ZIP code 38965: Water Valley, MS
38965 is a ZIP code in Water Valley, Mississippi, mainly in Yalobusha County, part of the Oxford, MS micro area. About 8,963 people live here.
- Population
- 8,963
- Median household income
- $58,258
- Typical home value
- $189,300+2.6% in 12 months
- Median rent
- $645gross, per month
- Median age
- 39.5
- Homeowners
- 72.9%of occupied homes
Shaded: ZIP code 38965's area. Click anywhere on the map to see which ZIP code it's in.
ZIP codes within 10 milesWithin 25 miles
ZIP code 38965 details
| City | Water Valley |
|---|---|
| State | Mississippi |
| County | Yalobusha County (also partly Lafayette County, Calhoun County, Panola County) |
| Metro area | Oxford, MS |
| Time zone | Central Time (UTC−6), observes daylight saving time |
| Type | Standard (delivery area) |
| Land area | 251.6 sq mi, plus 9 sq mi of water |
| Population density | 36 people per sq mi |
| Bachelor's degree or higher | 19.6% of adults 25+ |
| Average commute | 28.2 minutes |
| Center coordinates | 34.13499, -89.59092 |
Median rent in 38965 by bedrooms
| Size | Median gross rent |
|---|---|
| 1 bedroom | $341/mo |
| 2 bedrooms | $671/mo |
| 3 bedrooms | $896/mo |
Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.
ZIP codes near 38965
| ZIP code | City | Distance | Population |
|---|---|---|---|
| 38949 | Paris, MS | 9.8 mi | 287 |
| 38673 | Taylor, MS | 11.2 mi | 1,056 |
| 38913 | Banner, MS | 11.8 mi | 509 |
| 38915 | Bruce, MS | 13.4 mi | 3,402 |
| 38922 | Coffeeville, MS | 14.4 mi | 3,296 |
| 38655 | Oxford, MS | 14.7 mi | 46,156 |
| 38677 | University, MS | 16.0 mi | 5,395 |
| 38675 | Tula, MS | 16.6 mi | — |
Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology
Buying a home in 38965?
A typical home in ZIP code 38965 is worth about $189,300 (Zillow Home Value Index). The median household here earns $58,258 a year. See what buying here would cost per month, with Mississippi average taxes and insurance filled in.
Monthly payment for a $189,300 homeWhat can a $58,258 income afford?Rental property numbers
About ZIP code 38965
What city is ZIP code 38965?
ZIP code 38965 is in Water Valley, MS, in Yalobusha County.
What county is ZIP code 38965 in?
38965 is mainly in Yalobusha County, Mississippi, and partly in Lafayette County, Calhoun County and Panola County.
What is the population of ZIP code 38965?
About 8,963 people live in ZIP code 38965, according to the American Community Survey 2020–2024 5-year estimates.
What time zone is ZIP code 38965 in?
38965 is in Central Time (UTC−6). It observes daylight saving time.