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Indiana · Census place 81494

Waverly, IN population, income and housing data

Quick answer

The population of the city of Waverly, Indiana (Waverly, IN — Census place “Waverly CDP”) is 1,006 residents, ranking #356 of 976 places in Indiana. Median household income is $72,426, the median home is worth $254,100 and median gross rent runs — a month.

Population
1,006Waverly CDP residents
Median household income
$72,426Past 12 months, inflation adjusted
Median home value
$254,100Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
36.7 yrsAll residents
Homeownership rate
82.3%Owner-occupied households

What the numbers mean in Waverly CDP

Housing cost measured against local earnings.

The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.1% of residents and 82.3% of households own their home.

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

Waverly CDP, IN in context

How this area compares with national benchmarks.

Waverly CDP is a small town in Indiana, with 1,006 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #356 of 976 ranked by population — larger than 63% of them. The median age here is 36.7 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Waverly CDP earn a median of $72,426 a year, 7.8% below the national figure of $78,538 and 18% above the $61,527 median for the 355 Indiana cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 3.1% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Waverly CDP is valued at $254,100, 16.2% below the national figure and 75% above the $145,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 3.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 82.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

The Census withheld gross rent for Waverly CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Waverly CDP?
Waverly CDP has 1,006 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #356 of 976 in Indiana.
What is the median household income in Waverly CDP?
Median household income in Waverly CDP is $72,426 a year, 7.8% below the national figure of $78,538.
How much does it cost to rent or buy in Waverly CDP?
Median gross rent is not published a month and the median home value is $254,100.
Is Waverly CDP affordable compared with the rest of the US?
Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Waverly CDP is more affordable to buy in than the typical US market.
How current is this Waverly CDP data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.