Waverly

Population: 1,947
Median household income: $113,269
Median home value: $284,600

Waverly is a community in Wright County, Minnesota, home to 1,947 residents. The median household income of $113,269 is above the Wright County median ($106,666).

Between 2019 and 2023, Waverly's population grew 38.1% from 1,410 to 1,947, while its median home value rose 47.4% from $193,100 to $284,600.

The median gross rent is $913. 20.1% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 1,947
Median age: 37.2 yrs
Median household income: $113,269
Median home value: $284,600
Median gross rent: $913
Housing units: 774
Homeownership rate: 91.8%
Bachelor's degree or higher: 20.1%
Unemployment rate: 1.2%

Trends

ACS 5-year · 2019–2023

Population

1,4101,947

Median household income

$83,750$113,269

Median home value

$193,100$284,600

Median gross rent

$1,116$913

Year	Population	Median household income	Median home value	Median gross rent
2019	1,410	$83,750	$193,100	$1,116
2020	1,513	$95,368	$214,100	$879
2021	1,740	$100,391	$229,700	$904
2022	1,803	$108,731	$270,400	$743
2023	1,947	$113,269	$284,600	$913

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.1%

5 to 1717.6%

18 to 244.1%

25 to 3420.2%

35 to 4416.6%

45 to 5416.2%

55 to 6412.5%

65 to 745.4%

75 and over2.3%

	Count	Share
Under 5	100	5.1%
5 to 17	342	17.6%
18 to 24	80	4.1%
25 to 34	394	20.2%
35 to 44	323	16.6%
45 to 54	316	16.2%
55 to 64	243	12.5%
65 to 74	105	5.4%
75 and over	44	2.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,749	89.8%
Black or African American	19	1.0%
American Indian & Alaska Native	3	0.2%
Asian	10	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	3	0.2%
Two or more races	46	2.4%
Hispanic or Latino (any race)	117	6.0%

Educational attainment (age 25+)

No high school diploma4.8%

High school graduate31.3%

Some college or associate's43.7%

Bachelor's degree16.8%

Graduate or professional degree3.3%

	Count	Share
No high school diploma	69	4.8%
High school graduate	446	31.3%
Some college or associate's	623	43.7%
Bachelor's degree	240	16.8%
Graduate or professional degree	47	3.3%

Commute to work

Mean travel time to work: 39 min

Drove alone76.5%

Carpooled7.9%

Public transit0.9%

Walked0.3%

Bicycle0.0%

Worked from home14.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	887	76.5%
Carpooled	91	7.9%
Public transit	11	0.9%
Walked	3	0.3%
Bicycle	0	0.0%
Worked from home	167	14.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	130	13.1%
15 to 29 min	235	23.7%
30 to 44 min	202	20.4%
45 to 59 min	238	24.0%
60+ min	187	18.9%

Households

Average household size: 2.59
Poverty rate: 8.9% (172 of 1,932)

	Count	Share
Family households	563	77.3%
Nonfamily households	165	22.7%

Housing

Median year structure built: 2004

Occupancy

	Count	Share
Occupied	728	94.1%
Vacant	46	5.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	668	91.8%
Renter-occupied	60	8.2%

1-unit, detached91.5%

1-unit, attached1.4%

2 to 4 units2.7%

5 to 19 units3.0%

20 or more units0.0%

Mobile home & other1.4%

Units in structure

	Count	Share
1-unit, detached	708	91.5%
1-unit, attached	11	1.4%
2 to 4 units	21	2.7%
5 to 19 units	23	3.0%
20 or more units	0	0.0%
Mobile home & other	11	1.4%

Geography

Place GEOID: 2768764
Type (LSAD): 25
Land area: 1.66 sq mi
Water area: 0.88 sq mi
Center point: 45.0637, -93.9666