494, the 40th largest city in Iowa, with a median household income of $80,284, which is 7% higher than the state average. The poverty rate is 10.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Waverly Quick Facts

Population 10,494
Median Household Income $80,284
Median Home Value $223,300
Poverty Rate 10.9%
Unemployment Rate 3.5%
Median Age 32.8 years
Homeownership Rate 69.0%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 44.1%
High School Graduation Rate 95.0%
Diversity Index 20/100
Population 10,494 40th of 1,017
Median Income $80,284 top 30%
Poverty Rate 10.9% 13% lower than national
Median Home Value $223,300 top 20%

How Waverly Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population10,44610,494+0.5%
Median household income$78,429$80,284+2.4%
Median home value$215,200$223,300+3.8%

How Waverly Compares

Economy & Housing

Household Income Distribution

Under $25K 13.2%
$25K-$50K 15.8%
$50K-$100K 34.3%
$100K+ 36.7%
Detailed income brackets
Under $10K
5.2%
$10K-$15K
2.0%
$15K-$20K
1.3%
$20K-$25K
4.7%
$25K-$30K
1.5%
$30K-$35K
4.6%
$35K-$40K
4.2%
$40K-$45K
2.5%
$45K-$50K
3.1%
$50K-$60K
10.2%
$60K-$75K
8.4%
$75K-$100K
15.7%
$100K-$125K
13.3%
$125K-$150K
9.0%
$150K-$200K
6.7%
$200K+
7.7%

Employment

3.5% Unemployment Rate State: 3.6%|National: 5.2%
65.5% Labor Force Participation

Housing Overview

Owner 69.0%
Renter 31.0%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $1,057/mo 15.8% of median household income annually

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Waverly Rankings in Iowa

#40 Population of 1,017
#223 Median Income of 948
#56 Education of 1,016
#113 Home Value of 947

Other Cities in Bremer County

CityPopulationMedian IncomePovertyHome Value
Denver 2,379 $92,000 6.7% $229,200
Sumner 2,106 $58,854 13.6% $118,000
Tripoli 1,156 $78,324 3.3% $120,500
Readlyn 736 $86,103 5.3% $168,400
Plainfield 314 $80,000 10.2% $128,100
Frederika 236 $57,083 14.0% $98,100

Cities Similar to Waverly

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pella10,720$84,111$292,70047.3%5.9%
Le Mars10,640$74,701$219,20021.1%9.2%
Carroll10,208$69,706$188,70027.1%8.9%
Pleasant Hill11,136$90,508$295,10035.5%8.9%
Grinnell9,505$65,320$209,50037.5%11.1%

Population Overview

Waverly is a small city located in Iowa, within Bremer County. The total population is 10,494. It ranks as the 40th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Waverly is 32.8 years. This is 15% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Waverly is $80,284. This is 7% higher than the state median of $75,059. It is also about the same as the national median of $80,734. The poverty rate stands at 10.9%. This is 2% lower than the state poverty rate of 11.1%. The unemployment rate is 3.5%. This is 3% lower than the state rate of 3.6%. The median home value is $223,300. Housing costs are 7% higher than the state median of $208,000. With a home-value-to-income ratio of just 2.8x, Waverly is one of the most affordable housing markets in the area. 69.0% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 71.7%.

Race & Ethnicity

Waverly has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Hispanic or Latino residents account for 3.6%. The Hispanic or Latino population (3.6%) is well below the state average of 7.3%.

Education

44.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Waverly in the top 10% of all cities in the state for educational attainment. This is 40% higher than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%. Notably, 18.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Waverly, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Waverly, Iowa?

Waverly, Iowa has a population of 10,494 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waverly, IA?

The median household income in Waverly is $80,284, which is about the same as the national median of $80,734.

What is the poverty rate in Waverly, IA?

The poverty rate in Waverly is 10.9%. This means approximately 992 residents live below the federal poverty line.

What is the racial makeup of Waverly, Iowa?

Waverly's population is 89.3% White, 2.4% Black, 3.6% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Waverly, IA?

The median home value in Waverly is $223,300. The home-value-to-income ratio is 2.8x.

How educated is Waverly, Iowa?

44.1% of adults (25+) in Waverly hold a bachelor's degree or higher, and 18.3% hold a graduate or professional degree.