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Water Valley, Mississippi Demographics & Population 2026

High PovertyPoverty rate of 27.1% is well above the state average

During the 2020–2024 ACS period, Water Valley, Mississippi had a total population of 3,376, the 90th largest city in Mississippi, with a median household income of $42,684, which is 24% lower than the state average. The poverty rate is 27.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Water Valley Quick Facts

Population 3,376
Median Household Income $42,684
Median Home Value $135,500
Poverty Rate 27.1%
Unemployment Rate 3.0%
Median Age 32.0 years
Homeownership Rate 48.8%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 23.1%
High School Graduation Rate 82.3%
Diversity Index 56/100
Population 3,376 90th of 420
Median Income $42,684 below average
Poverty Rate 27.1% 118% higher than national
Median Home Value $135,500 above average

How Water Valley Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,3803,376-0.1%
Median household income$47,167$42,684-9.5%
Median home value$111,000$135,500+22.1%

How Water Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 27.5%
$25K-$50K 28.9%
$50K-$100K 24.5%
$100K+ 19.1%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
11.4%
$15K-$20K
1.4%
$20K-$25K
8.5%
$25K-$30K
2.6%
$30K-$35K
4.2%
$35K-$40K
13.9%
$40K-$45K
4.4%
$45K-$50K
3.8%
$50K-$60K
3.7%
$60K-$75K
10.3%
$75K-$100K
10.6%
$100K-$125K
8.8%
$125K-$150K
2.2%
$150K-$200K
4.5%
$200K+
3.6%

Employment

3.0% Unemployment Rate State: 5.8%|National: 5.2%
55.6% Labor Force Participation

Housing Overview

Owner 48.8%
Renter 51.2%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $606/mo 17.0% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 56 | National average: 61

Education

Water Valley Rankings in Mississippi

#90 Population of 420
#212 Median Income of 349
#132 Education of 419
#142 Home Value of 354

Other Cities in Yalobusha County

CityPopulationMedian IncomePovertyHome Value
Coffeeville 785 $26,250 34.9% $87,300
Oakland 402 $32,697 16.7% N/A
Tillatoba 79 $81,932 0.0% $87,700

Cities Similar to Water Valley

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hazlehurst3,520$43,552$110,50025.9%33.0%
Escatawpa3,494$40,109$107,90015.8%20.8%
Baldwyn3,138$43,841$98,60016.1%21.8%
Morton3,656$41,863$84,20010.0%16.1%
Houston3,741$44,023$122,80019.6%26.2%

Population Overview

Water Valley is a small community located in Mississippi, within Yalobusha County. The total population is 3,376. It ranks as the 90th most populous out of 420 Census-designated places in Mississippi.

Age Demographics

The median age in Water Valley is 32.0 years. This is 17% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Water Valley is $42,684. This is 24% lower than the state median of $56,447. It is also 47% lower than the national median of $80,734. The poverty rate stands at 27.1%. This is 43% higher than the state poverty rate of 18.9%. 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 3.0%. This is 47% lower than the state rate of 5.8%. The median home value is $135,500. Housing costs are 20% lower than the state median of $169,800. The home-value-to-income ratio is 3.2x. 48.8% of occupied housing units are owner-occupied. This homeownership rate is 30% lower than the state average of 70.0%.

Race & Ethnicity

The largest racial or ethnic group in Water Valley is Black or African American, making up 48.3% of the population. White (non-Hispanic) residents account for 45.6%.

Education

23.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% lower than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.3%.

Data Sources & Methodology

All demographic data for Water Valley, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Mississippi city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Water Valley, Mississippi?

Water Valley, Mississippi has a population of 3,376 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Water Valley is $42,684, which is 47% lower than the national median of $80,734.

What is the poverty rate in Water Valley, MS?

The poverty rate in Water Valley is 27.1%. This means approximately 870 residents live below the federal poverty line.

What is the racial makeup of Water Valley, Mississippi?

Water Valley's population is 45.6% White, 48.3% Black, 3.5% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Water Valley is $135,500. The home-value-to-income ratio is 3.2x.

How educated is Water Valley, Mississippi?

23.1% of adults (25+) in Water Valley hold a bachelor's degree or higher, and 7.8% hold a graduate or professional degree.