Is Waverly, Michigan a Good Place To Live? - Living In Waverly, MI

Is Waverly, Michigan a good place to live?
Waverly is a city in Michigan state in USA with a population of 24050 residents.. The poverty rate of Waverly is 8.6%, which is 39% lower than national average. The typical household in Waverly earns $66930 a year, compared to the national median of $67,500. Nearly 36.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Waverly, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waverly remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waverly, only 42% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Waverly is 94, which is 6% lower than national average. Median home value in Waverly is $171000 , which is 26% lower than national average. While median income in Waverly remained $66930, which is 1% lower than national average.
Population
24050
Unemployment
4.8%
2% NAT AVG.
Poverty
8.6%
39% NAT AVG.
Overall Score
7.5
Median Home Cost
$171000
26% NAT AVG.
Median Income
$66930
1% NAT AVG.
Median Rent
$956
18% NAT AVG.
Cost Of Living
94
6% NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 21
People Earning < $10,000
1 in 21
People Earning < $50,000
36.9%
People with <= High School
1 in 4.2
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs80%

Housing80%

Affordability80%

Safety90%

Amenities90%

Diversity85%

Education90%

Commute90%