Waverly, IN
Full City Profile · Indiana · Johnson County County
3.5
/5.0
B+
Good
1,006
Population
662/sq mi density
$72,426
Median Income
$23,940 per capita
$254,100
Home Value
$440,462 Zillow
54°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,426 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$254,100 home value, /mo rent
F
Education
1.3 / 5.0
4.2% bachelor's degree or higher
Housing Overview
Median Home Value
$254,100
10% below
US avg: $281,900
Homeownership Rate
82.3%
26% above US avg (65.4%)
Total Housing Units
315
Median year built: 1973
Home Value by Source
Census Median
$254,100
Zillow (ZHVI)
$440,462
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.3%
Owner-Occupied
17.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
82.3%
Complete Housing Data
Home Values
| Census Median Value | $254,100 |
| Zillow Home Value (ZHVI) | $440,462 |
Rent
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 82.3% |
| Renter-Occupied | 17.7% |
| Homeownership Rate | 82.3% |
| Total Housing Units | 315 |
| Median Year Built | 1973 |
| Rent Burden | 26.8% |