Waverly, AL Profile: Facts & Data

The Town of Waverly had a population of 162 as of July 1, 2022. Waverly ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Waverly is located at latitude 32.7354 and longitude -85.5791 in Chambers County. The formal boundaries for the Town of Waverly encompass a land area of 2.72 sq. miles and a water area of 0.02 sq. miles. Chambers County is in the Central time zone (GMT -6). The elevation is 761 feet.

While the primary coordinates for Town of Waverly are located in Chambers County, it should be noted that the formal boundaries for this community also extend into and Lee County.

The Town of Waverly has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Waverly is located within Waverly Division of Chambers County.

Waverly, AL Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	162 (100%)
Population in Households	161 (99.4%)
Population in Families	130 (80.2%)
Population in Group Quarters¹	1 ( 0.6%)
Population Density	59
Diversity Index²	58


INCOME
Median Household Income	$52,746
Average Household Income	$80,914
% of Income for Mortgage⁴	18%
Per Capita Income	$34,164
Wealth Index⁵	77

HOUSING
Total HU (Housing Units)	103 (100%)
Owner Occupied HU	61 (59.2%)
Renter Occupied HU	11 (10.7%)
Vacant Housing Units	30 (29.1%)
Median Home Value	$181,250
Average Home Value	$203,226
Housing Affordability Index³	154

HOUSEHOLDS
Total Households	73
Average Household Size	2.21
Family Households	47
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Waverly, AL - Peer Comparisons by Rank and Percentile

The table below compares Waverly to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.83%	0.49%
Households	1.24%	0.54%
Families		0.42%
Median Household Income		6.53%
Per Capita Income		5.28%
Owner Occupied HU		0.96%

Variable Description	Rank	Percentile
Total Population	# 531	11th
Population Density	# 530	11th
Median Household Income	# 234	61st
Housing Affordability Index	# 189	32nd
Per Capita Income	# 114	81st
Diversity Index	# 93	85th

Waverly, AL Profile: Facts & Data

Waverly, Alabama - Basic Facts

Waverly, AL Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waverly, AL - Peer Comparisons by Rank and Percentile

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