Waverly, MN Demographics

A map of Waverly's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	2,062	1,698	90.2%	89.4%
Hispanic	108	64	4.7%	3.4%
Multiracial	70	88	3.1%	4.6%
Asian	22	12	1.0%	0.6%
Black	16	23	0.7%	1.2%
Native American/Other	7	15	0.3%	0.8%

Waverly, Minnesota has an estimated population of 2,285, a large increase from the 1,900 recorded in the 2020 Census. The population is 90.2% White, 4.7% Hispanic, 3.1% Multiracial, 1.0% Asian, 0.7% Black, and 0.3% Native American/Other. This demographic dot map shows the population of Waverly, with one dot drawn for each person counted by the Census, color-coded by race.

Waverly has become less racially diverse since the 2020 Census. It is considerably less diverse than Minnesota overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Waverly, that probability was 19.8% in 2020 and 18.2% in the most recent ACS estimates.

Waverly is ranked the 246th most populous place in Minnesota, out of 915 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Waverly was ranked the 269th most populous place in the 2020 Census.

Waverly's White Population

2,062 residents of Waverly, or 90.2% of the population, identify as White. The share of White residents in Waverly is considerably higher than in Minnesota overall, where 75.9% of the population is White. Waverly ranks 516th statewide in terms of White residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's White population has grown by an estimated 21.4%. White residents' share of Waverly's population has increased from 89.4% to 90.2%.

Waverly is more White than neighboring Montrose (88.3% White). Waverly is less White than neighboring Howard Lake (90.6% White), Winsted (93.5% White), Buffalo (91.7% White), and Watertown (91.8% White).

Waverly's Black Population

16 residents of Waverly, or 0.7% of the population, identify as Black. The share of Black residents in Waverly is lower than in Minnesota overall, where 6.9% of the population is Black. Waverly ranks 222nd statewide in terms of Black residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's Black population has declined by an estimated 30.4%. Black residents' share of Waverly's population has decreased from 1.2% to 0.7%.

Waverly is more Black than neighboring Montrose (0% Black), Howard Lake (0.1% Black), Winsted (0% Black), Buffalo (0.2% Black), and Watertown (0.1% Black).

Waverly's Asian Population

22 residents of Waverly, or 1.0% of the population, identify as Asian. The share of Asian residents in Waverly is slightly lower than in Minnesota overall, where 5.1% of the population is Asian. Waverly ranks 347th statewide in terms of Asian residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's Asian population has grown by an estimated 83.3%. Asian residents' share of Waverly's population has remained roughly unchanged at 1.0%.

Waverly is more Asian than neighboring Montrose (0% Asian), Howard Lake (0% Asian), Winsted (0% Asian), and Watertown (0.3% Asian). Waverly is less Asian than neighboring Buffalo (1.9% Asian).

Waverly's Hispanic Population

108 residents of Waverly, or 4.7% of the population, identify as Hispanic. The share of Hispanic residents in Waverly is comparable to the share in Minnesota overall, where 6.4% of the population is Hispanic. Waverly ranks 393rd statewide in terms of Hispanic residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's Hispanic population has grown by an estimated 68.8%. Hispanic residents' share of Waverly's population has increased from 3.4% to 4.7%.

Waverly is more Hispanic than neighboring Montrose (1.6% Hispanic), Howard Lake (2.7% Hispanic), Winsted (2.1% Hispanic), Buffalo (2.5% Hispanic), and Watertown (3.4% Hispanic).

Waverly's Native American/Other Population

7 residents of Waverly, or 0.3% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Waverly is comparable to the share in Minnesota overall, where 1.2% of the population is Native American/Other. Waverly ranks 389th statewide in terms of Native American/Other residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's Native American/Other population has declined by an estimated 53.3%. Native American/Other residents' share of Waverly's population has decreased from 0.8% to 0.3%.

Waverly is more Native American/Other than neighboring Montrose (0% Native American/Other), and Winsted (0% Native American/Other). Waverly is less Native American/Other than neighboring Howard Lake (0.8% Native American/Other), and Buffalo (0.8% Native American/Other).

Waverly's Multiracial Population

70 residents of Waverly, or 3.1% of the population, identify as Multiracial. The share of Multiracial residents in Waverly is comparable to the share in Minnesota overall, where 4.5% of the population is Multiracial. Waverly ranks 229th statewide in terms of Multiracial residents as a share of the population, out of 915 places.

Since the 2020 Census, Waverly's Multiracial population has declined by an estimated 20.5%. Multiracial residents' share of Waverly's population has decreased from 4.6% to 3.1%.

Waverly is more Multiracial than neighboring Buffalo (2.9% Multiracial). Waverly is less Multiracial than neighboring Montrose (10.1% Multiracial), Howard Lake (5.9% Multiracial), Winsted (4.4% Multiracial), and Watertown (4.1% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.