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Water Valley city, Mississippi Demographics & Population 2026

High PovertyPoverty rate of 27.5% is well above the state average
Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Water Valley city, Mississippi has a total population of 3,380, the 91st largest city in Mississippi, with a median household income of $47,167, which is 14% lower than the state average. The poverty rate is 27.5%.

Key Takeaways

Water Valley city Quick Facts

Population 3,380
Median Household Income $47,167
Median Home Value $111,000
Poverty Rate 27.5%
Unemployment Rate 4.1%
Median Age 32.9 years
Homeownership Rate 55.6%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 14.9%
High School Graduation Rate 84.9%
Diversity Index 53/100
Population 3,380 91st of 419
Median Income $47,167 average
Poverty Rate 27.5% 121% higher national
Median Home Value $111,000 average

How Water Valley city Compares

Economy & Housing

Employment

4.1% Unemployment Rate State: 6.0% | National: 5.2%
55.6% Labor Force Participation

Housing Overview

Owner 55.6%
Renter 44.4%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 55 | National average: 60

Education

Water Valley city Rankings in Mississippi

#91 Population of 419
#160 Median Income of 419
#240 Education of 419
#173 Home Value of 419

Cities Similar to Water Valley city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Iuka city3,118$45,805$122,20016.7%22.3%
Hazlehurst city3,547$40,491$109,40030.3%37.9%
Magnolia city3,264$37,447$60,00011.8%31.1%
Baldwyn city3,005$43,333$94,00015.3%19.8%
Morton city3,661$38,889$90,0004.4%29.8%

Population Overview

Water Valley city is a small community located in Mississippi. The total population is 3,380. It ranks as the 91st most populous out of 419 cities and towns in Mississippi.

Age Demographics

The median age in Water Valley city is 32.9 years. This is 14% lower than the state median of 38.4 years.

Economy, Income & Housing

The median household income in Water Valley city is $47,167. This is 14% lower than the state median of $54,915. Compared to the national median of $78,538, household income here is 40% lower. The poverty rate stands at 27.5%. This is 44% higher than the state poverty rate of 19.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.1%. This is 32% lower than the state rate of 6.0%. The median home value is $111,000. Housing costs are 31% lower than the state median of $161,400. With a home-value-to-income ratio of just 2.4x, Water Valley city is one of the most affordable housing markets in the area. 55.6% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 69.5%.

Race & Ethnicity

The largest racial or ethnic group in Water Valley city is Black or African American, making up 51.6% of the population. White (non-Hispanic) residents account for 44.8%.

Education

14.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 24.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.9%.

Data Sources & Methodology

All demographic data for Water Valley city, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Mississippi. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Water Valley city, Mississippi?

Water Valley city, Mississippi has a population of 3,380 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Water Valley city, MS?

The median household income in Water Valley city is $47,167, which is 40% lower the national median of $78,538.

What is the poverty rate in Water Valley city, MS?

The poverty rate in Water Valley city is 27.5%. This means approximately 879 residents live below the federal poverty line.

What is the racial makeup of Water Valley city, Mississippi?

Water Valley city's population is 44.8% White, 51.6% Black, 2.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Water Valley city, MS?

The median home value in Water Valley city is $111,000. The home-value-to-income ratio is 2.4x.

How educated is Water Valley city, Mississippi?

14.9% of adults (25+) in Water Valley city hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.