HomeIllinoisMorgan CountyWaverly city
Waverly city, Illinois: commercial real estate data.
Waverly city is a Census city of 1,375 people across 1.04 square miles of land, in Morgan County. Median household income is $55,671, 82.3 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $2.4 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Waverly
What Waverly is
- Census place typecity
- Land area1.04 sq mi
- Water area0 sq mi
- Population per square mile of land1,328
- County holding the largest share of its areaMorgan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
How many people live in Waverly
- Population1,375
- Median age41.7
- Population under 18353 plus or minus 119
- Share under 1825.7 percent plus or minus 7.1
- Population 65 and over269 plus or minus 57
- Share 65 and over19.6 percent
- Households530
- Family households339 plus or minus 84
- Share of households that are families64.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
Income and work in Waverly
- Median household income$55,671
- Per capita income$32,182 plus or minus $7,682
- Civilian labor force609 plus or minus 141
- Employed579 plus or minus 134
- Unemployed30 plus or minus 24
- Unemployment rate4.9 percent plus or minus 3.8
- Adults 25 and over888
- Adults 25 and over with a high school diploma or higher93.2 percent
- Adults 25 and over with a bachelor degree or higher18.0 percent plus or minus 4.5
- Adults 25 and over with a graduate degree6.5 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
Housing in Waverly
- Housing units603
- Occupied units530
- Vacant units73 plus or minus 36
- Vacancy rate12.1 percent plus or minus 5.6
- Owner occupied436 plus or minus 97
- Renter occupied94 plus or minus 57
- Ownership rate82.3 percent
- Median owner-occupied home value$98,400
- Median gross rent, monthly$772
- Annual rent as a share of median income16.6 percent
- Single family units561
- Share single family93.0 percent
- Units in buildings of two or more25 plus or minus 26
- Share in buildings of two or more4.1 percent plus or minus 4.3
- Mobile homes17 plus or minus 15
- Median year structure built1944
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
How Waverly gets to work
- Workers 16 and over who commute537 plus or minus 130
- Commuting under 15 minutes210 plus or minus 95
- Share commuting under 15 minutes39.1 percent plus or minus 15.0
- Commuting 30 minutes or more205 plus or minus 58
- Share commuting 30 minutes or more38.2 percent
- Drove alone86.3 percent
- Carpooled5.7 percent plus or minus 3.4
- Public transport0.0 percent
- Walked0.9 percent plus or minus 1.0
- Worked from home7.1 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
SBA loans in Waverly (7(a))
- Approvals9
- Gross approval$2,420,500
- Average approval$268,944
- Median approval$152,500
- Ninetieth percentile approval$1,000,000
- Largest approval$1,000,000
- Jobs supported123
- Jobs per approval13.7
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waverly
SBA loans in Waverly (504)
- Approvals1
- Gross approval$413,000
- Average approval$413,000
- Median approval$413,000
- Largest approval$413,000
- Jobs supported0
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morgan County, not Waverly
Morgan County context, not Waverly figures
These are Morgan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Waverly measurements.
- Establishments in Morgan County759
- Employment at those establishments, Morgan County12,835
- Covered employment, Morgan County13,936
- Average annual pay, Morgan County$53,188
- Average weekly wage, Morgan County$1,023
- Housing units permitted, Morgan County8
- Of those, single family, Morgan County4
- County product, 2024, Morgan County$2,061,535,000
- County product change over the prior year, Morgan County1.8 percent
- Average income of an arriving household, Morgan County$44,644
Every figure in this section is published for Morgan County as a whole and is not a measurement of Waverly. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Waverly questions, answered from the record.
How many people live in Waverly, Illinois?
1,375, in 530 households. Waverly city covers 1.04 square miles of land, which is 1,328 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waverly in?
Morgan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Waverly?
$55,671. The median owner-occupied home is valued at $98,400. Median gross rent is $772 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waverly businesses?
9 7(a) approvals totalling $2.4 m, across 1 lenders, median approval $152,500, plus 1 504 approvals worth $413,000. These count approvals to borrowers whose address is in Waverly, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waverly borrowers get paid back?
No rate is published for Waverly. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Waverly figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morgan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Waverly.
Is zoning published for Waverly?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.