Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Water Valley, Mississippi is a small-sized city with a population of 3,392 residents. Individuals of White (49%) and Black or African American (51%) backgrounds make up a significant portion of the population of the city. Water Valley is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average. If you prefer shorter commutes, living in Water Valley will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the town before actually living in Water Valley, Mississippi. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Water Valley, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, commute, housing and more.
With a livability score of 62/100, Water Valley is ranked #16,271 in the United States and #172 in Mississippi. If we examine each of the categories individually, we see that Water Valley ranks well for housing (A+). The bad news for Water Valley, there are some categories for which it does not score well, this includes: amenities (F), crime (D), education (F) and employment (F).
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Water Valley, residents are privileged to experience a cost of living that stands 24.84% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Water Valley an attractive destination for individuals seeking financial prudence without compromising their quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Water Valley has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Water Valley meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Water Valley. Everything else becomes a lot less important if it turns out that home prices in Water Valley are simply unattainable. The median home price for Water Valley homes is $176,932, which is 5.7% lower than the Mississippi average. If we take a closer look at the affordability of homes in Water Valley, we’ll see that the home price to income ratio is 3, which is 3.2% lower than the Mississippi average.
| Statistic | Water Valley | Mississippi | National |
| Average one way commute | 19min | 24min | 26min |
| Workers who drive to work | 88.8% | 84.7% | 76.4% |
| Workers who carpool | 2.4% | 9.7% | 9.3% |
| Workers who take public transit | 1.2% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 1.5% | 1.5% | 2.8% |
| Working from home | 4.5% | 2.2% | 4.6% |
Here are the best places to live in Mississippi
Safest States In The US
These are the largest cities in Mississippi
Most Dangerous Cities In The US