What is the population of Waverly city?

Waverly city has 4,278 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #131 of 504 in Tennessee.

What is the median household income in Waverly city?

Median household income in Waverly city is $45,600 a year, 41.9% below the national figure of $78,538.

How much does it cost to rent or buy in Waverly city?

Median gross rent is $841 a month and the median home value is $164,700, so rent absorbs about 22.1% of median household income.

Is Waverly city affordable compared with the rest of the US?

Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Waverly city is more affordable to buy in than the typical US market, and rent takes 22.1% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Tennessee · Census place 78560

Waverly, TN population, income and ZIP codes

Quick answer

The population of the city of Waverly, Tennessee (Waverly, TN — Census place “Waverly city”) is 4,278 residents, ranking #131 of 504 places in Tennessee. Median household income is $45,600, the median home is worth $164,700 and median gross rent runs $841 a month. Looking for the Waverly Tennessee ZIP code list? 1 ZIP codes serve Waverly, TN: 37185.

Population: 4,278Waverly city residents
Median household income: $45,600Past 12 months, inflation adjusted
Median home value: $164,700Owner-occupied units
Median gross rent: $841Rent plus utilities, monthly
Median age: 46.1 yrsAll residents
Homeownership rate: 72.6%Owner-occupied households

Waverly ZIP codes (Tennessee)

Census ZCTAs whose delivery area overlaps Waverly.

The Waverly TN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

37185

What the numbers mean in Waverly city

Housing cost measured against local earnings.

A household earning the Waverly city median would spend about 22.1% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 72.6% 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 city, TN in context

How this area compares with national benchmarks.

Waverly city is a small town in Tennessee, with 4,278 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #131 of 504 ranked by population — larger than 74% of them. The median age here is 46.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 city earn a median of $45,600 a year, 41.9% below the national figure of $78,538 and 19% below the $55,988 median for the 307 Tennessee 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 15% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Waverly city is valued at $164,700, 45.7% below the national figure and 14% below the $191,100 peer median, while median gross rent runs $841 a month, 40.2% below the national figure, or roughly $10,092 across a full year. A household on the local median income would put about 22.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 72.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Tennessee.

More Tennessee coverage.

Frequently asked questions

Common questions about this area.

What is the population of Waverly city?: Waverly city has 4,278 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #131 of 504 in Tennessee.
What is the median household income in Waverly city?: Median household income in Waverly city is $45,600 a year, 41.9% below the national figure of $78,538.
How much does it cost to rent or buy in Waverly city?: Median gross rent is $841 a month and the median home value is $164,700, so rent absorbs about 22.1% of median household income.
Is Waverly city affordable compared with the rest of the US?: Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Waverly city is more affordable to buy in than the typical US market, and rent takes 22.1% of median income against the 30% cost-burden line.
How current is this Waverly city 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.