Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.2 yrs |
|---|---|
| Avg HH Size | 2.67 |
| Below Poverty | 8.7% ▼ 14% below avg |
| College Grads | 34.6% ▼ 11% below avg |
| Unemployment | 2.6% ▼ 48% below avg |
| No HS Diploma | 25 (1.1%) |
| HS Graduate | 795 (36.1%) |
| Some College | 270 (12.3%) |
| Associates | 351 (15.9%) |
| Bachelors | 336 (15.3%) |
| Graduate Degree | 425 (19.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,500 ▲ 41% above avg |
|---|---|
| Median Home Value | $308,500 ▲ 11% above avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,227/mo |
| Total Housing Units | 1,244 |
| Vacant Units | 80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waverly is a city in Minnesota, located in Wright County. The city spans 1 ZIP code and is home to approximately 3,179 residents. It is a middle-aged city, with a median age of 39.2 years.
Economically, Waverly is a upper-middle-income community. The median household income of $107,500 is above the national average. Approximately 8.7% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Waverly is a mid-range housing market. Median home values stand at $308,500, which is near the national average. Renters typically pay around $1,227 per month. Homeownership is high at 91.2%, typical of suburban and family-oriented communities.
The population of Waverly is moderately educated. 34.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.69%).
Waverly, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55390 | 3,179 | $107,500 | $308,500 | $1,227 | 2.6% | 34.6% | 91.2% |