Waverly, AL Profile: Facts & Data

The Town of Waverly had a population of 173 as of July 1, 2024. 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).

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, 2024)

POPULATION
Total Population	173 (100%)
Population in Households	173 (100.0%)
Population in Families	144 (83.2%)
Population in Group Quarters¹	0
Population Density	63
Diversity Index²	59


INCOME
Median Household Income	$56,206
Average Household Income	$89,033
% of Income for Mortgage⁴	26%
Per Capita Income	$37,569
Wealth Index⁵	85
Socioeconomic Status Index⁶	Moderate (59.1)

HOUSING
Total HU (Housing Units)	105 (100%)
Owner Occupied HU	59 (56.2%)
Renter Occupied HU	14 (13.3%)
Vacant Housing Units	32 (30.5%)
Median Home Value	$228,846
Average Home Value	$314,831
Housing Affordability Index³	104

HOUSEHOLDS
Total Households	73
Average Household Size	2.37
Family Households	46
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

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, 2024 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	2020-2024	2024-2029
Population	2.01%	-0.12%
Households	0.66%	0.00%
Families		0.00%
Median Household Income		1.04%
Per Capita Income		4.21%
Owner Occupied HU		-1.04%

Variable Description	Rank	Percentile
Total Population	# 522	12th
Population Density	# 521	12th
Median Household Income	# 272	54th
Housing Affordability Index	# 144	24th
Per Capita Income	# 121	80th
Diversity Index	# 82	86th

Waverly, AL Profile: Facts & Data

Waverly, Alabama - Basic Facts

Waverly, AL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waverly, AL - Peer Comparisons by Rank and Percentile

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