Waverly vs Cedar Falls

Side-by-side comparison of Waverly, IA and Cedar Falls, IA - population, economics, education, health, hospitals, climate, and cost of living from official U.S. government data.

Reading a Waverly vs Cedar Falls comparison, what matters, what doesn't

Waverly (10K residents in Iowa) and Cedar Falls (41K residents in Iowa) differ first on the three numbers nearly every comparison starts with: median household income ($80,284 vs $76,987), median home value ($223,300 vs $263,600), and median rent ($1,057 vs $1,203 per month). Those three are highly correlated within a region but often decouple across regions because they respond to different levers, income tracks the local job market, home values track housing supply plus interest-rate pressure, and rent tracks short-run vacancy. Comparing all three at once is how you spot whether a city is "expensive because people earn a lot" or "expensive despite what they earn."

The second layer is the layer most headline comparisons skip. Poverty rate (10.9% vs 15.7%) and unemployment (3.5% vs 3.9%) describe the distribution under the median, which two cities with similar averages can present very differently. The share with a bachelor's degree or higher (44.1% vs 50.4%) is the single best proxy for income trajectory over the next decade. On healthcare, CMS Hospital Compare credits Waverly with 1 hospital (avg rating 5/5) vs Cedar Falls's 1 (avg N/A/5).

Areazine renders each row with a national-average tick mark precisely so you can tell in one glance whether both cities are above/below the U.S. norm (they often are, cities with active residential markets self-select for certain profiles) rather than focusing on which is "better." For life decisions, where to relocate, where to retire, where to enroll a child in school, pair this page with the individual city profiles below, where health indicators, hospital ratings, school counts, and climate normals appear in full rather than as the compressed single row you see here.

Waverly
Iowa
Pop: 10K
Income: $80,284
Home: $223,300
Cedar Falls
Iowa
Pop: 41K
Income: $76,987
Home: $263,600

Head-to-Head Summary

Side-by-side comparison of Waverly and Cedar Falls on key metrics
Metric Waverly Cedar Falls
Population 10K 41K
Median Household Income $80,284 $76,987
Median Home Value $223,300 $263,600
Median Rent $1,057/mo $1,203/mo
Poverty Rate 10.9% 15.7%
Unemployment Rate 3.5% 3.9%
Bachelor's Degree+ 44.1% 50.4%

Population

Source: U.S. Census Bureau ACS 2024 (5-year)
Population
10K
Population
41K
Median Age
32.8 yrs
Median Age
29.3 yrs
10-Year Pop Growth
+3%
10-Year Pop Growth
+0%

Economics

Source: U.S. Census Bureau ACS 2024 (5-year)
Median Household Income
$80,284
Median Household Income
$76,987
Median Home Value
$223,300
Median Home Value
$263,600
Median Rent
$1,057
Median Rent
$1,203
Poverty Rate
10.9%
Poverty Rate
15.7%
Unemployment Rate
3.5%
Unemployment Rate
3.9%
10-Year Income Growth
+42%
10-Year Income Growth
+45%

Education & Work

Source: U.S. Census Bureau ACS 2024 (5-year)
Bachelor's Degree or Higher
44.1%
Bachelor's Degree or Higher
50.4%
Work From Home
10.6%
Work From Home
11.1%
Public Transit
0%
Public Transit
0%

Health (CDC PLACES)

Source: CDC PLACES 2023
Frequent Mental Distress
16.4%
Frequent Mental Distress
17.2%
Obesity
37.2%
Obesity
37%
Physical Inactivity
22.8%
Physical Inactivity
20.1%
Smoking
12.7%
Smoking
12.5%
Lack of Health Insurance
6.1%
Lack of Health Insurance
5.9%

Healthcare

Source: CMS Hospital Compare 2024
Hospitals Same
1
Hospitals
1
Avg Hospital Rating
5/5
Avg Hospital Rating
N/A

Demographics

Race categories sum to 100%. Hispanic or Latino is an ethnicity that spans all race categories, shown separately per Census Bureau methodology.

Waverly Population
Race
White 89.6%
African American 2.5%
Asian 1.5%
Two or More Races 2.8%
Cedar Falls Population
Race
White 91.7%
African American 1.4%
Asian 3.3%
Two or More Races 1.4%

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Data Sources

Population and economic data from the Census Bureau American Community Survey (2024 5-year estimates). Health data from the CDC PLACES (2023). Hospital data from CMS Hospital Compare (2024). Climate data from NOAA Climate Normals (1991–2020). Cost of living from BEA Regional Price Parities via FRED.

Related

Population is place-level (U.S. Census Bureau). Income, home value, rent, poverty and education are place-level American Community Survey figures; health from CDC PLACES, hospitals from CMS Hospital Compare, climate from NOAA Climate Normals, and cost of living from BEA Regional Price Parities. See our methodology for details.