Median Income
$103,373
household / year
Median Home Value
$241,500
owner-occupied
Median Rent
$888
gross / month
Cost of Living
92
national avg = 100

Is Waverly, NE a Good Place to Live?

Waverly is a small town of 4,289 in Nebraska, with a median household income of $103,373 and a 0.3% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Waverly stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Waverly is right for you depends on your priorities — the full breakdown is below.

All Waverly city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.0

Waverly's overall cost of living index is 92.0, where 100 represents the US national average. Living in Waverly costs roughly 8% less than the average American city.

Metric Waverly, NE National Avg
Median Home Value $241,500 $244,900
Median Monthly Rent $888 $1,163
Homeownership Rate 82.3% 65.9%
Median Household Income $103,373 $74,755

Crime & Safety

Safer than Average

Waverly's violent crime rate is 329.4 per 100,000 residents — 13% lower than the national average of ~380 per 100,000.

Violent Crime
329.4 /100k
Property Crime
2332.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Waverly is served primarily by WAVERLY SCHOOL DISTRICT 145. The student-to-teacher ratio is 14.2:1 (better than the national average of ~16:1).

Metric Waverly, NE National Avg
School District WAVERLY SCHOOL DISTRICT 145 —
Elementary Schools 3 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 14.2:1 16:1
Bachelor's Degree or Higher 38.5% 35.4%
High School Diploma or Higher 98.7% 91.1%

Weather & Climate

Waverly sees average highs of 34.4°F in January and 87.1°F in July, with 32.3 inches of annual precipitation and 32.7 inches of snow per year.

MetricWaverly, NE
Average High — January34.4°F
Average High — July87.1°F
Annual Precipitation32.3"
Annual Snowfall32.7"

Demographics

MetricWaverly, NENational Avg
Population4,289—
Median Age35.238.9
Unemployment Rate0.3%3.7%
Avg Commute Time23.6 min26 min
White (non-Hispanic)98.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1834.0%22.2%
65 and over18.0%16.8%

Nearby Cities

ZIP Codes in Waverly

Waverly, NE is covered by 1 ZIP code:

Waverly vs Other Cities

Frequently Asked Questions

Waverly's cost of living index is 92, where 100 is the national average. That makes Waverly roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $241,500 and median rent is $888/month.
Waverly's violent crime rate is 329.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2332.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Waverly are operated by WAVERLY SCHOOL DISTRICT 145. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.2:1. 38.5% of adults 25+ hold a bachelor's degree or higher.
Waverly, NE has a population of 4,289, a median household income of $103,373, and an unemployment rate of 0.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Waverly averages 34.4°F in January and 87.1°F in July. Annual rainfall is 32.3 inches with about 32.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Waverly, NE is covered by 1 ZIP code: 68462.
The population of Waverly, Nebraska is 4,289 with a median age of 35.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Waverly: cost of living index 92 (100 = US average), median home $241,500, median household income $103,373, crime index 96 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Waverly side by side with your current city to see the trade-offs.