Waverly is located in Morgan county Illinois with a geographic area of 1.0 square miles. The total population in Waverly is 1,482 with 44.9% male and 55.1% female. Children under age 5 represent 8.6% of the population, under age 18 equal 22.3% of the population and over age 65 is 19.0% of the population. The median household income is $44,405, per capita income is $25,002. There are a total of 572 housing units with 80.6% owner occupied. Education includes 55.4% of residents that are high school graduates and 9.6% with a bachelor's degree or higher. The average temperature in Waverly in the summer is 75 degrees, and in the winter 27 degrees.