Waveland, MS
Population 7,066 · Mississippi
About Waveland, MS
Waveland is a small community in Mississippi with a population of 7,066 residents. The median household income is $58,795 per year, which is near the national average. The median age in Waveland is 41.6 years.
Housing in Waveland has a median home value of $201,800 and median monthly rent of $828. Of the 3,765 total housing units, the majority are owner-occupied, with 1,941 owner-occupied and 1,200 renter-occupied units.
The unemployment rate in Waveland is 6.3% and the poverty rate is 12.7%. 23.8% of residents hold a bachelor's degree or higher. The average commute time is 32.4 minutes.
Cost of Living in Waveland, MS
Compared to national averages, Waveland has a median household income of $58,795 (22% below the national median of $75,149). Home values average $201,800, which is 18% below the national median. Monthly rent at $828 is 29% below the US average of $1,163. Within Mississippi, Waveland's income is 18% above the state average of $49,929, and home values are 61% above the state median of $125,705.
Why Live in Waveland, MS?
Waveland offers affordable housing with a median home value of $201,800, below the US average of $244,900, and rent that’s lower than the national average at $828/month.
Potential considerations include median household income ($58,795) that falls below the national average. However, Waveland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waveland has a population of 7,066 with a median age of 41.6 years. Compare Waveland with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Waveland
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Philadelphia | 7,030 | $36,781 | $95,600 | Compare |
| Kosciusko | 6,994 | $36,490 | $115,900 | Compare |
| Richland | 7,250 | $63,611 | $131,300 | Compare |
| Holly Springs | 6,861 | $47,344 | $110,900 | Compare |
| Batesville | 7,432 | $46,492 | $190,800 | Compare |
| Amory | 6,564 | $51,592 | $140,700 | Compare |
| Gulf Park Estates | 6,517 | $62,100 | $196,800 | Compare |
| West Hattiesburg | 6,509 | $38,269 | $209,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waveland
What is the population of Waveland, MS?
The population of Waveland, MS is 7,066 according to the latest Census data.
What is the median household income in Waveland?
The median household income in Waveland, MS is $58,795 per year.
What is the median home value in Waveland?
The median home value in Waveland, MS is $201,800.
What is the average rent in Waveland?
The median monthly rent in Waveland, MS is $828.
What is the unemployment rate in Waveland?
The unemployment rate in Waveland, MS is 6.3%.