Water Valley, KY
Population 112 · Kentucky
About Water Valley, KY
Water Valley is a small community located in Kentucky with a population of 112 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 28.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Water Valley features a median home value of $0, which is 100% below the national median of $244,900. This makes Water Valley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 41 total housing units, 100% are owner-occupied (41 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Water Valley shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Water Valley have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
8.3% of Water Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Water Valley, KY
Compared to national averages, Water Valley has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Water Valley's income is 100% below the state average of $66,273, and home values are 100% below the state median of $182,504.
Why Live in Water Valley, KY?
Water Valley offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Water Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Water Valley has a population of 112 with a median age of 28.8 years. Compare Water Valley with other cities to see how it stacks up, or explore all cities in Kentucky.
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Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Water Valley
What is the population of Water Valley, KY?
The population of Water Valley, KY is 112 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Water Valley?
The median household income in Water Valley, KY is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Water Valley?
The median home value in Water Valley, KY is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Water Valley?
The median monthly rent in Water Valley, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Water Valley?
The unemployment rate in Water Valley, KY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Water Valley, KY a good place to live?
Water Valley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 112 and a median age of 28.8, the city appeals to young professionals and families.
How educated is Water Valley, KY?
8.3% of residents in Water Valley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Water Valley?
Key cost-of-living indicators for Water Valley, KY: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Water Valley?
The poverty rate in Water Valley, KY is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Water Valley, KY?
Water Valley's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.