Water Valley, MS 38965

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1750 3030 $11,438 $1,383
(3.43% of returns)
$2,037
(4.57% of returns)
$4,075
$25,000 to $50,000 1030 2060 $29,372 $1,550
(5.83% of returns)
$6,244
(17.48% of returns)
$4,355
$50,000 to $75,000 500 1080 $41,130 $2,000
(14% of returns)
$15,028
(28% of returns)
$4,700
$75,000 to $100,000 290 750 $49,590 $3,320
(17.24% of returns)
$20,025
(27.59% of returns)
$4,812
$100,000 to $200,000 290 770 $70,872 $6,944
(31.03% of returns)
$25,150
(34.48% of returns)
$6,076
Over $200,000 40 120 $152,275 $13,000
(50% of returns)
$0
(0% of returns)
$7,533
For Zip 3900 7810 $32,405

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Income Tax Rates

Rate Minimum Income Maximum Income
0.03 0 5000
0.04 5000 10000
0.05 10000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0065 40

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.07 0.0007 0.0707 22