38685 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Marshall County
Centroid: Latitude 34.641, Longitude -89.47
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38685 has segments in 2 Counties (Lafayette, Marshall).

Businesses Addresses: 16
PO Box Addresses: 34
Residential Addresses: 577

Multi-Family Addresses: 0
Single Family Addresses: 577

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Waterford, MS 38685 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,288 (100%)
Population in Households	1,288 (100.0%)
Population in Families	973 (75.5%)
Population in Group Quarters¹	0
Population Density	17
Diversity Index²	51


INCOME
Median Household Income	$43,446
Average Household Income	$82,132
% of Income for Mortgage⁴	32%
Per Capita Income	$34,880
Wealth Index⁵	84
Socioeconomic Status Index⁶	Moderate (50.0)

HOUSING
Total HU (Housing Units)	620 (100%)
Owner Occupied HU	476 (76.8%)
Renter Occupied HU	71 (11.5%)
Vacant Housing Units	73 (11.8%)
Median Home Value	$221,538
Average Home Value	$282,143
Housing Affordability Index³	81

HOUSEHOLDS
Total Households	547
Average Household Size	2.35
Family Households	353
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Waterford, MS 38685 - Peer Comparisons by Rank and Percentile

The table below compares 38685 to the other 398 ZIP Codes in Mississippi by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.37%	0.15%
Households	1.15%	0.72%
Families		0.78%
Median Household Income		2.97%
Per Capita Income		4.25%
Owner Occupied HU		1.11%

Variable Description	Rank	Percentile
Total Population	# 300	25th
Population Density	# 301	25th
Median Household Income	# 264	34th
Housing Affordability Index	# 34	9th
Per Capita Income	# 62	85th
Diversity Index	# 174	57th

38685 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38685: Basic Data & USPS Preferred City Name

Waterford, MS 38685 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waterford, MS 38685 - Peer Comparisons by Rank and Percentile

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