ZIP Code 18471 — Waverly CDP, PA Demographics & Data

ZIP code 18471 covers Waverly, PA in Lackawanna County with a population of about 527.

At a glance, the area shows median age of 51.2 versus a U.S. median of about 38.9.

It sits in telephone area codes 272, 570; U.S. House district PA-8; the WILKES BARRE - SCRANTON media market.

Waverly, PA sits in a university / college context (near clarks summit university (2.4 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 18471 is about $121,136 — about 61% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.0%; unemployment rate near 4.4%; 75.1% of adults with a bachelor’s degree or higher (about 41.4 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Education; about 16.3% of workers reporting work-from-home (about 1.1 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $298,100 — about 14% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 98.2% (about 32.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 18471 in Waverly, PA, a household would need roughly $82,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,915. That sits below the local median household income ($121,136), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Waverly CDP, PA as Relatively Moderate (composite score 89.9), which is elevated versus much of the country. The strongest component scores on US5 are flood (94.1) and hurricane (82.0). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Waverly CDP, PA show little to no average snow and around 38.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 24 for ZIP 18471 (Waverly CDP, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.