Waverly is a very small town located in the state of Virginia. With a population of 1,934 people and two associated neighborhoods, Waverly is the 223rd largest community in Virginia.

Telecommuters are a relatively large percentage of the workforce: 11.84% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In Waverly, however, the average commute to work is quite long. On average, people spend 35.11 minutes each day getting to work, which is significantly higher than the national average.

As is often the case in a small town, Waverly doesn't have a public transportation system that people use for their commute.

The citizens of Waverly are slightly better educated than the national average of 21.84% for all cities and towns, with 21.42% of adults in Waverly having a bachelor's degree or advanced degree.

The per capita income in Waverly in 2022 was $31,738, which is lower middle income relative to Virginia, and middle income relative to the rest of the US. This equates to an annual income of $126,952 for a family of four. However, Waverly contains both very wealthy and poor people as well.

Waverly is a very ethnically-diverse town. The people who call Waverly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waverly residents report their race to be Black or African-American, followed by White. Important ancestries of people in Waverly include African, English, Irish, German, and French.

The most common language spoken in Waverly is English. Other important languages spoken here include Italian and Polish.