| Index | Waverly | Nebraska | National |
| Average Test Scores | 59% | 53% | 48% |
| Student/Teacher ratio | 15:1 | 13:1 | 16:1 |
| Total public schools | 4 | 780 | 79,221 |
| Total private schools | 1 | 182 | 24,874 |
| Total post-secondary schools | n/a | 56 | 7,963 |
| Index | Waverly | Nebraska | National |
| Completed 8th grade | 97.7% | 88.4% | 84.3% |
| Completed high school | 97.3% | 87.2% | 83.0% |
| Completed some college | 75.5% | 63.7% | 59.4% |
| Completed associate degree | 51.5% | 40.1% | 38.5% |
| Completed bachelors | 36.0% | 30.0% | 30.3% |
| Completed masters | 10.6% | 9.9% | 11.5% |
| Completed professional degree | 0.9% | 2.9% | 3.3% |
| Completed doctorate | 0.1% | 1.2% | 1.3% |
There are a total of 4 public schools, 1 private schools and n/a post-secondary schools in Waverly. Using the proficiency score averages, the average test scores for Waverly, NE schools is 59%. The average student to teacher ratio is 15:1. In Waverly, NE, an average of 97.7% of students have completed 8th grade and an average of 97.3% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Elmwood, NE | 701 | 77% | 60.4% |
| Murdock, NE | 177 | 72% | 50.0% |
| Ceresco, NE | 1,343 | 65% | 35.4% |
| Ashland, NE | 2,834 | 60% | 25.0% |
| Palmyra, NE | 670 | 57% | 18.8% |
| Waverly, NE | 3,941 | 59% | 22.2% |
| City | Population | Avg. Test Scores | National Avg. |
| Basalt, CO | 3,941 | 39% | 18.8% |
| Williamston, MI | 3,939 | 66% | 36.8% |
| Holloman AFB, NM | 3,943 | 55% | 13.5% |
| Echols County, GA | 3,944 | 37% | 24.0% |
| Baxter Springs, KS | 3,938 | 35% | 28.1% |
| Waverly, NE | 3,941 | 59% | 22.2% |
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