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ZipNumbers

Illinois · Census place 79358

Waverly city, IL

Quick answer

Waverly city has 1,456 residents, ranking #592 of 1462 places in Illinois. Median household income is $55,882, the median home is worth $97,600 and median gross rent runs $753 a month.

Population
1,456Waverly city residents
Median household income
$55,882Past 12 months, inflation adjusted
Median home value
$97,600Owner-occupied units
Median gross rent
$753Rent plus utilities, monthly
Median age
41.4 yrsAll residents
Homeownership rate
81.2%Owner-occupied households

What the numbers mean in Waverly city

Housing cost measured against local earnings.

A household earning the Waverly city median would spend about 16.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.1% of residents and 81.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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