Quick facts: Waverly, KS

Quick Facts

97.6
Cost of Living
below US average
564
Population
35.46
Crime Rate per 1000
above US average
$63,958
Median Income
below US average
$220,000
Median House Price
above US average
$1500.0
Average Rent
above US average
10%
Poverty Rate
below US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $63,958.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $63,958
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Income Needed to Rent

⚠ Stretch
$64k/year
Based on $1500.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $64k vs median $63,958
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Waverly, KS

Waverly is a quaint city located in Coffey County, Kansas, with a population of just under 1,000 residents. Situated in the central part of the state, it offers a small-town atmosphere with a tight-knit community feel. The city is known for its picturesque surroundings, featuring lush greenery and access to local parks, making it ideal for outdoor activities. Waverly has a charming downtown area that reflects its historical roots, with a mix of small businesses and local shops. Residents often engage in community events and activities, fostering a sense of belonging. The town is served by the Waverly School District, which provides educational opportunities for its youth. The surrounding area includes beautiful farmlands and is situated near the Neosho River, attracting those who enjoy nature and outdoor sports. Waverly offers a peaceful lifestyle while being within reach of larger cities like Emporia and Ottawa, which provide additional amenities and services. Overall, Waverly is a lovely place to live, offering both community spirit and access to rural Kansas's natural beauty.

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