The trend of increasing diversity in South Waverly, albeit slow, is consistent with broader national trends towards more diverse communities. However, South Waverly's pace of diversification appears to be much slower than many other areas in the United States.

Based on the observed trends, South Waverly is likely to continue its gradual transition towards slightly increased diversity over the coming years. While it will likely maintain its White Majority status for the foreseeable future, it may eventually transition from a Low Diversity community to a Moderate Diversity community if current trends continue and accelerate.

The economic outlook appears positive, with steady income growth suggesting continued prosperity. This economic strength could potentially attract more diverse residents, further contributing to a gradual demographic shift.

South Waverly remains a predominantly white, low-diversity community, but subtle signs of change are evident. The combination of rising incomes, a recovering population, and a small but growing multiracial population suggests the early stages of a Transitional Community. However, significant changes in racial composition are likely to occur slowly over many years unless external factors accelerate the diversification process.