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The total population of Waverly township is estimated to be 635 with 291 males (45.83%) and 344 females (54.17%). There are 53 more females than males in Waverly township.
The median household income in Waverly township was $50,499 in 2021, which marked an an increase of 1,033(2.09%) from $49,466 in 2020. This income is 67.69% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Waverly township sees its highest median household income among householders in the age group of 25 to 44 years old, at $98,633. Overall, the median household income for the township of Waverly township stands at $50,499.
In Waverly township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,701 for males and $16,705 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,505 for males and $28,937 for females.
In Waverly township, population is primarily represented by White households, reporting a median income of $62,924.
In 2022, the population of Waverly township was 376, a 0.80% increase year-by-year from 2021. Previously, in 2021, Waverly township's population was 373, an increase of 0.54% compared to a population of 371 in 2020.
The median age in Waverly township, Cheboygan County, Michigan is 44.1, as per 2021 ACS 5-Year Estimates. Of the total population, 12.48% were under the age of 15, 14.70% aged 15 to 29, 55.90% aged 30 to 64, 15.90% aged 65 to 84, and 1.03% were 85 years of age and older.
Racial distribution of Waverly township population: 84.96% are White, 0.17% are American Indian and Alaska Native, 0.17% are Asian and 14.70% are multiracial.