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ZipNumbers

Virginia · Census place 83600

Waverly town, VA

Quick answer

Waverly town has 2,629 residents, ranking #257 of 688 places in Virginia. Median household income is $71,154, the median home is worth $135,300 and median gross rent runs $947 a month.

Population
2,629Waverly town residents
Median household income
$71,154Past 12 months, inflation adjusted
Median home value
$135,300Owner-occupied units
Median gross rent
$947Rent plus utilities, monthly
Median age
39.4 yrsAll residents
Homeownership rate
57%Owner-occupied households

What the numbers mean in Waverly town

Housing cost measured against local earnings.

A household earning the Waverly town median would spend about 16% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.9% of residents and 57% 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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