Better Waverly, a neighborhood in Baltimore, Maryland, is characterized as a "Black Majority" community with moderate diversity. As of 2022, the black population comprises 69% of the neighborhood, while white (18%) and Hispanic (4%) populations contribute to its diversity. The median income of $40,984 in 2022 indicates a working-class community. Better Waverly has experienced significant population decline over the past decade, decreasing from 3,289 residents in 2015 to 2,164 in 2022, potentially indicating broader socio-economic challenges.

Over the past decade, Better Waverly has maintained its status as a "Black Majority" community, but with notable changes. The black population has decreased from 81% in 2013 to 69% in 2022, indicating a gradual shift towards increased diversity. The white population has grown from 12% in 2013 to 18% in 2022, suggesting a trend of gentrification or changing neighborhood preferences. The Hispanic population, virtually non-existent in 2013, has grown to 4% by 2022, indicating a "Transitional Community" aspect.

The economic landscape of Better Waverly has shown fluctuations. Median income has fluctuated significantly, from a low of $33,865 in 2014 to a high of $47,348 in 2016, before settling at $40,984 in 2022. The consistent decrease in population from 3,289 in 2015 to 2,164 in 2022 suggests ongoing challenges in retaining residents, possibly due to economic factors or changing urban dynamics. The periods of higher median income (2015-2017) coincide with the initial stages of increased diversity, suggesting that the influx of new residents may have temporarily boosted the neighborhood's economic profile.