Waverly, Minnesota Housing

Waverly, Minnesota has a population of 1,950, with a median household income of $88,400.

Current housing data for Waverly.

$325,000

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Population

1,950

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Median Income

$88,400

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Unemployment

2.80%

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Housing Price

$325,000

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Crime Rate

7.20

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Internet Speed

500.00 Mbps

Waverly is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Waverly is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Waverly has a population of 1,950, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Waverly is $88,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Waverly average around $325,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Waverly is 2.80%, which is lower than the state average, indicating a relatively strong job market. Waverly has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Waverly shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Waverly offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Waverly

What is the population of Waverly?

The population of Waverly is approximately 1,950.

Is Waverly a good place to live?

Waverly offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Waverly?

The median household income in Waverly is around $88,400.

How expensive is housing in Waverly?

The average housing price in Waverly is approximately $325,000.