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
Compare with nearby places
Places of similar size in Mississippi.
- New Hope CDP 3,587
- Hazlehurst city 3,547
- Macon city 3,454
- Magnolia city 3,264
- Newton city 3,151
- Iuka city 3,118
- Baldwyn city 3,005
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More Mississippi coverage.