Way is located on the Grenada Railroad.[2] A post office operated under the name Way's Bluff from 1858 to 1895 and under the name Way from 1895 to 1968.[3]
The Allison's Wells Hotel—described as a stately structure with a large ballroom—was located in Way. In 1948, the Mississippi Art Colony was organized at the hotel. The hotel was destroyed by fire in 1963.[5][6]
Camp Bratton-Green and the Gray Center, both part of the Episcopal diocese, are located in Way, Mississippi.