38965 Zip Code

April 19, 2024

Zip Code:	38965
City/Town:	Water Valley
State:	Mississippi

Population:	9,135
Per Capita Income:	$19,156
Mean Household Income:	$47,846

Total Housing Units:	3,619
Median Home Value:	$55,200
Median Year Homes Built:	1976

Land Area:	245.6 sq miles 636.1 sq kilometers
Water Area:	7.1 sq miles 18.5 sq kilometers

Population Information (38965 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

9,135

Male:

4,415

48.3%

49.2%

Female:

4,720

51.7%

50.8%

Median Age:

39.7 yrs

37.2 yrs

Under 5 years:

584

6.4%

6.5%

5 to 9 years:

612

7.2%

6.6%

10 to 19 years:

1,302

14.3%

13.8%

20 to 29 years:

965

10.6%

13.8%

30 to 39 years:

1,138

12.5%

13.0%

40 to 49 years:

1,138

12.5%

14.2%

50 to 59 years:

1,380

15.1%

13.6%

60 to 69 years:

986

10.8%

9.4%

70 to 79 years:

683

7.5%

5.4%

80 years and over:

347

3.8%

3.7%

Housing Information (38965 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$55,200

$119,600

Median year homes build:

1976

1971

Median real estate taxes:

$320 / yr.

$1,334 / yr.

Median rent:

$213 / mo.

$519 / mo.

Total households:

3,619

Family households:

2,466

68.1%

66.4%

Nonfamily households:

1,153

31.9%

33.6%

Households with individuals under 18 years:

1,200

33.2%

33.4%

Households with individuals 65 years and over:

1,018

28.1%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

4,252

Occupied housing units:

3,619

85.1%

88.6%

Vacant housing units:

633

14.9%

11.4%

For rent:

121

2.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.7%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

132

3.1%

3.5%

All other vacants:

289

6.8%

2.8%

Homeowner vacancy rate:

2.5%

2.4%

Rental vacancy rate:

11.7%

9.2%

Owner-occupied housing units:

2,706

Population in owner-occupied housing units:

6,757

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

913

Population in renter-occupied housing units:

2,223

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (38965 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,780

Less than 9th grade:

735

12.7%

6.2%

9th to 12th grade, no diploma:

872

15.1%

8.7%

High school graduate (includes equivalency):

2,150

37.2%

29.0%

Some college, no degree:

1,139

19.7%

20.6%

Associate degree:

247

4.3%

7.5%

Bachelor's degree:

400

6.9%

17.6%

Graduate or professional degree:

237

4.1%

10.3%

Percent high school graduate or higher:

72.2%

85.0%

Percent bachelor's degree or higher:

11.0%

27.9%

Income Information (38965 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

2,985

32.7%

50.4%

Median income:

$22,849 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,372

15.0%

59.7%

Median income:

$28,806 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,187

34.9%

49.6%

Median income:

$11,129 / yr.

$16,327 / yr.

Full-time, year-round workers:

973

10.7%

40.3%

Median income:

$20,571 / yr.

$28,135 / yr.

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