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Water Valley city, MS
ZIP 38965 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Water Valley city, MS (38965)
Median Income
$57,368
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+300
Wealth inflow
Population
8,801
Unemployment
3.0%
0.7pp below US avg
IRS migration statistics show a net inflow of about 300 for ZIP 38965 (Water Valley city, MS) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 38965 (2020–Present)
Since 2020, population grew 5.0%, median income rose 5.0% (inflation-adjusted), home values increased 4.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $57,368 |
| Unemployment | 3.0% |
| Establishments | 131 |
| Employees | 1,384 |