Living in Water Valley, Kentucky
Cost of living, income, home prices, rent and demographics of Water Valley · Census data 2020–2024
Water Valley has 137 residents with a median age of 29. The median household income is $42,143 (34% lower than the Kentucky median), the median home value is $77,100.
Water Valley is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Water Valley at a glance
- Population
- 137
- Median age
- 29State: 39.1
- Median household income
- $42,143State: $63,726
- Median home value
- $77,100State: $205,600
- Homeowners
- 100%
- Bachelor's degree or higher
- 0%
- Average commute
- 28 min
Is Water Valley a good place to live?
Pros: Home values 63% lower than the state median.
Cons: Median household income 34% lower than the Kentucky median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Water Valley
Housing is the biggest part of the cost of living. In Water Valley the median home value is $77,100, 77% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Water Valley median household income
The median household income in Water Valley is $42,143 and the income per person is $22,082. 0% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Water Valley: homes for sale and rent
- Housing units
- 38
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 3.61
Water Valley demographics
- Population
- 137
- Median age
- 29
- Under 18
- 24.1%
- 65 and older
- 10.2%
- Households
- 38
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Water Valley ›
Education in Water Valley
0% of adults 25 and older in Water Valley have a bachelor's degree or higher (Kentucky: 27.6%), and 0% have a graduate or professional degree.
Jobs and commute in Water Valley
- Unemployment rate
- 0%State: 4.9%
- Average commute
- 28 minState: 24 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Water Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Water Valley | 137 | $42,143 | $77,100 | — |
| Fulton | 2,378 | $36,040 | $56,300 | $567 |
| Wingo | 606 | $50,000 | $117,200 | $648 |
| South Fulton | 2,379 | $43,942 | $83,400 | $790 |
| Clinton | 1,165 | $34,464 | $67,100 | $653 |
| Sedalia | 334 | $45,900 | $116,200 | — |
| Mayfield | 9,868 | $40,965 | $112,500 | $644 |
| Fancy Farm | 326 | $60,268 | $135,500 | $559 |
| Martin | 10,915 | $43,381 | $198,300 | $859 |
More for people moving to Water Valley
Water Valley ZIP code ›Weather and climate ›Living in Water Valley: FAQ
What is the median household income in Water Valley, KY?
The median household income in Water Valley is $42,143, 34% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Water Valley?
The median home value in Water Valley is $77,100, compared with $205,600 in Kentucky.
Is Water Valley, KY a good place to live?
Pluses: home values 63% lower than the state median. Minuses: median household income 34% lower than the Kentucky median; an average commute of 28 minutes.
What is the median age in Water Valley?
The median age in Water Valley is 29 years (Kentucky: 39.1).
How long is the commute in Water Valley?
The average commute to work in Water Valley is 28 minutes; 0% of workers work from home.
What is the unemployment rate in Water Valley?
The unemployment rate in Water Valley is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Water Valley?
0% of adults in Water Valley have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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