Waverly is a town in Spokane County, Washington, United States. The population was 106 at the 2010 census.

Waverly was contracted by white immigrants as further on as 1878, and was named by two settlers after Waverly, Iowa in 1879. The later year the community customary a name office at the habitat of A.D. Thayer upon Hangman Creek (now Latah Creek), where it remained for five years.

In 1884 P. Gimble opened the town’s first business, a general store, which was followed by a station for a extra branch of the Oregon Railroad & Navigation Company, and warehouses built by the Spokane Grain & Milling Company and the Pacific Coast Elevator Company.

In December 1899 a beet sugar factory built by the Washington State Beet Sugar Company opened. It cost $500,000 to build, included a 1,400 acres (570 ha) farm, and could process 350 sharp tons (320 t) per day. It was considered unprofitable and inferior. Thomas R. Cutler and the Utah Sugar Company advised the factory, based upon their execution with the Lehi, Utah factory. The factory closed in 1910 and eventually sold to the Gunnison Sugar Company for $100,000. The equipment was installed in Centerfield, Utah in 1917. The beet sugar company employed 150 workers in the factory, and going on to 400 workers in the beet fields during harvest time. Additionally, the town included a hardware store, jewelry store, harness shop, meat market, millinery, two hotels, two restaurants, a livery stable, barber shop, furniture store, and two saloons. Waverly was officially incorporated upon May 15, 1907.