| Index | Water Valley | Mississippi | National |
| Average Test Scores | 36% | 40% | 48% |
| Student/Teacher ratio | 14:1 | 16:1 | 16:1 |
| Total public schools | 2 | 893 | 79,221 |
| Total private schools | 1 | 206 | 24,874 |
| Total post-secondary schools | n/a | 68 | 7,963 |


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| Index | Water Valley | Mississippi | National |
| Completed 8th grade | 73.1% | 78.6% | 84.3% |
| Completed high school | 71.8% | 76.7% | 83.0% |
| Completed some college | 40.5% | 52.5% | 59.4% |
| Completed associate degree | 23.2% | 29.8% | 38.5% |
| Completed bachelors | 14.6% | 21.0% | 30.3% |
| Completed masters | 6.1% | 7.9% | 11.5% |
| Completed professional degree | 1.0% | 2.2% | 3.3% |
| Completed doctorate | 0.3% | 0.9% | 1.3% |
There are a total of 2 public schools, 1 private schools and n/a post-secondary schools in Water Valley. Using the proficiency score averages, the average test scores for Water Valley, MS schools is 36%. The average student to teacher ratio is 14:1. In Water Valley, MS, an average of 73.1% of students have completed 8th grade and an average of 71.8% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Oxford, MS | 27,662 | 61% | 26.8% |
| Coffeeville, MS | 1,013 | 31% | 35.9% |
| Water Valley, MS | 3,300 | 36% | 26.0% |
| City | Population | Avg. Test Scores | National Avg. |
| Hartford, SD | 3,300 | 47% | 1.6% |
| Southampton, NY | 3,301 | 48% | 0.8% |
| Elma, WA | 3,299 | 46% | 4.6% |
| Heavener, OK | 3,298 | 23% | 52.6% |
| Hauula, HI | 3,298 | 32% | 33.3% |
| Water Valley, MS | 3,300 | 36% | 26.0% |