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The total population of Water Valley is estimated to be 3,383 with 1,480 males (43.75%) and 1,903 females (56.25%). There are 423 more females than males in Water Valley.
The median household income in Water Valley was $45,488 in 2021, which marked an an increase of 45(0.10%) from $45,443 in 2020. This income is 60.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Water Valley sees its highest median household income among householders in the age group of 25 to 44 years old, at $63,279. Overall, the median household income for the city of Water Valley stands at $45,488.
In Water Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $23,436 for males and $20,947 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,274 for males and $33,988 for females.
In Water Valley, there are just two different racial groups among households. Among these, White households report a median household income of $59,720, while Black or African American households have a median household income of $35,130.
In 2022, the population of Water Valley was 3,361, a 0.15% decrease year-by-year from 2021. Previously, in 2021, Water Valley's population was 3,366, a decline of 0.24% compared to a population of 3,374 in 2020.
The median age in Water Valley, MS is 35.8, as per 2021 ACS 5-Year Estimates. Of the total population, 20.76% were under the age of 15, 24.26% aged 15 to 29, 34.55% aged 30 to 64, 17.92% aged 65 to 84, and 2.51% were 85 years of age and older.
Racial distribution of Water Valley population: 48.82% are White, 50.10% are Black or African American, 0.66% are some other race and 0.42% are multiracial.