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ZipNumbers

Tennessee · Census place 78560

Waverly city, TN

Quick answer

Waverly city has 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.

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

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

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