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Demographics
Population
Median Income
Racial Distributions
Zip code 48917 in Waverly, Michigan, is classified as a "White Majority" community with moderate diversity as of 2022. The white population comprises 67% of the total, while other racial groups, notably Black (14%) and Hispanic (9%), have significant representation. The median income of $67,548 in 2022 indicates a relatively stable middle-class community.
Over the past decade, Waverly has maintained its "White Majority" status, but with a gradual trend towards increased diversity. The white population has decreased slightly from 70% in 2013 to 67% in 2022, while other racial groups have seen modest increases. The Black population increased from 12% to 14%, the Asian population grew from 4% to 5%, the Hispanic population remained relatively stable around 9-10%, and the percentage of individuals identifying as two or more races increased from 3% to 5%. These shifts indicate a slow but steady movement towards a more diverse community.
Waverly shows signs of being a "Transitional Community." The consistent increase in the percentage of residents identifying as two or more races and the slight growth in Asian and Black populations suggest a trend towards increasing diversity over the past decade. The median income in Waverly has shown an overall positive trend, increasing from $59,160 in 2013 to $67,548 in 2022, representing a growth of about 14% over the decade. This growth in median income correlates with the gradual increase in diversity, suggesting that the community has maintained economic stability while becoming more diverse.
Notable economic observations include a significant jump in median income between 2020 ($66,545) and 2021 ($73,570), possibly related to post-pandemic economic recovery. There was a slight decrease in median income from 2021 to 2022, which could be due to various economic factors or data fluctuations. Population trends show relative stability, with the population hovering around 31,000-32,000 throughout the decade. This stability, combined with increasing diversity and rising median incomes, suggests a community that is gradually evolving while maintaining its core characteristics.
The trends observed in Waverly align with broader national patterns of increasing diversity in suburban areas. The gradual nature of these changes is typical of many middle-class suburban communities across the United States. The economic growth seen in Waverly, with its 14% increase in median income over a decade, is generally in line with national trends of modest income growth in middle-class communities.
Waverly represents a slowly diversifying, economically stable suburban community. While it remains a "White Majority" area, the gradual increases in minority populations and consistent economic growth suggest a community in transition, adapting to changing demographics while maintaining its economic foundations. This evolution reflects broader national trends of increasing diversity in suburban areas and highlights the potential for continued change in the coming years.