Waverly is a somewhat small city located in the state of Iowa. With a population of 10,522 people and three associated neighborhoods, Waverly is the 39th largest community in Iowa.

Also of interest is that Waverly has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Waverly telecommute to their jobs. Overall, about 8.80% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because there are quite a few people attending college in Waverly, it is thought of as a college town. To the benefit of the many students in the area, Waverly provides a number of services, amenities and opportunities geared towards their needs and activities.

Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.25 minutes getting to work every day.

The education level of Waverly ranks among the highest in the nation. Of the 25-and-older adult population in Waverly, 40.75% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Waverly in 2022 was $41,234, which is wealthy relative to Iowa, and upper middle income relative to the rest of the US. This equates to an annual income of $164,936 for a family of four. However, Waverly contains both very wealthy and poor people as well.

The people who call Waverly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waverly residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waverly include German, Irish, English, Norwegian, and Polish.

The most common language spoken in Waverly is English. Other important languages spoken here include Polish and Spanish.