Income & Economy in Waverly, MN

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

Income Overview

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

Median Household Income

$113,269

+55% vs national

Per Capita Income

$44,343

+19% vs national

Poverty Rate

8.9%

-35% vs national

Gini Index

0.3124

0 = perfect equality

Unemployment

1.3%

-76% vs national

SNAP Recipients

5.0%

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 $113,269.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
5.5%
$25-50K
7.3%
$50-75K
15.0%
$75-100K
13.6%
$100-150K
33.9%
$150-200K
15.5%
$200K+
9.2%

Employment Snapshot

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

Unemployment Rate

1.3%

-72% vs MN avg

Labor Force

1,201

Employed

1,186

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+

14.7%

of adults 25+

High School Diploma+

37.6%

of adults 25+

Median Age

37.2

Work from Home

14.4%

of workers

The median household income in Waverly, MN is $113,269, which is 54.7% above the national average of $73,224. Per capita income is $44,343. The poverty rate of 8.9% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.3124, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.3%, compared to the state average of 4.5%. 14.7% of adults hold a bachelor's degree or higher.