Waverly, MI

Full City Profile · Michigan · Clinton County County

4.5 /5.0
A+ Excellent
23,301 Population 2,561/sq mi density
$75,868 Median Income $46,091 per capita
$222,300 Home Value $158,722 Zillow
$1,125 Median Rent 23.3% income on rent
49°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
B+
Economy
3.9 / 5.0
$75,868 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$222,300 home value, $1,125/mo rent
A+
Education
4.5 / 5.0
43.9% bachelor's degree or higher

Waverly, MI

At a Glance

Median Income
$75,868
1% above
$46,091 per capita
Home Value
$222,300
21% below
Zillow: $158,722
Median Rent
$1,125/mo
3% below
23.3% of income on rent
Bachelor's Degree+
43.9%
30% above
94.3% high school+
Unemployment
5.3%
47% above
6.9% poverty rate
Obesity Rate
38.8%
21% above
12.3% smoking rate
Avg Temperature
49°F

How Waverly Compares to the U.S. Average

Each bar shows Waverly's value as a percentage of the national average (100% = U.S. avg)

Income
101%
Home Value
79%
Rent
97%
Poverty
56%
Bachelor's
130%
Unemployment
147%
Thin vertical line = U.S. national average (100%)

Is Waverly a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Waverly residents earn a median household income of $75,868 , which is 1% above the national average of $75,149. Per capita income is $46,091. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 6.9% of residents live below the poverty line. The area is home to 1,464 business establishments, including 99 restaurants.

Housing & Cost of Living

The median home value in Waverly is $222,300 , 21% below the national median of $281,900. Zillow estimates the typical home at $158,722. Median rent is $1,125/month, with 23.3% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1978.

Education

43.9% of adults in Waverly hold a bachelor's degree or higher (30% above the national average). 94.3% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Waverly has an average annual temperature of 49°F (9°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 33.3 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population23,301
Median Age40.7 yrs
Density2,561/mi²
Male / Female47% / 53%
Foreign Born10.1%
Veterans7.3%

Economy

B+
Median Income$75,868
Per Capita$46,091
Unemployment5.3%
Poverty6.9%
County GDP$3,168M
Avg Weekly Wage$1,036

Housing

A+
Home Value$222,300
Rent$1,125
Ownership55.8%
Zillow$158,722
Housing Units12,001
Rent Burden23.3%

Health

Obesity38.8%
Diabetes9.7%
Smoking12.3%
Heart Disease5.1%
Premature Death5,260/100K

Climate

Avg Temp49°F
Rain33.3 in/yr
AQI38 (Good)
Elevation869 ft

Education

A+
Bachelor's+43.9%
High School+94.3%
Graduate+15.0%
School Score6.0/10

Community

2024 VoteR 54% / D 45%
Commute19 min
Broadband90.2%
Internet Speed144 Mbps
EV Stations70
Libraries6

Did You Know?

The median home in Waverly was built in 1978.
17.6% work from home.
The nearest airport is Capital Region International (4 miles).
The Gini coefficient (income inequality) is 0.428 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.0% of the population has a disability.
10.1% of residents are foreign-born.
Average internet download speed is 144 Mbps.
The county recorded 6 fatal vehicle crashes.