Housing data for Waverly, MN
Waverly, MN has an estimated 2,285 residents and 922 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Wright County.
7.3% of households rent.
The median gross rent is $941 a month.
Its population grew measurably since 2015–2019 (+62.1%).
Figures last updated on .
- Residents
- 2,285 (±324)
- Housing units
- 922 (±128)
- Households that rent
- 7.3%
- Median gross rent
- $941
- Residents since 2015–2019
- +62.1%
What stands out in Waverly
Households that rent: 7.3% (±3.3 points) in Waverly, lower than in Wright County (15.9%).
Homes in buildings of 5 or more units: 2.1% (±3.2 points) in Waverly, lower than in Wright County (7.6%).
Median gross rent: $941 (±$294) in Waverly, lower than in Wright County ($1,288).
Households without a vehicle: 0.3% (±0.5 points) in Waverly, lower than in Wright County (3.0%).
Housing in Waverly at a glance
- Median rent: $941 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $733 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 43.6% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 7.3% of households rent
- Income and affordability: $112,222 median household income
- Home values: $323,100 median home value
- Homeowner costs: $2,090 median monthly cost with a mortgage
- Property taxes: $3,411 median real estate taxes a year
- Types of homes: 2.1% of homes are in buildings of 5 or more units
- Bedrooms: 79.1% of homes have 3 or more bedrooms
- Age of homes: 29.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 80.4% heat with utility gas
- Commute and cars: 37.0 minutes average trip to work
- Growth: +62.1% residents since 2015–2019
- How long people stay: 24.5% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Waverly against Wright County, its state and the nation
| Waverly | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 2,285 (±324) | 148,269 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 922 (±128) | 57,416 (±182) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 7.3% (±3.3 points) | 15.9% (±1.3 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $941 (±$294) | $1,288 (±$63) | $1,280 (±$7) | $1,413 |
| Median household income | $112,222 (±$12,661) | $107,209 (±$3,135) | $89,062 (±$409) | $80,734 |
| Median home value | $323,100 (±$20,146) | $358,900 (±$4,451) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $3,411 (±$204) | $3,523 (±$67) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 29.5% (±8.4 points) | 31.5% (±1.5 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 37.0 minutes (±2.6) | 29.4 minutes (±0.7) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.7% (±3.7 points) | 93.2% (±0.9 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 38.1 years (±3.3) | 37.6 years (±0.3) | 38.8 years (±0.1) | 38.9 years |
Waverly covers 1.7 square miles of land, about 1,379 residents per square mile (Census Bureau Gazetteer).
How Waverly has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,410 (±212) | 2,285 (±324) | +62.1% | Measurable increase |
| Housing units | 599 (±74) | 922 (±128) | +53.9% | Measurable increase |
| Median gross rent | $1,116 (±$533) | $941 (±$294) | −15.7% | No measurable change after inflation |
| Median home value | $193,100 (±$11,503) | $323,100 (±$20,146) | +67.3% | Up after inflation |
| Median household income | $83,750 (±$9,531) | $112,222 (±$12,661) | +34.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,491 (±$92) | $2,090 (±$87) | +40.2% | Up after inflation |
| Median real estate taxes | $2,535 (±$149) | $3,411 (±$204) | +34.6% | Up after inflation |
| Households that rent | 18.0% (±5.8 points) | 7.3% (±3.3 points) | −10.7 percentage points | Measurable decrease |
| Rental vacancy rate | 4.0% (±5.4 points) | 0.0% (±29.2 points) | −4.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Wright County
Waverly has no police department of its own in the FBI’s figures, so this is the figure for Wright County as a whole.
In 2025, the police departments that report for Wright County recorded 42 violent and 325 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Waverly
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Montrose | 2.3 mi | $1,474 | $275,700 | 21.8% |
| Marysville Township | 3.3 mi | $1,361 | $395,800 | 15.4% |
| Woodland Township | 3.6 mi | $1,397 | $460,100 | 11.6% |
| Howard Lake | 4.7 mi | $911 | $273,600 | 28.0% |
| Middleville Township | 5.9 mi | $1,600 | $412,700 | 7.7% |
| Franklin Township | 6.6 mi | $1,721 | $637,800 | 5.8% |
| Victor Township | 6.8 mi | — | $377,400 | 4.8% |
| Chatham Township | 6.9 mi | — | $468,900 | 1.4% |
Places in Minnesota most like Waverly
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Page Township | $950 | $316,700 | $99,395 | 4.3% |
| Rock Creek | $872 | $318,200 | $94,856 | 3.8% |
| Blue Hill Township | $788 | $373,300 | $108,113 | 8.1% |
| Fredenberg Township | $925 | $426,600 | $125,398 | 3.3% |
| Greenbush Township | $725 | $308,200 | $105,500 | 6.0% |
| Lonsdale | $906 | $357,000 | $95,176 | 7.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.
HUD Fair Market Rent for Waverly, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,265 | $1,427 | $1,734 | $2,264 | $2,538 |
HUD income limits for Waverly, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $27,650 | $46,050 | $73,650 |
| 2 people | $31,600 | $52,600 | $84,200 |
| 3 people | $35,550 | $59,200 | $94,700 |
| 4 people | $39,450 | $65,750 | $105,200 |
| 5 people | $42,650 | $71,050 | $113,650 |
| 6 people | $45,800 | $76,300 | $122,050 |
| 7 people | $50,040 | $81,550 | $130,450 |
| 8 people | $55,720 | $86,800 | $138,900 |
These are the limits HUD sets for its housing programs in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $131,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Waverly
How many renters are there in Waverly?
Waverly has an estimated 63 (±29) renting households, 7.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Waverly?
The median household income in Waverly is $112,222 (±$12,661) a year (2020–2024 American Community Survey).
What is the average home value in Waverly, MN?
The Census Bureau publishes the median: $323,100 (±$20,146) for owner-occupied homes in Waverly (2020–2024 American Community Survey).
What is the average mortgage payment in Waverly?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Waverly, MN is $2,090 (±$87) a month, including taxes, insurance and utilities.
How much are property taxes in Waverly?
The median real estate tax paid by homeowners in Waverly, MN is $3,411 (±$204) a year (2020–2024 American Community Survey).
How many homes are in Waverly?
Waverly, MN has an estimated 922 (±128) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Waverly growing?
In Waverly, the number of residents went from 1,410 in 2015–2019 to 2,285 in 2020–2024 (+62.1%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Waverly city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waverly city, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Waverly city, Minnesota (place:68764, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .