Skip to main content

Waverly, Tennessee Demographics & Population 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

During the 2020–2024 ACS period, Waverly, Tennessee had a total population of 4,302, the 131st largest city in Tennessee, with a median household income of $43,773, which is 37% lower than the state average. The poverty rate is 16.2%.

Key Takeaways

Waverly Quick Facts

Population 4,30290% MOE ±12
Median Household Income $43,77390% MOE ±$8,632
Median Home Value $171,90090% MOE ±$29,287
Poverty Rate 16.2%90% MOE ±8.6 pts
Unemployment Rate 14.1%90% MOE ±11.0 pts
Median Age 46.0 years90% MOE ±4.1 years
Homeownership Rate 69.2%90% MOE ±9.8 pts
Affordability Ratio 3.9x
Bachelor's Degree or Higher 16.3%90% MOE ±6.6 pts
Adults 25+ with high school education or higher 88.4%
Diversity Index 14/100
Population 4,302 131st of 502
Median Income $43,773 bottom 20%
Poverty Rate 16.2% 30% higher than national
Median Home Value $171,900 below average

How Waverly Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric2015–20192020–2024Change
Population4,1174,302+4.5%
Median household income$49,378$43,773No clear change (-11.4%)
Median home value¹$141,778$171,900No clear change (+21.2%)
Median gross rent$741$916No clear change (+23.6%)
¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

How Waverly Compares

Median Household Income

Waverly
$43,773
TN
$69,595
National
$80,734

Median Home Value

Waverly
$171,900
TN
$286,700
National
$332,700

Economy & Housing

Household Income Distribution

Under $25K 20.2%
$25K-$50K 36.5%
$50K-$100K 27.8%
$100K+ 15.4%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
2.0%
$15K-$20K
3.1%
$20K-$25K
8.9%
$25K-$30K
13.5%
$30K-$35K
0.9%
$35K-$40K
4.9%
$40K-$45K
11.7%
$45K-$50K
5.5%
$50K-$60K
12.1%
$60K-$75K
6.0%
$75K-$100K
9.8%
$100K-$125K
5.4%
$125K-$150K
4.7%
$150K-$200K
0.6%
$200K+
4.7%

Employment

14.1% Unemployment Rate State: 4.7%|National: 5.2%
54.4% Labor Force Participation

Housing Overview

Owner 69.2%
Renter 30.8%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $916/mo 25.1% of median household income annually

People & Demographics

Age Distribution

Under 18
9.9%
18-34
23.8%
35-54
26.8%
55-74
27.9%
75+
11.7%

Race & Ethnicity

  • White: 92.5%
  • Black: 1.7%
  • Hispanic: 0.3%
  • Asian: 0.0%
  • Other: 0.0%

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: 61

Education

Educational Attainment (Adults 25+)

  • < High School: 11.6%
  • HS Diploma: 40.2%
  • Some College: 20.4%
  • Associate's: 11.5%
  • Bachelor's: 11.6%
  • Graduate+: 4.7%

Waverly Rankings in Tennessee

#131 Population of 502
#367 Median Income of 453
#254 Education of 502
#287 Home Value of 464

Other Cities in Humphreys County

CityPopulationMedian IncomePovertyHome Value
New Johnsonville 2,060 $78,661 10.9% $158,400
McEwen 1,806 $60,781 9.6% $205,300

Cities Similar to Waverly

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Whiteville4,530$42,105$124,4002.7%28.3%
Algood4,036$42,359$190,30023.6%32.9%
Huntingdon4,441$51,969$160,50027.1%20.1%
Rogersville4,647$47,500$192,80020.5%15.7%
Livingston3,999$39,567$123,0008.6%16.2%

Population Overview

Waverly is a small community located in Tennessee, within Humphreys County. The total population is 4,302. It ranks as the 131st most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Waverly is 46.0 years. This is 18% higher than the state median of 38.9 years. Only 9.9% 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 is $43,773. This is 37% lower than the state median of $69,595. It is also 46% lower than the national median of $80,734. The poverty rate stands at 16.2%. This is 18% higher than the state poverty rate of 13.8%. The unemployment rate is 14.1%. This is 201% higher than the state rate of 4.7%. The median home value is $171,900. Housing costs are 40% lower than the state median of $286,700. The home-value-to-income ratio is 3.9x. 69.2% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 66.9%.

Race & Ethnicity

Waverly has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Black or African American residents account for 1.7%. The Black or African American population (1.7%) is well below the state average of 15.4%. The Hispanic or Latino population (0.3%) is well below the state average of 7.4%. The Asian population (0.0%) is well below the state average of 1.9%.

Education

16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.4%.

Data Sources & Methodology

All demographic data for Waverly, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. 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 Tennessee city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Waverly, Tennessee?

Waverly, Tennessee has a population of 4,302 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waverly, TN?

The median household income in Waverly is $43,773, which is 46% lower than the national median of $80,734.

What is the poverty rate in Waverly, TN?

The poverty rate in Waverly is 16.2%. This means approximately 676 residents live below the federal poverty line.

What is the racial makeup of Waverly, Tennessee?

Waverly's population is 92.5% White, 1.7% Black, 0.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Waverly, TN?

The median home value in Waverly is $171,900. The home-value-to-income ratio is 3.9x.

How educated is Waverly, Tennessee?

16.3% of adults (25+) in Waverly hold a bachelor's degree or higher, and 4.7% hold a graduate or professional degree.