Water Valley is a city located in Mississippi. With a 2020 population of 3,343, it is the 79th largest city in Mississippi and the 5900th largest city in the United States. Water Valley is currently growing at a rate of 0.06% annually but its population has decreased by -1.44% since the most recent census, which recorded a population of 3,392 in 2010. Water Valley reached it's highest population of 4,315 in 1920. Spanning over 7 miles, Water Valley has a population density of 477 people per square mile.
The average household income in Water Valley is $50,460 with a poverty rate of 13.48%. The median rental costs in recent years comes to $516 per month, and the median house value is $97,000. The median age in Water Valley is 40.9 years, 37.6 years for males, and 47.5 years for females. For every 100 females there are 89.3 males.