Income & Economy in Waverly, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$55,882

-24% vs national

Per Capita Income

$30,262

-19% vs national

Poverty Rate

8.1%

-40% vs national

Gini Index

0.4396

0 = perfect equality

Unemployment

3.1%

-40% vs national

SNAP Recipients

11.8%

of households

How Waverly Compares

Source: Census ACS (2023)

Waverly vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Waverly is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Waverly. The median household income here is $55,882.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
11.5%
$25-50K
32.9%
$50-75K
17.5%
$75-100K
15.4%
$100-150K
14.7%
$150-200K
6.0%
$200K+
2.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.1%

-45% vs IL avg

Labor Force

580

Employed

562

Mean Commute

22 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

12.7%

of adults 25+

High School Diploma+

43.0%

of adults 25+

Median Age

41.4

Work from Home

6.3%

of workers

The median household income in Waverly, IL is $55,882, which is 23.7% below the national average of $73,224. Per capita income is $30,262. The poverty rate of 8.1% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.4396, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.1%, compared to the state average of 5.6%. 12.7% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 6.3% working from home.