The population of Waneta City is approximately 5,325 people. The town's median age is 47 years old. There are approximately 494 households in the town. About 23 percent of the population is under the age of 18 and 6.4% is between the ages of 18 and 24. Approximately 20 percent of the households are not families and 22.7% are comprised of singles. The average household size is 2.36, with a higher percentage of households with children.