Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 18.9% ▲ 89% above avg |
| College Grads | 27.6% ▼ 29% below avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 98 (1.7%) |
| HS Graduate | 1,800 (32%) |
| Some College | 1,155 (20.5%) |
| Associates | 1,018 (18.1%) |
| Bachelors | 626 (11.1%) |
| Graduate Degree | 927 (16.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,368 ▼ 25% below avg |
|---|---|
| Median Home Value | $121,500 ▼ 56% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $655/mo |
| Total Housing Units | 4,192 |
| Vacant Units | 746 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Water Valley is a city in Mississippi, located in Yalobusha County. The city spans 1 ZIP code and is home to approximately 8,801 residents. It is a middle-aged city, with a median age of 40.8 years.
Economically, Water Valley is a solidly middle-class community. The median household income of $57,368 is below the national average. Approximately 18.9% of residents live below the poverty line. The unemployment rate is 3.0%, 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 $121,500, which is well below the national average. Renters typically pay around $655 per month. Homeownership is high at 73.9%, typical of suburban and family-oriented communities.
The population of Water Valley is moderately educated. 27.6% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (64.98%).
Water Valley, MS offers residents a cost-conscious lifestyle within Mississippi.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38965 | 8,801 | $57,368 | $121,500 | $655 | 3.0% | 27.6% | 73.9% |