Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.7 yrs |
|---|---|
| Avg HH Size | 2.76 |
| Below Poverty | 31.2% ▲ 212% above avg |
| College Grads | 11.1% ▼ 71% below avg |
| Unemployment | 2.0% ▼ 60% below avg |
| HS Graduate | 215 (43.4%) |
| Some College | 171 (34.5%) |
| Associates | 54 (10.9%) |
| Bachelors | 32 (6.5%) |
| Graduate Degree | 23 (4.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,662 ▼ 27% below avg |
|---|---|
| Median Home Value | $101,800 ▼ 63% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $743/mo |
| Total Housing Units | 361 |
| Vacant Units | 28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Water Valley is a city in Kentucky, located in Graves County. The city spans 1 ZIP code and is home to approximately 918 residents. It is a relatively young city, with a median age of 36.7 years.
Economically, Water Valley is a solidly middle-class community. The median household income of $55,662 is below the national average. Approximately 31.2% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Water Valley is one of the more affordable housing markets in the country. Median home values stand at $101,800, which is well below the national average. Renters typically pay around $743 per month. Homeownership is high at 74.8%, typical of suburban and family-oriented communities.
The population of Water Valley is less-educated. 11.1% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (94.44%).
Water Valley, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 42085 | 918 | $55,662 | $101,800 | $743 | 2.0% | 11.1% | 74.8% |