Waverly, MN

View of Waverly, MN
Population
2,293
U.S. Census Population Estimates Program · 2025
Elevation
1,005 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$323,100
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$941/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$112,222
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Waverly

Set along the shores of Big Waverly Lake about 35 miles west of the Twin Cities, Waverly offers a peaceful lakeside setting with a straightforward commute down Highway 12. With a population right around 1,900, it holds onto the warm, welcoming feel of a close-knit small town. Water is at the center of everyday life here, with Big and Little Waverly Lake framing the town and giving residents quick access to summer boating, paddling, and quiet sunsets by the water.

Local routines flow with the changing seasons, whether that means summer afternoons at the park, neighborhood boat rides, or setting up ice fishing houses once the lake freezes over. Families love having Humphrey Elementary located right in town within the Howard Lake-Waverly-Winsted school district, named after former Vice President Hubert Humphrey, who famously kept a home on the lake. Between the relaxed pace, friendly local spots, and convenient highway access, Waverly makes a great home base for anyone looking for lakeside living within reach of the metro.

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