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Population Review

Waverly, Michigan Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Waverly, Michigan is 23,301 as of the 2023 American Community Survey, making it the 54th-largest city in Michigan. The median household income is $75,868, the median home value is $222,300, and the median age is 40.7.

23,301

Population

2560

People / sq mi

$75,868

Median Income

$222,300

Median Home Value

Waverly covers 9.1 sq mi of land at 2560 people per square mile.

About Waverly, MI

Waverly is a city in Michigan with a population of 23,301. It ranks #54 among cities in Michigan by population. The median age is 40.7, older than the national median. The population is 47.3% male and 52.7% female.

The median household income in Waverly is $75,868, near the US median of $74,580. 6.9% of residents live below the federal poverty level. Home values sit at a median of $222,300, with monthly rent averaging $1,125. The homeownership rate of 55.8% is lower than the national rate of 64.8%.

Educational attainment in Waverly reflects 43.9% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 17.6% of workers primarily work from home, noticeably above the national work-from-home rate of 14.2%. The average commute is 18.6 minutes each way.

Race & Ethnicity

White67.1%
Black or African American15.2%
Asian0.0%
Hispanic or Latino (any race)1.3%
Two or More Races0.0%

Economy & Income

$75,868

Median Household Income

$46,091

Per Capita Income

6.9%

Poverty Rate

3.5%

Unemployment Rate

Housing

$222,300

Median Home Value

$1,125

Median Rent

55.8%

Owner-Occupied

Education

94.3%

High School+

43.9%

Bachelor's+

Commute

1.0%

Drive Alone

68.9%

Public Transit

17.6%

Work From Home

18.6 min

Avg Commute

Community Profile

19.4%

Foreign Born

86.8%

Non-English at Home

7.3%

Veterans

19.0%

With Disability

97.4%

Health Insurance

94.8%

Internet Access

Employment by Industry

Professional, Scientific & Management20.6%
Public Administration13.6%
Manufacturing12.2%
Information11.9%
Finance, Insurance & Real Estate9.0%
Education, Health Care & Social Services6.2%
Retail Trade5.4%
Arts, Entertainment & Food Services4.7%
Construction3.6%
Transportation & Warehousing2.6%
Agriculture & Mining0.3%

Largest cities in Michigan

Largest counties in Michigan

Part of Michigan

Metro areas in Michigan

City rankings

Frequently Asked Questions

Waverly, Michigan has a population of 23,301 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 54th-largest city in Michigan.

The median household income in Waverly, Michigan is $75,868, with 6.9% of residents living below the federal poverty level.

The median home value in Waverly, Michigan is $222,300, with median monthly rent at $1,125 and a homeownership rate of 55.8%.

The median age in Waverly, Michigan is 40.7 years. The population is 47.3% male and 52.7% female.

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.