Waverly CDP, Michigan Demographics & Population 2026

Name: Waverly CDP, Michigan Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Waverly CDP, Michigan has a total population of 23,301, the 54th largest city in Michigan, with a median household income of $75,868, which is 7% higher than the state average. The poverty rate is 8.5%.

Waverly CDP Quick Facts

Population 23,301

Median Household Income $75,868

Median Home Value $222,300

Poverty Rate 8.5%

Unemployment Rate 5.3%

Median Age 40.7 years

Homeownership Rate 55.8%

Affordability Ratio 2.9x

Bachelor's Degree or Higher 43.9%

High School Graduation Rate 94.3%

Diversity Index 54/100

Population 23,301 54th of 745

Median Income $75,868 top 30%

Poverty Rate 8.5% 32% lower national

Median Home Value $222,300 top 30%

How Waverly CDP Compares

Median Household Income

Waverly CDP

$75,868

$71,149

National

$78,538

Median Home Value

Waverly CDP

$222,300

$217,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 13.1%

$25K-$50K 17.5%

$50K-$100K 35.0%

$100K+ 34.4%

Employment

5.3% Unemployment Rate State: 5.8% | National: 5.2%

65.7% Labor Force Participation

Housing Overview

Owner 55.8%

Renter 44.2%

Affordability Index Very Affordable

2.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

16.1%

18-34

24.9%

35-54

22.4%

55-74

26.7%

75+

10.0%

Race & Ethnicity

Diversity Index

Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 44 | National average: 60

Education

Educational Attainment (Adults 25+)

Waverly CDP Rankings in Michigan

#54 Population of 745

#175 Median Income of 745

#108 Education of 745

#180 Home Value of 745

Explore Michigan Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Waverly CDP

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

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Auburn Hills city	24,911	$78,727	$233,900	47.0%	11.2%
Norton Shores city	25,000	$73,390	$214,000	33.2%	5.8%
Walker city	25,201	$73,835	$266,400	36.5%	7.7%
Romulus city	24,951	$72,235	$149,100	17.8%	11.0%
Wyandotte city	24,593	$67,846	$159,700	21.1%	15.3%

Population Overview

Waverly CDP is a small city located in Michigan. The total population is 23,301. It ranks as the 54th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Waverly CDP is 40.7 years. This is 1% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Waverly CDP is $75,868. This is 7% higher than the state median of $71,149. Compared to the national median of $78,538, household income here is 3% lower. The poverty rate stands at 8.5%. This is 35% lower than the state poverty rate of 13.1%. The unemployment rate is 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $222,300. Housing costs are 2% higher than the state median of $217,600. With a home-value-to-income ratio of just 2.9x, Waverly CDP is one of the most affordable housing markets in the area. 55.8% of occupied housing units are owner-occupied. This homeownership rate is 24% lower than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Waverly CDP is White (non-Hispanic), making up 64.5% of the population. Black or African American residents account for 15.1%. The Asian population is significantly higher than the state average (6.7% vs 3.3%).

Education

43.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% higher than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%. Notably, 16.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Waverly CDP, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Waverly CDP, Michigan?

Waverly CDP, Michigan has a population of 23,301 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waverly CDP, MI?

The median household income in Waverly CDP is $75,868, which is 3% lower the national median of $78,538.

What is the poverty rate in Waverly CDP, MI?

The poverty rate in Waverly CDP is 8.5%. This means approximately 1,953 residents live below the federal poverty line.

What is the racial makeup of Waverly CDP, Michigan?

Waverly CDP's population is 64.5% White, 15.1% Black, 8.1% Hispanic/Latino, and 6.7% Asian.

What is the median home value in Waverly CDP, MI?

The median home value in Waverly CDP is $222,300. The home-value-to-income ratio is 2.9x.

How educated is Waverly CDP, Michigan?

43.9% of adults (25+) in Waverly CDP hold a bachelor's degree or higher, and 16.7% hold a graduate or professional degree.