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CITY · 2020 ACS

Water Valley

Kentucky · 235 residents · 0.534 sq mi
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The short version

Water Valley has roughly average household income, with a median household income of $63,125. Population has fallen 26% since 2000, a loss of 81 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $75,000. With a median age of 48.1, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 48.1
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
235
−26%since 2000
from 316 in 2000
1990 – 2024
Population density
440 / sq mi
−26%since 2000
from 592 / sq mi in 2000
US average: 280
Median age
48.1
+22%since 2000
from 39.5 in 2000
US average: 38.8
Population, 1990 – 2024
601442293143981990201020202024Water Valley
2024137
1990201020202024
Section 02

Income & economy

Median household income
$63,125
+61%inflation adjusted, since 2000
from $26,071 in 2000
US average: $66,278
1990 – 2024
Per capita income
$34,656
+141%since 2000
from $14,387 in 2000
US average: $35,364
Households earning $100K+
30.2%
+25.4 ptssince 2009
from 4.8% in 2009
US average: 43.9%
Poverty rate
13.3%
−7.8 ptssince 2000
from 21.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade33.8%
US avg: 10%
Finance & insurance13.2%
US avg: 5.5%
Professional, scientific, technical13.2%
US avg: 4.7%
Information2.9%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$75,000
+25%inflation adjusted, since 2000
from $40,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,063
+106%inflation adjusted, since 2000
from $344 in 2000
US average: $1,124
Owner-occupied
66.7%
−11.3 ptssince 2000
from 78.0% in 2000
33.3% rent
Afford Score
1.2
−23%since 2000
from 1.5 in 2000
1990 – 2024
RELATED:See current rent listings in Water Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.9%(300)
Black4.7%(15)
Hispanic / Latino0.3%(1)
Asian0%(0)
Other0%
Diversity Score12.1%(38)
2020
White, non-Hispanic86.8%(204)
Black3%(7)
Hispanic / Latino3%(7)
Asian0%(0)
Other6.7%(16)
Diversity Score28.9%(68)
Diversity Score
29
+140%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.0%
+6.8 ptssince 2000
from 7.3% in 2000
US average: 32.9%
High school or higher
83.5%
+10.7 ptssince 2000
from 72.8% in 2000
US average: 88.5%
Graduate degree
1.7%
−1.3 ptssince 2000
from 2.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.2 min
+7%since 2000
from 21.7 min in 2000
US average: 26.9
Drive alone to work
98.5%
+10.3 ptssince 2009
from 88.2% in 2009
US average: 75.1%
No vehicle available
4.8%
−1.6 ptssince 2009
from 6.3% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
17.1%
+10.0 ptssince 2011
from 7.1% in 2011
US average: 5.4%
Labor force participation
65.1%
+8.7 ptssince 2011
from 56.4% in 2011
US average: 63.4%
Management & professional
4.4%
−49.7 ptssince 2009
from 54.1% in 2009
US average: 39.3%
Section 08

People & community

Male
52.6%
+5.8 ptssince 2009
from 46.8% in 2009
Female
47.4%
−5.8 ptssince 2009
from 53.2% in 2009
Foreign born
7.4%
+7.4 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
6.7%
−80.1 ptssince 2013
from 86.8% in 2013
US average: 8.8%
Drill deeper

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Compare Water Valley to nearby cities

WATER VALLEY VS
Mayfield
Income$40,965−35%
Home value$112,500+50%
Population9,851+7091%
SEE FULL COMPARISON →
WATER VALLEY VS
Martin
Income$43,381−31%
Home value$198,300+164%
Population11,060+7973%
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WATER VALLEY VS
Union City
Income$50,870−19%
Home value$146,000+95%
Population10,814+7793%
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WATER VALLEY VS
Murray
Income$44,091−30%
Home value$195,000+160%
Population18,964+13742%
SEE FULL COMPARISON →
Frequently asked

How many people live in Water Valley, Kentucky?

Water Valley, Kentucky has about 235 residents according to the 2020 American Community Survey.

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

The typical household in Water Valley, Kentucky earns about $63,125 a year. Half of households make more than that, and half make less.

Is Water Valley, Kentucky expensive?

In Water Valley, Kentucky, the median home is worth about $75,000, and the typical rent is about $1,063 a month.

How educated are people in Water Valley, Kentucky?

About 14.0% of adults age 25 and over in Water Valley, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Water Valley, Kentucky?

About 13.3% of people in Water Valley, Kentucky live below the federal poverty line.

Has Water Valley, Kentucky grown since 1990?

Yes, Water Valley, Kentucky has shrunk since 1990. The population has lost about 69 residents, a change of about -23 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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