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Retirement community in Waverly, Iowa

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Waverly, Iowa Retirement Guide

established retirement community
76

Retirement Score

Waverly, Iowa at a Glance

Median Home Price
$211,000
State Income Tax
State income tax; Social Security and retirement income exempt for those 55+.
Avg January Low
9.4°F
Cost of Living Index
88.4 (US avg = 100)
Best For
established retirement community
RetireCityIQ Score
76 / 100

Overview

Explore the key retirement factors for Waverly, Iowa, including cost of living, taxes, healthcare quality, and climate data.

Cost of Living

Affordability Metrics

Cost of Living Index
88.4 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated May 2026
Median Household Income
$78,278High confidence
U.S. Census ACS 5-Year · Updated September 2026

Waverly's cost of living is 11.599999999999994% below the national average. For a detailed breakdown of expenses, see our cost of living methodology.

Housing

Real Estate & Housing

Median Home Price
$211,000High confidence
U.S. Census ACS 5-Year · Updated September 2026
Median Monthly Rent
$861High confidence
U.S. Census ACS 5-Year · Updated September 2026
Owner-Occupied Housing
76.4%High confidence
U.S. Census ACS 5-Year · Updated September 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Waverly using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$457

Stress-case monthly carrying cost

$513

Median home price used: $211,000

Median rent reference: $861 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

Budget validation

Calculate if your savings last in this city

Use RetireFree to test whether your portfolio can support retirement in Waverly, Iowa after local housing costs, taxes, healthcare, inflation, and withdrawal timing.

Open the RetireFree Calculator →

Healthcare

Access & Quality

Healthcare Access Score
100 / 100High confidence
CMS Hospital General Information · Updated September 2026
Care Access (Proxy)
100 / 100Estimated
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score
85.1 / 100Estimated
RetireCityIQ proxy model · Updated June 2026

Quality of care and specialist availability are critical for a successful retirement. Waverly scores 100 out of 100 for healthcare access.

Care planning link

Find local assisted living in Waverly

If your city research includes aging parents, future care needs, or a move closer to family, compare local care options alongside housing and healthcare access.

Assisted living in Waverly

Taxes

State Tax Climate

Retirement Tax Score
60 / 100High confidence
Tax Foundation · Updated September 2026
Tax Details
State income tax; Social Security and retirement income exempt for those 55+.High confidence
Tax Foundation · Updated September 2026

Iowa has a tax environment that is moderate for retirees.

Climate

Weather & Environment

Avg July High
82.3°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Avg January Low
9.4°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Annual Precipitation
31.2"High confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Sunny Days / Year
282 daysHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026

With 282 sunny days a year and an average January low of 9.4°F, Waverly offers a traditional winter climate.

Safety & Walkability

Community Safety

Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated June 2026

Walkability

Walk Score (proxy)
100 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
0.5 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026

Demographics

Population Profile

Population
10,399High confidence
U.S. Census ACS 5-Year · Updated September 2026
Median Age
33.5High confidence
U.S. Census ACS 5-Year · Updated September 2026
Age 65+
19.5%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Veterans
6.7%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Bachelor's Degree+
40.8%High confidence
U.S. Census ACS 5-Year · Updated September 2026

Diversity Breakdown

White
90.0%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Black
2.9%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Hispanic/Latino
3.4%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Asian
1.7%High confidence
U.S. Census ACS 5-Year · Updated September 2026

Frequently asked questions about retiring in Waverly

Is Waverly, Iowa a good place to retire?

Waverly, Iowa is one of the US retirement-friendly cities tracked by RetireCityIQ. Notable retirement-relevant traits include established retirement community. See the at-a-glance card on this page for the cost of living, state tax treatment, climate, and healthcare access metrics.

What is the cost of living in Waverly, Iowa for retirees?

The cost-of-living index is 88, roughly 12% below the national average of 100. Median home price is around $211,000.

Does Iowa tax Social Security or retirement income?

For Iowa residents: State income tax; Social Security and retirement income exempt for those 55+.

What is the climate like in Waverly, Iowa?

Waverly, Iowa has January average low around 9°F, July average high around 82°F. Climate normals are based on 30-year averages from NOAA's National Centers for Environmental Information.

What is healthcare access like in Waverly, Iowa?

Waverly scores 100/100 on the RetireCityIQ healthcare access index — a top-tier score. The index combines CMS hospital quality ratings, Medicare Advantage plan availability, and hospitals per 100,000 residents (KFF + CMS data).

Local Professionals

Financial Advisors

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ACCEL WEALTH MANAGEMENT LLC

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