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Waverly city, Tennessee Demographics & Population 2026

As of 2026, Waverly city, Tennessee has a total population of 4,278, the 131st largest city in Tennessee, with a median household income of $45,600, which is 32% lower than the state average. The poverty rate is 15.0%.

Key Takeaways

Waverly city Quick Facts

Population 4,278
Median Household Income $45,600
Median Home Value $164,700
Poverty Rate 15.0%
Unemployment Rate 18.8%
Median Age 46.1 years
Homeownership Rate 72.6%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 20.5%
High School Graduation Rate 90.1%
Diversity Index 14/100
Population 4,278 131st of 504
Median Income $45,600 bottom 30%
Poverty Rate 15.0% 20% higher national
Median Home Value $164,700 average

How Waverly city Compares

Economy & Housing

Employment

18.8% Unemployment Rate State: 4.7% | National: 5.2%
55.2% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Affordable
3.6x home value to income ratio

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 46 | National average: 60

Education

Waverly city Rankings in Tennessee

#131 Population of 504
#337 Median Income of 504
#183 Education of 504
#262 Home Value of 504

Cities Similar to Waverly city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Selmer town4,456$48,092$111,60011.4%22.8%
Huntingdon town4,413$49,421$128,90029.0%19.1%
Trenton city4,175$50,645$130,90016.8%23.2%
Rogersville town4,638$46,536$183,60020.2%18.6%
Whiteville town4,689$43,438$87,0004.9%28.1%

Population Overview

Waverly city is a small community located in Tennessee. The total population is 4,278. It ranks as the 131st most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Waverly city is 46.1 years. This is 19% higher than the state median of 38.9 years. Only 11.0% of residents are under 18, indicating fewer families with children. 11.7% 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 city is $45,600. This is 32% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 42% lower. The poverty rate stands at 15.0%. This is 9% higher than the state poverty rate of 13.8%. The unemployment rate is 18.8%. This is 297% higher than the state rate of 4.7%. The median home value is $164,700. Housing costs are 36% lower than the state median of $256,800. The home-value-to-income ratio is 3.6x. 72.6% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 67.0%.

Race & Ethnicity

Waverly city has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Black or African American residents account for 2.3%. The Black or African American population (2.3%) is well below the state average of 15.7%. The Hispanic or Latino population (1.7%) is well below the state average of 7.1%. The Asian population (0.0%) is well below the state average of 1.8%.

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.1%.

Data Sources & Methodology

All demographic data for Waverly city, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Waverly city, Tennessee?

Waverly city, Tennessee has a population of 4,278 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waverly city, TN?

The median household income in Waverly city is $45,600, which is 42% lower the national median of $78,538.

What is the poverty rate in Waverly city, TN?

The poverty rate in Waverly city is 15.0%. This means approximately 620 residents live below the federal poverty line.

What is the racial makeup of Waverly city, Tennessee?

Waverly city's population is 92.5% White, 2.3% Black, 1.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Waverly city, TN?

The median home value in Waverly city is $164,700. The home-value-to-income ratio is 3.6x.

How educated is Waverly city, Tennessee?

20.5% of adults (25+) in Waverly city hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.