Waverly is an unincorporated community in Eaton County in the U.S. state of Michigan.

It is a census-designated place (CDP) for statistical purposes and has no legal status as a municipality.

[5] The Lansing ZIP code 48917 serves the area defined by the Waverly CDP.

As of the census[2] of 2000, there were 16,194 people, 6,866 households, and 4,304 families living in the CDP.

30.9% of all households were made up of individuals, and 10.7% had someone living alone who was 65 years of age or older.