City

Waverly, IL

1 ZIP code  ·  Morgan County  ·  Illinois

👥2,128Population
💰$66,619Median HH Income▼ 13% below avg
🎂46.0Median Age
🏠$115,200Median Home Value▼ 59% below avg
🎓31.5%College Grads▼ 19% below avg
📊3.4%Unemployment▼ 32% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 46.2% Female 53.9% ♀

Race & Ethnicity

White: 89.9%Hispanic: 6.3%Black: 1.6%Asian: 0.7%Other: 1.6%Race
White89.9%
Hispanic6.3%
Black1.6%
Asian0.7%
Other1.6%

Age Breakdown

Under 5
9%
5–17
15%
18–24
7%
25–44
17%
45–64
31%
65+
10%

Key Indicators

Median Age46.0 yrs
Avg HH Size2.43
Below Poverty7.9% ▼ 21% below avg
College Grads31.5% ▼ 19% below avg
Unemployment3.4% ▼ 32% below avg
HS Graduate506 (36.2%)
Some College267 (19.1%)
Associates183 (13.1%)
Bachelors139 (10%)
Graduate Degree301 (21.6%)

Education

HS Grad: 36.2%Some College: 19.1%Associates: 13.1%Bachelors: 10%Graduate: 21.6%Edu
HS Grad36.2%
Some College19.1%
Associates13.1%
Bachelors10.0%
Graduate21.6%
Housing & Income

Housing Tenure

Owner: 85.1%Renter: 14.9%Tenure
Owner85.1%
Renter14.9%

Home Value Distribution

Under $50k
9%
$50k–$100k
31%
$100k–$150k
21%
$150k–$200k
10%
$200k–$300k
21%
$300k–$500k
6%
Over $500k
1%

Financials

Median HH Income$66,619 ▼ 13% below avg
Median Home Value$115,200 ▼ 59% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$771/mo
Total Housing Units940
Vacant Units65

Income Distribution

Under $25k
12%
$25k–$50k
18%
$50k–$75k
25%
$75k–$100k
15%
$100k–$150k
20%
$150k–$200k
6%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
92%
Public Transit
0%
Walked
1%
Work From Home
6%

Commute Time

Under 15 min
32%
15–30 min
22%
30–45 min
28%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
7%
1960s–1970s
11%
1980s–1990s
13%
2000+
67%
About Waverly, IL

Waverly is a city in Illinois, located in Morgan County. The city spans 1 ZIP code and is home to approximately 2,128 residents. It is a mature city, with a median age of 46 years.

Economically, Waverly is a solidly middle-class community. The median household income of $66,619 is near the national average. Approximately 7.9% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.

The real estate market in Waverly is one of the more affordable housing markets in the country. Median home values stand at $115,200, which is well below the national average. Renters typically pay around $771 per month. Homeownership is high at 85.1%, typical of suburban and family-oriented communities.

The population of Waverly is moderately educated. 31.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.9%).

Waverly, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Waverly
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
62692 2,128 $66,619 $115,200 $771 3.4% 31.5% 85.1%