On April 13, 1834 early settler James Peters purchased two sections of land from the Chickasaw Nation for the sum of $1.25 per acre. This land was later developed as the town of Senatobia. The community took its name from Senatobia Creek. Senatobia received its charter as a municipality in 1860. During the Civil War, the town's business section was burned twice by Federal troops. Tate County was organized in 1873, during the Reconstruction era. Two Academy Award-nominated films have been partially filmed in the town: The Client and The People vs. Larry Flynt.
As of the census of 2010, there were 8,165 people, 2,554 households, and 1,826 families residing in the city, up from 6,682 people, 2,137 households, and 1,498 families recorded in the census of 2000. The population density was 621.7 people per square mile. There were 2,239 housing units at an average density of 208.3 per square mile. The racial makeup of the city was 61.1% non-Hispanic White, 35.0% non-Hispanic African American, 2.4% Hispanic or Latino of any race, and 1.6% in other racial/ethnic categories. In the 2000 census, the distribution had been 68.03% White, 30.51% African American, 0.12% Native American, 0.22% Asian, 0.15% Pacific Islander, 0.24% from other races, and 0.72% from two or more races, while Hispanic or Latino of any race were 0.85% of the population. There were 2,137 households out of which 38.3% had children under the age of 18 living with them, 47.4% were married couples living together, 19.4% had a female householder with no husband present, and 29.9% were non-families. 26.6% of all households were made up of individuals and 12.5% had someone living alone who was 65 years of age or older. The average household size was 2.60 and the average family size was 3.15. In the city, the population was spread out with 24.8% under the age of 18, 20.1% from 18 to 24, 26.0% from 25 to 44, 17.1% from 45 to 64, and 11.9% who were 65 years of age or older. The median age was 29 years. For every 100 females, there were 89.1 males. For every 100 females age 18 and over, there were 85.4 males. The median income for a household in the city was $33,698, and the median income for a family was $43,088. Males had a median income of $34,022 versus $22,000 for females. The per capita income for the city was $16,434. About 13.0% of families and 17.7% of the population were below the poverty line, including 21.3% of those under age 18 and 18.5% of those age 65 or over.