Get API Key →
US ZIP Code Profile

ZIP Code 38965
Water Valley, Mississippi

ZIP code 38965 is in Water Valley, located in Yalobusha County, Mississippi. Its 2020 Census population was 9,219. The estimated median adjusted gross income per tax return is $39,762, and about 2% of filers report $200,000 or more.

2020 Population
9,219
Census ZCTA
County
Yalobusha
FIPS 28161
Median income (est.)
$39,762
IRS SOI 2022
Land Area
245.607 mi²
+ 7.126 mi² water

01Location & Geography

Authoritative geographic identifiers from the U.S. Census Bureau, ANSI, and FIPS standards.

Primary CityWater Valley, MS
CountyYalobusha County (FIPS 28161)
StateMississippi (FIPS 28)
Census Region / DivisionSouth Region · East South Central Division
Coordinates34.135548, -89.601746
Land / Water Area245.607 mi² land · 7.126 mi² water

02Income & Economics

Distribution of the 3,840 individual tax returns filed in 38965 by adjusted gross income bracket (IRS SOI, 2022).

< $25K
33.9%
$25K–$50K
27.3%
$50K–$75K
15.1%
$75K–$100K
10.2%
$100K–$200K
11.2%
$200K+
2.3%
The $200,000+ bracket accounts for 13% of 38965's total adjusted gross income, from 2% of returns — a concentration that drives the gap between the median ($39,762) and the average.
Estimated median = median adjusted gross income per tax return, interpolated from IRS SOI brackets. Differs from U.S. Census household income.

03Income Over Time

Year-over-year change in 38965's IRS income metrics, 2020–2022.

Median income (2021→2022)
$39,762
▲ 13.4%
Filers earning $200K+
2.3%
▲ 0.3 pt
Total filers
3,840
▼ 1.3%
GET /zipc/v2/zipcodes/38965/soi?year=… $32K 2020 $35K 2021 $40K 2022
Median = adjusted gross income per return, interpolated from IRS SOI brackets. Figures are nominal (not inflation-adjusted).

04Population Trend

Decennial U.S. Census population for the 38965 ZCTA.

2000
8,797
 
2010
9,135
▲ +3.8%
2020
9,219
▲ +0.9%

05USPS Postal Details

Delivery and facility attributes from the monthly USPS dataset.

ZIP ClassificationNon-Unique Zip
Facility TypePost Office
Carrier Route SortC
USPS Finance Number278905
City AliasesPine Flat, Pine Valley, Springdale, Velma, Water Valley

06Frequently Asked Questions

What county is ZIP code 38965 in?

ZIP code 38965 is in Yalobusha County, Mississippi (county FIPS code 28161).

What city is ZIP code 38965?

The primary USPS city for 38965 is Water Valley, MS.

What is the population of ZIP code 38965?

The 2020 Census population of 38965 was 9,219 residents.

What is the median income in ZIP code 38965?

Based on IRS Statistics of Income data, the estimated median adjusted gross income per tax return in 38965 is about $39,762, with around 2% of filers reporting $200,000 or more. Note that adjusted gross income is a tax measure and differs from U.S. Census household income.