Waverly, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Waverly, Kentucky had a total population of 403, the 383rd largest city in Kentucky, with a median household income of $62,188, which is 2% lower than the state average. The poverty rate is 16.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 9.3% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
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 | 361 | 403 | +11.6% |
| Median household income | $61,250 | $62,188 | +1.5% |
| Median home value | $100,000 | $95,000 | -5.0% |
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: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Waverly Rankings in Kentucky
Explore Kentucky Rankings
Other Cities in Union County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Morganfield | 3,185 | $65,829 | 15.9% | $113,600 |
| Sturgis | 1,864 | $36,780 | 16.4% | $84,500 |
| Breckinridge Center | 1,467 | $64,152 | 51.8% | N/A |
| Uniontown | 874 | $43,857 | 13.3% | $61,900 |
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 |
|---|---|---|---|---|---|
| Plum Springs | 405 | $61,635 | $163,000 | 19.4% | 12.8% |
| Maceo | 418 | N/A | $145,500 | 0.0% | 2.1% |
| Virgie | 424 | N/A | $209,200 | 7.0% | 38.9% |
| Wallins Creek | 383 | N/A | $177,500 | 0.0% | 2.6% |
| Meadowview Estates | 390 | $56,875 | $216,700 | 33.4% | 11.3% |
A note before these figures: with a population of 403, 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 Kentucky, within Union County. The total population is 403. It ranks as the 383rd most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Waverly is 48.5 years. This is 24% higher than the state median of 39.1 years. 10.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Waverly is $62,188. This is 2% lower than the state median of $63,726. It is also 23% lower than the national median of $80,734. The poverty rate stands at 16.9%. This is 5% higher than the state poverty rate of 16.1%. 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 $95,000. Housing costs are 54% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.5x, Waverly is one of the most affordable housing markets in the area. 83.8% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 68.3%.
Race & Ethnicity
Waverly has a predominantly White (non-Hispanic) population, comprising 98.8% of all residents.
Education
9.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.
Data Sources & Methodology
All demographic data for Waverly, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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 Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Waverly, Kentucky?
Waverly, Kentucky has a population of 403 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Waverly, KY?
The median household income in Waverly is $62,188, which is 23% lower than the national median of $80,734.
What is the poverty rate in Waverly, KY?
The poverty rate in Waverly is 16.9%. This means approximately 68 residents live below the federal poverty line.
What is the racial makeup of Waverly, Kentucky?
Waverly's population is 98.8% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Waverly, KY?
The median home value in Waverly is $95,000. The home-value-to-income ratio is 1.5x.
How educated is Waverly, Kentucky?
9.3% of adults (25+) in Waverly hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.