What percentage of people rent in Waverly, MN?
7.3% (±3.3 points) of the occupied homes in Waverly, MN are rented (2020–2024 American Community Survey).
That is 63 renting households against 803 that own their home.
In Waverly, the share of households that rent went from 18.0% in 2015–2019 to 7.3% in 2020–2024 (−10.7 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 7.3% (±3.3 points)
- Renting households
- 63 (±29)
Who rents and who owns in Waverly
| Waverly | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 7.3% (±3.3 points) | 15.9% (±1.3 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 63 (±29) | 8,590 (±680) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 803 (±121) | 45,420 (±769) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.1 (±0.6) | 2.2 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | — | $60,350 (±$5,243) | $51,080 (±$531) | $52,966 |
| Median owner household income | $115,657 (±$6,898) | $119,057 (±$3,211) | $108,214 (±$476) | $100,009 |
In Waverly, the renter share is lower than in Wright County (15.9%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Wright County, Waverly ranks 21 of 34 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1600 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Waverly has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 18.0% (±5.8 points) | 7.3% (±3.3 points) | −10.7 percentage points | Measurable decrease |
| Median gross rent | $1,116 (±$533) | $941 (±$294) | −15.7% | No measurable change after inflation |
| Median household income | $83,750 (±$9,531) | $112,222 (±$12,661) | +34.0% | No measurable change after inflation |
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.
Households that rent in places near Waverly
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Waverly | — | 7.3% (±3.3 points) | — |
| Montrose | 2.3 mi | 21.8% (±8.0 points) | Higher |
| Marysville Township | 3.3 mi | 15.4% (±9.7 points) | Not measurably different |
| Woodland Township | 3.6 mi | 11.6% (±8.1 points) | Not measurably different |
| Howard Lake | 4.7 mi | 28.0% (±8.4 points) | Higher |
| Middleville Township | 5.9 mi | 7.7% (±4.1 points) | Not measurably different |
| Franklin Township | 6.6 mi | 5.8% (±3.1 points) | Not measurably different |
| Victor Township | 6.8 mi | 4.8% (±4.9 points) | Not measurably different |
| Chatham Township | 6.9 mi | 1.4% (±1.4 points) | Lower |
Nearby places with a measurably lower figure: Chatham Township, MN (1.4%).
Nearby places with a measurably higher figure: Montrose, MN (21.8%), Howard Lake, MN (28.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wright County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 15 | Woodland Township | 11.6% (±8.1 points) |
| 16 | Rockford Township | 11.4% (±11.7 points) |
| 17 | St. Michael | 9.9% (±3.1 points) |
| 18 | Corinna Township | 9.1% (±4.8 points) |
| 19 | Middleville Township | 7.7% (±4.1 points) |
| 20 (tie) | Otsego | 7.3% (±2.7 points) |
| 20 (tie) | Waverly | 7.3% (±3.3 points) |
| 22 (tie) | Hanover | 7.0% (±5.2 points) |
| 22 (tie) | Stockholm Township | 7.0% (±4.6 points) |
| 24 | Albion Township | 6.9% (±4.9 points) |
| 25 | Cokato Township | 6.5% (±4.5 points) |
| 26 | Franklin Township | 5.8% (±3.1 points) |
| 27 | Victor Township | 4.8% (±4.9 points) |
Showing 13 of 34 places in Wright County, ranked from highest to lowest.
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).
Is renting growing in Waverly?
In Waverly, the share of households that rent went from 18.0% in 2015–2019 to 7.3% in 2020–2024 (−10.7 percentage points), a measurable decrease.
How big are renting households in Waverly?
A renting household in Waverly has 2.1 people on average, against 2.6 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waverly city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waverly city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waverly city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waverly city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Waverly at a glance
- Income and affordability in Waverly
- Home values in Waverly
- Homeowner costs in Waverly
- Property taxes in Waverly
- Types of homes in Waverly
- Bedrooms in Waverly
- Age of homes in Waverly
- Heating fuel in Waverly
- Commute and cars in Waverly
- Population growth in Waverly
- How long people stay in Waverly
- Minnesota landlord and tenant rules
- Housing across Wright County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota