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The total population of Waverly is estimated to be 2,890 with 1,516 males (52.46%) and 1,374 females (47.54%). There are 142 less females than males in Waverly.
The median household income in Waverly was $71,610 in 2021, which marked an an increase of 3,941(5.82%) from $67,669 in 2020. This income is 95.98% 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 sees its highest median household income among householders in the age group of 45 to 64 years old, at $84,198. Overall, the median household income for the town of Waverly stands at $71,610.
In Waverly, the median income for all workers aged 15 years and older, regardless of work hours, was $32,993 for males and $27,972 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,295 for males and $42,020 for females.
In Waverly, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $72,826, while White households have a median household income of $60,464.
In 2022, the population of Waverly was 1,923, a 1.49% decrease year-by-year from 2021. Previously, in 2021, Waverly's population was 1,952, an increase of 0.26% compared to a population of 1,947 in 2020.
The median age in Waverly, VA is 35.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.88% were under the age of 15, 24.00% aged 15 to 29, 41.65% aged 30 to 64, 12.43% aged 65 to 84, and 2.04% were 85 years of age and older.
Racial distribution of Waverly population: 24.63% are White, 71.44% are Black or African American, 0.82% are some other race and 3.12% are multiracial.