City profile · Michigan · Census ACS 2023

Waverly, MI

Population, income, housing, safety, climate and schools for Waverly - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

23,301
Residents
$75,868
Median income
$222,300
Median home
$1,268
Median rent (state)

Waverly - the verdict

Nationally, Waverly sits in the 57th percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

57th
percentile, household income
49th
percentile, home value
42nd
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Waverly, MI

23,301 people live in Waverly, Michigan - a small city by U.S. Census Bureau ACS 2023 estimates. Waverly households earn a median of $75,868 annually, above the median for U.S. cities on this measure, with a poverty rate of 6.9%. Typical homes in Waverly are valued around $222,300, and the median resident age is 40.7 years. Educational attainment runs 43.9% of adults with a bachelor's degree or higher. Separately, 62.2% of working-age residents are in the labor force.

Living costs in Michigan run below the national norm: the state registers 96.2 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,268 per month statewide. Statewide, average monthly utility bills in Michigan run around $238, per EIA 2023 residential energy data. Commute times here average 15.3 minutes, with 68.9% driving alone and 17.6% working from home, per Census ACS commuting data. Natural-hazard exposure scores 47.0 out of 100 on FEMA's National Risk Index (Low).

Population

23,301 residents

Census ACS 2023 - Michigan

Median Household Income

$75,868 /yr

Poverty 6.9%

Cost of Living Index (state)

96.2 (US=100)

Below Average - BEA RPP 2024, Michigan average

How does Waverly compare to other US cities?

Waverly measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 57% higher than other cities
Home value 49% pricier than other cities
Median rent 42% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Waverly's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Michigan, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

57thIncome percentile

57th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Waverly's home value compares nationally

Median home value vs. every US city (population 1,000+)

$222,300 Among the most affordable more affordable than 51% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). This entry sits in this band. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Waverly $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Waverly, MI Waverly, MI's reported median household income shown against the U.S. national quintile-share pattern (not Waverly, MI-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Waverly, MI median $75,868/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Waverly, MI's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Waverly, MI. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 43.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 6.9%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 62.2%

Census ACS S2301, share of working-age residents in the labor force

Population
23,301
Median Income
$75,868
Median Home Value
$222,300
Median Age
40.7
Poverty Rate
6.9%
Labor force participation
62.2%
Bachelor's Degree+
43.9%

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
15.3 minutes
Drive Alone
68.9%
Carpool
10.3%
Public Transit
1.0%
Walk
0.9%
Work from Home
17.6%
Other
1.3%

Based on 12,105 workers 16 and over.

Monthly Utility Costs

State-average estimates for Michigan - EIA 2023 residential energy data

Electricity
$105
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$48
avg/month
Total Utilities
$238
estimated/month

Estimates reflect Michigan state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Michigan state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Waverly sits in

Cost of Living Index
96.2
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,268/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
47.0 / 100
Low
FEMA NRI composite score (county)

Similar Cities in Michigan

Wyandotte
24,593 people
Auburn Hills
24,911 people
Romulus
24,951 people
Birmingham
21,612 people
Norton Shores
25,000 people
Mount Pleasant
21,420 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Waverly's 23,301 residents (Census ACS 5-Year 2023).

Edgewater, FL
23,314 people
Union Hill-Novelty Hill, WA
23,272 people
Copiague, NY
23,332 people
Watauga, TX
23,336 people
Cockeysville, MD
23,265 people
Maple Heights, OH
23,350 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Waverly's $75,868 (Census ACS 5-Year 2023, table B19013).

Fort Rucker, AL
$75,875 median income
New Virginia, IA
$75,875 median income
Oxbow, NY
$75,875 median income
Munich, ND
$75,855 median income
Kouts, IN
$75,854 median income
Waterville, WA
$75,854 median income

Race & Ethnicity Composition

Race and ethnicity - Waverly, MI Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Waverly, MI - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 67.1% 15.2% 6.8% 7.3% ETHNICITY, Hispanic or Latino (any race) 8.1% White 67.1% Black or African American 15.2% Asian 6.8% American Indian 0.6% Native Hawaiian 0.0% Some other race 3.0% Two or more races 7.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Waverly compares to nearby Michigan cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Waverly (this city) 23,301 $75,868
Wyandotte 24,593 $67,846
Auburn Hills 24,911 $78,727
Romulus 24,951 $72,235
Census ACS 5-year FIPS MI OMB Bulletin 23-01

What do people ask about Waverly, MI?

What is the population of Waverly, MI? +

Waverly, MI counts 23,301 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Waverly, MI? +

Median annual household income in Waverly runs $75,868, based on Census ACS 2023 data.

What is the cost of living in Waverly? +

BEA does not publish a city-level cost-of-living figure for Waverly; the closest available measure is the Michigan state average, a cost of living index of 96.2 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Michigan vary by metro area.

What is the median home value in Waverly, MI? +

The median home value in Waverly is $222,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.