Waterford is an unincorporated community located in Marshall County, Mississippi, United States. It is a small town located between Holly Springs and Oxford on Highway 7. The city once had several small stores, shops and a cotton mill. Currently there is only one store. The city is also the home of Wall Doxey State Park and is also a part of the Mississippi National Forest.
Waterford is a rural farming community. Its population according to U.S. Beacon in 2000 was 84.