Michigan · Census place 84800
Waverly CDP, MI
Quick answer
Waverly CDP has 23,301 residents, ranking #54 of 745 places in Michigan. Median household income is $75,868, the median home is worth $222,300 and median gross rent runs $1,125 a month.
- Population
- 23,301Waverly CDP residents
- Median household income
- $75,868Past 12 months, inflation adjusted
- Median home value
- $222,300Owner-occupied units
- Median gross rent
- $1,125Rent plus utilities, monthly
- Median age
- 40.7 yrsAll residents
- Homeownership rate
- 55.8%Owner-occupied households
What the numbers mean in Waverly CDP
Housing cost measured against local earnings.
A household earning the Waverly CDP median would spend about 17.8% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.5% of residents and 55.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Romulus city 24,951
- Auburn Hills city 24,911
- Wyandotte city 24,593
- Birmingham city 21,612
- Mount Pleasant city 21,420
- Marquette city 20,691
- Adrian city 20,493
Keep going
More Michigan coverage.