Everything You Should Know Before Moving to Coldwater, MS
Considering a move to Coldwater, MS? This welcoming town of 1,420 offers affordable living, with median home prices around $107,000 and average rents at $800. Residents enjoy a mild climate with 62% sunny days, and a relaxed pace with average commutes of 28 minutes. While the cost of living is low and the community is close-knit, be aware of slightly higher property crime rates and a modest educational attainment. Local schools, easy access to nearby healthcare, and small-town charm make Coldwater a practical option for those seeking value and a slower lifestyle.
Demographics - Coldwater, MS
Demographics - Coldwater, MS
Coldwater is a small town of 1,420 residents with a predominantly Black community making up 70% of the population and a median age of 34.8 years. The area has a moderate population density and a slight female majority, contributing to a family-oriented, close-knit atmosphere. Non-English speakers make up a small portion of the population, reflecting a largely English-speaking community.
Population:
1,420
Density:
770 per sq mi
Median Age:
34.8
Gender Ratio:
89 males per 100 females
Non-English Speakers Percentage:
2.4%

Ethnic Composition
White:
28.0%
Black:
70.0%
Asian:
0.2%
Others:
1.8%
Cost Of Living
What is the average cost of living in Coldwater, MS?
Living in Coldwater is notably affordable, with a cost of living index well below the national average at 80.2. Median home values are around $107,000 and typical rents average $800, making housing accessible for most budgets. Utilities and groceries are also reasonably priced, helping residents enjoy a comfortable lifestyle without high expenses.
Median House Value:
$107,000
Gross Rent:
$800
Monthly Electricity Charges:
$130
Auto Insurance:
$1,080
House Owner Cost With Mortgage:
$1,020
House Owner Cost Without Mortgage:
$320
State Taxes:
Low:
3.0%
|
High:
5.0%
Cost Of Living Index:
80.2
Grocery:
92.1
Housing:
54.7
Utilities:
98.5
Transportation:
89.6
Health Care:
86.4
Miscellaneous:
81.2
Crime
Is Coldwater, MS a safe place to live?
Coldwater experiences a moderate crime rate, with property crime being more common than violent crime; the chance of experiencing property crime is about 1 in 48. While the violent crime rate is lower, at around 320 incidents per 100,000 residents, it's wise for newcomers to stay aware and take standard safety precautions. The overall crime index suggests a need for caution, especially regarding property security.
Violent Crimes Per 100k:
320
Property Crimes Per 100k:
2,100
Crime Index:
2,420
Chance Of Violent Crime:
1 in 312
Chance Of Property Crime:
1 in 48
Weather
What is the weather like in Coldwater, MS year-round?
Residents of Coldwater enjoy mild winters with lows in the 30s and warm summers that reach into the low 90s. The area receives an annual average of 56.5 inches of rainfall and sees sunshine about 62% of the year, offering a pleasant climate for outdoor activities. Seasonal changes are noticeable but generally moderate, making the weather comfortable year-round.

Winter
Min:
33°F
Max:
52°F

Spring
Min:
51°F
Max:
74°F

Summer
Min:
69°F
Max:
91°F

Fall
Min:
53°F
Max:
75°F
Average Rainfall Inches:
56.5 inches
Sunny Days Percentage:
62%
Neighbors
Households in Coldwater have a median income of $33,600, with a notable 28.2% of residents living below the poverty line. Most adults have completed high school, though college attainment is lower at just over 12%. The community maintains a modest unemployment rate and long average commute times, reflecting the rural character and work opportunities in the region.
Median Income:
$33,600
Household Income:
$39,700
Family Income:
$41,800
Per Capita Income:
$18,200
Income Male:
$32,100
Income Female:
$28,000
Poverty Rate:
28.2%
Non English Speakers:
2.4%
Rent:
$800
Unemployment Rate:
5.6%
Public Transport Usage:
0.3%
Commute Time:
28.2 minutes

Education
High School or Higher:
79.2%
Bachelors or More:
12.1%
Education
How are the schools in Coldwater, MS?
Coldwater is served by local public schools with favorable student-teacher ratios, and families have access to higher education just 7 miles away at Northwest Mississippi Community College. While private school options are limited, the town supports foundational education for its youth. Educational attainment in the community is solid at the high school level, though fewer residents hold college degrees.

Public Schools
Name:
Coldwater Elementary School
Street:
671 West Street
Phone:
662-622-5511
Students:
320
Student Teacher Ratio:
15.1
Name:
Coldwater High School
Street:
671 West Street
Phone:
662-622-5510
Students:
280
Student Teacher Ratio:
13.8

Colleges
Name:
Northwest Mississippi Community College
City:
Senatobia
State:
MS
Distance:
7 miles
Students:
7,100
Healthcare
Coldwater residents have reliable access to healthcare, with major hospitals like Methodist Olive Branch Hospital and Baptist Memorial Hospital-DeSoto nearby. The town has 1.6 physicians per 1,000 people and over 85% of residents have health insurance coverage. Healthcare services are rated moderately, ensuring essential care is available to the community.

Major Hospitals
Name:
Methodist Olive Branch Hospital
Address:
4250 Bethel Rd, Olive Branch, MS 38654
Phone:
(662) 932-9000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Baptist Memorial Hospital-DeSoto
Address:
7601 Southcrest Pkwy, Southaven, MS 38671
Phone:
(662) 772-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
85.7%
Health Care Index:
67.4
Housing Market
What is the housing market like in Coldwater, MS?
The housing market in Coldwater is affordable, with a median home price of $107,000 and average rent for a two-bedroom at $800. Over half of residents own their homes, and the area has a relatively high rental vacancy rate, providing options for both buyers and renters. Home values have appreciated modestly in recent years, making Coldwater an accessible place to settle.
Median Home Price:
$107,000
Average Rent For 2 Bedroom:
$800
Owner Occupied Rate:
56.8%
Rental Vacancy Rate:
11.2%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.8%
Foreclosure Rate:
0.9%
DMV Information
Residents of Coldwater handle licensing and vehicle registration through the Mississippi Department of Public Safety’s Driver Service Bureau. The main office is located in Jackson, with accessible online services and statewide support. This ensures residents can conveniently manage their driving and vehicle needs.
State:
Mississippi
Department:
Mississippi Department of Public Safety - Driver Service Bureau
Address:
1900 East Woodrow Wilson Dr, Jackson, MS 39216
Phone:
1-601-987-1212
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.