HomeMinnesotaWright CountyWaverly
Waverly, Minnesota: commercial real estate data.
Waverly is a Census city of 2,285 people across 1.66 square miles of land, in Wright County. Median household income is $112,222, 92.7 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Waverly
What Waverly is
- Census place typecity
- Land area1.66 sq mi
- Water area0.88 sq mi
- Population per square mile of land1,379
- County holding the largest share of its areaWright 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
- Population2,285
- Median age38.1
- Population under 18492
- Share under 1821.5 percent
- Population 65 and over219 plus or minus 58
- Share 65 and over9.6 percent plus or minus 2.1
- Households866
- Family households666
- Share of households that are families76.9 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$112,222
- Per capita income$45,186
- Civilian labor force1,419
- Employed1,391
- Unemployed28 plus or minus 22
- Unemployment rate2.0 percent plus or minus 1.5
- Adults 25 and over1,680
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher24.6 percent
- Adults 25 and over with a graduate degree5.4 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
Housing in Waverly
- Housing units922
- Occupied units866
- Vacant units56 plus or minus 41
- Vacancy rate6.1 percent plus or minus 4.4
- Owner occupied803
- Renter occupied63 plus or minus 29
- Ownership rate92.7 percent
- Median owner-occupied home value$323,100
- Median gross rent, monthly$941 plus or minus $294
- Annual rent as a share of median income10.1 percent plus or minus 3.3
- Single family units870
- Share single family94.4 percent
- Units in buildings of two or more34 plus or minus 28
- Share in buildings of two or more3.7 percent plus or minus 3.0
- Mobile homes18 plus or minus 22
- Median year structure built2004
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 commute1,156
- Commuting under 15 minutes152 plus or minus 69
- Share commuting under 15 minutes13.1 percent plus or minus 5.5
- Commuting 30 minutes or more726
- Share commuting 30 minutes or more62.8 percent plus or minus 14.4
- Drove alone76.1 percent plus or minus 18.9
- Carpooled6.7 percent plus or minus 3.3
- Public transport0.9 percent plus or minus 1.7
- Walked0.2 percent plus or minus 0.4
- Worked from home15.8 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waverly
SBA loans in Waverly (7(a))
- Approvals3
- Gross approval$2,212,200
- Average approval$737,400
- Median approval$723,400
- Largest approval$1,473,800
- Jobs supported7
- Jobs per approval2.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Waverly, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- Approvals6
- Gross approval$1,792,000
- Average approval$298,667
- Median approval$249,500
- Largest approval$502,000
- Jobs supported42
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Waverly, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waverly
Flood risk in Waverly
- NFIP communityCity of Waverly
- NFIP community number270666
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/20/24(M)
The City of Waverly participates in the National Flood Insurance Program as community 270666 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wright County, not Waverly
Wright County context, not Waverly figures
- Establishments in Wright County3,680
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Housing units permitted, Wright County1,264
Every figure in this section is published for Wright County as a whole and is not a measurement of Waverly.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Waverly questions, answered from the record.
How many people live in Waverly, Minnesota?
2,285, in 866 households. Waverly city covers 1.66 square miles of land, which is 1,379 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?
Wright 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?
$112,222. The median owner-occupied home is valued at $323,100. Median gross rent is $941 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?
3 7(a) approvals totaling $2.2 m since FY2020, across 3 lenders, median approval $723,400, plus 6 504 approvals worth $1.8 m since FY2010. 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 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Waverly in the National Flood Insurance Program?
Yes. Waverly appears in the FEMA Community Status Book as Waverly, city of, community 270666, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Waverly figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wright 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?
No. Nothing on this page presents parcel level zoning.