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is a city in Humphreys County, Tennessee, United States. The population was 4,028 at the 2000 census. It is the county seat of Humphreys County.
Waverly is located at (36.085847, -87.786917). The city is situated in the Trace Creek Valley, just over east of the creek's confluence with the Kentucky Lake impoundment of the Tennessee River. The low ridges that "wall in" Waverly to the north and south represent the fringe of the western section of the Highland Rim.
Waverly is centered around the junction of U.S. Route 70, which connects the city to Nashville to the east and Memphis to the west, and State Route 13, which connects the city to Hurricane Mills and Interstate 40 to the south and the rural areas around Erin to the north.
According to the United States Census Bureau, the city has a total area of 8.1 square miles (21.1 km²), all of it land.