Deepwater is a city in Henry County, Missouri, United States.

There were 240 housing units at an average density of 282.4 per square mile (109.0/km2).

The racial makeup of the city was 98.8% White, 0.5% Native American, and 0.7% from two or more races.

25.0% of all households were made up of individuals, and 11.7% had someone living alone who was 65 years of age or older.

There were 248 housing units at an average density of 290.5 per square mile (112.2/km2).

27.4% of all households were made up of individuals, and 13.7% had someone living alone who was 65 years of age or older.