Waverly, Pennsylvania Demographics & Population 2026

A note before these figures: with a population of 653, 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 Pennsylvania, within Lackawanna County. The total population is 653. It ranks as the 1222nd most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Waverly is 42.5 years. This is 4% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Waverly is $124,167. This is 59% higher than the state median of $77,971. It is also 54% higher than the national median of $80,734. The poverty rate stands at 3.2%. This is 73% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.3%. This is 18% lower than the state rate of 5.3%. The median home value is $405,200. Housing costs are 59% higher than the state median of $254,500. The home-value-to-income ratio is 3.3x. 92.2% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 69.3%.

Race & Ethnicity

Waverly has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Hispanic or Latino residents account for 6.1%.

Education

68.3% 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 94% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 37.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Waverly, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.