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Mississippi · Census place 78000

Water Valley city, MS

Quick answer

Water Valley city has 3,380 residents, ranking #91 of 427 places in Mississippi. Median household income is $47,167, the median home is worth $111,000 and median gross rent runs $592 a month.

Population
3,380Water Valley city residents
Median household income
$47,167Past 12 months, inflation adjusted
Median home value
$111,000Owner-occupied units
Median gross rent
$592Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
55.6%Owner-occupied households

What the numbers mean in Water Valley city

Housing cost measured against local earnings.

A household earning the Water Valley city median would spend about 15.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.5% of residents and 55.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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