Is Waverly, VA a Good Place to Live?
Waverly is a small town of 2,890 in Virginia, with a median household income of $75,000 and a 9.5% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.
Strengths: Waverly stands out for below-average home prices.
Trade-offs: Potential downsides include an elevated unemployment rate. 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: 98.0Waverly's overall cost of living index is 98.0, where 100 represents the US national average. Living in Waverly costs roughly 2% less than the average American city.
| Metric | Waverly, VA | National Avg |
|---|---|---|
| Median Home Value | $113,800 | $244,900 |
| Median Monthly Rent | $1,032 | $1,163 |
| Homeownership Rate | 53.9% | 65.9% |
| Median Household Income | $75,000 | $74,755 |
Crime & Safety
Safer than AverageWaverly's violent crime rate is 358.5 per 100,000 residents — 6% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Waverly, VA | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 17.5% | 35.4% |
| High School Diploma or Higher | 80.9% | 91.1% |
Weather & Climate
Waverly sees average highs of 49.8°F in January and 89.7°F in July, with 51.4 inches of annual precipitation and 6.4 inches of snow per year.
| Metric | Waverly, VA |
|---|---|
| Average High — January | 49.8°F |
| Average High — July | 89.7°F |
| Annual Precipitation | 51.4" |
| Annual Snowfall | 6.4" |
Demographics
| Metric | Waverly, VA | National Avg |
|---|---|---|
| Population | 2,890 | — |
| Median Age | 34.3 | 38.9 |
| Unemployment Rate | 9.5% | 3.7% |
| Avg Commute Time | 29.9 min | 26 min |
| White (non-Hispanic) | 25.8% | 59.3% |
| Black or African American | 69.6% | 13.6% |
| Hispanic or Latino | 2.8% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 26.0% | 22.2% |
| 65 and over | 15.7% | 16.8% |