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Water Valley, Mississippi

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,376
Population
$42,684
Median Income
$135,500
Home Value
32.0
Median Age

Demographics

Water Valley has a population of 3,376 with a median age of 32.0. Here is the racial and ethnic breakdown of the population:

Black
48.3%
White
46.9%
Hispanic
3.6%
Other
1.2%
Demographic Value
Total Population3,376
Median Age32.0
White46.9%
Black or African American48.3%
Hispanic or Latino3.6%
Other / Two or More Races1.2%
Water Valley, Mississippi — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 48.3%White: 46.9%Hispanic/Latino: 3.6%Other: 1.2%3,376PopulationBlackBlack48.3%WhiteWhite46.9%Hispanic/LatinoHispanic/Latino3.6%OtherOther1.2%

Income & Economy

The median household income in Water Valley is $42,684, which is 47.0% below the national median of $80,610. The per capita income is $25,436. The poverty rate is 27.1%.

$42,684
Median Household Income
$25,436
Per Capita Income
27.1%
Poverty Rate

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Education

In Water Valley, 82.3% of residents age 25+ have a high school diploma or higher, and 23.1% hold a bachelor's degree or higher (7.8% with a graduate or professional degree).

HS Diploma+
82.3%
Bachelor's+
23.1%
Graduate+
7.8%
Education Level % of Adults (25+)
High School Diploma or Higher82.3%
Bachelor's Degree or Higher23.1%
Graduate or Professional Degree7.8%

Housing

The median home value in Water Valley is $135,500, below the national median of $303,400. The median monthly rent is $606. The homeownership rate is 48.8%.

$135,500
Median Home Value
$606/mo
Median Rent
48.8%
Homeownership Rate
Housing Metric Value
Median Home Value$135,500
Median Monthly Rent$606
Homeownership Rate48.8%
Vacancy Rate21.9%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of Water Valley, Mississippi?
The population of Water Valley, Mississippi is 3,376 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Water Valley, Mississippi?
The median household income in Water Valley, Mississippi is $42,684. This is 47.0% below the national median of $80,610.
What is the median home value in Water Valley, Mississippi?
The median home value in Water Valley, Mississippi is $135,500. The median monthly rent is $606.
What percentage of people in Water Valley have a college degree?
In Water Valley, Mississippi, 23.1% of adults age 25 and older hold a bachelor's degree or higher, and 82.3% have a high school diploma or higher.
Is Water Valley, Mississippi an affordable place to live?
The home price-to-income ratio in Water Valley, Mississippi is 3.2x (median home value $135,500 vs. median income $42,684), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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