Waverly 82 Exceptional
Waverly Livability #29 ranked city in Iowa#952 ranked city in the USARanks better than 96% of areas

Pros and Cons of Living in Waverly

PROS
  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Health & Safety

    Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.

  • Schools

    The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Crime

    Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.

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What's it like Living in Waverly?

Waverly is a mid-sized city located in the state of Iowa. The city has a population of 10,172 people. The majority of Waverly residents report their race to be White; this is followed by Black and Asian. The median age of all Waverly residents is 33, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. If you are not a fan of long commutes, you will enjoy living in Waverly. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in Waverly, Iowa could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Waverly and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Iowa and national averages.

Using data and statistics Waverly has received a livability score of 82/100. This score is ranked in the 97th percentile when compared to all other cities. Clearly, Waverly is doing something right, as this score ranks well above the average of most cities. Waverly has also earned the rare honor of ranking in the top 10 percentile among all cities. Based on the scores for each individual category, Waverly has received high marks for cost of living (A+), education (A+), employment (B-) and housing (A).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Waverly has an unemployment rate of 2.35% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Waverly, the average school test scores are an impressive 81%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Waverly market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Waverly real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Waverly. Median real estate prices in Waverly come in at $175,600, which is 32.2% higher than the Iowa average. The home price to income ratio compares the median home prices to the median household income. In Waverly, the home price to income ratio is 2.7, which is 12.5% higher than the Iowa average.

Best Places to Live in and Around Waverly

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Compare Waverly, IA Livability

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      Waverly transportation information

      Statistic Waverly Iowa National
      Average one way commute16min19min26min
      Workers who drive to work72.4%80.7%76.4%
      Workers who carpool6.6%8.6%9.3%
      Workers who take public transit0.3%1.1%5.1%
      Workers who bicycle0.5%0.5%0.6%
      Workers who walk12.0%3.5%2.8%
      Working from home8.0%4.5%4.6%
      Source: The Waverly, IA data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).