Living in Coldwater, Mississippi
Cost of living, income, home prices, rent and demographics of Coldwater · Census data 2020–2024
Coldwater has 1,156 residents with a median age of 41. The median household income is $44,054 (22% lower than the Mississippi median), the median home value is $91,300.
Coldwater is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Coldwater at a glance
- Population
- 1,156
- Median age
- 41State: 38.6
- Median household income
- $44,054State: $56,447
- Median home value
- $91,300State: $169,800
- Homeowners
- 61.4%
- Bachelor's degree or higher
- 7.3%
- Average commute
- 24 min
Is Coldwater a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 5.3%.
Cons: Median household income 22% lower than the Mississippi median; a poverty rate of 33.7%.
The weather is best in April–May and September–October.
Cost of living in Coldwater
Housing is the biggest part of the cost of living. In Coldwater the median home value is $91,300, 73% lower than the U.S. median. Renters pay a median of — per month, which is 51% of household income. Homeowners with a mortgage pay $1,092 a month in housing costs.
Coldwater median household income
The median household income in Coldwater is $44,054 and the income per person is $26,370. 33.7% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Coldwater: homes for sale and rent
- Housing units
- 596
- Owner-occupied
- 61.4%
- Renter-occupied
- 38.6%
- Vacant
- 18.8%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.39
Coldwater demographics
- Population
- 1,156
- Median age
- 41
- Under 18
- 19.6%
- 65 and older
- 20.7%
- Households
- 484
- Foreign-born
- 0%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Coldwater ›
Education in Coldwater
7.3% of adults 25 and older in Coldwater have a bachelor's degree or higher (Mississippi: 25.1%), and 4.3% have a graduate or professional degree.
Jobs and commute in Coldwater
- Unemployment rate
- 5.3%State: 5.8%
- Average commute
- 24 minState: 26 min
- Work from home
- 0%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 75.2%
Coldwater vs nearby towns
More for people moving to Coldwater
Coldwater ZIP code ›Weather and climate ›Living in Coldwater: FAQ
What is the median household income in Coldwater, MS?
The median household income in Coldwater is $44,054, 22% lower than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Coldwater?
The median home value in Coldwater is $91,300, compared with $169,800 in Mississippi.
Is Coldwater, MS a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 5.3%. Minuses: median household income 22% lower than the Mississippi median; a poverty rate of 33.7%.
What is the median age in Coldwater?
The median age in Coldwater is 41 years (Mississippi: 38.6).
How long is the commute in Coldwater?
The average commute to work in Coldwater is 24 minutes; 0% of workers work from home.
What is the unemployment rate in Coldwater?
The unemployment rate in Coldwater is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Coldwater?
7.3% of adults in Coldwater 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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