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Walnut Cove, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,115
Population
$44,815
Median Income
$217,300
Home Value
40.6
Median Age

Demographics

Walnut Cove has a population of 2,115 with a median age of 40.6. Here is the racial and ethnic breakdown of the population:

White
63.0%
Black
28.5%
Other
5.8%
Hispanic
2.7%
Demographic Value
Total Population2,115
Median Age40.6
White63.0%
Black or African American28.5%
Hispanic or Latino2.7%
Other / Two or More Races5.8%
Walnut Cove, North Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 63.0%Black: 28.5%Other: 5.8%Hispanic/Latino: 2.7%2,115PopulationWhiteWhite63.0%BlackBlack28.5%OtherOther5.8%Hispanic/LatinoHispanic/Latino2.7%

Income & Economy

The median household income in Walnut Cove is $44,815, which is 44.4% below the national median of $80,610. The per capita income is $24,881. The poverty rate is 18.4%.

$44,815
Median Household Income
$24,881
Per Capita Income
18.4%
Poverty Rate

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Education

In Walnut Cove, 93.5% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (7.4% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
22.7%
Graduate+
7.4%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree7.4%

Housing

The median home value in Walnut Cove is $217,300, below the national median of $303,400. The median monthly rent is $674. The homeownership rate is 54.7%.

$217,300
Median Home Value
$674/mo
Median Rent
54.7%
Homeownership Rate
Housing Metric Value
Median Home Value$217,300
Median Monthly Rent$674
Homeownership Rate54.7%
Vacancy Rate8.0%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Walnut Cove, North Carolina?
The population of Walnut Cove, North Carolina is 2,115 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Walnut Cove, North Carolina?
The median household income in Walnut Cove, North Carolina is $44,815. This is 44.4% below the national median of $80,610.
What is the median home value in Walnut Cove, North Carolina?
The median home value in Walnut Cove, North Carolina is $217,300. The median monthly rent is $674.
What percentage of people in Walnut Cove have a college degree?
In Walnut Cove, North Carolina, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Walnut Cove, North Carolina an affordable place to live?
The home price-to-income ratio in Walnut Cove, North Carolina is 4.8x (median home value $217,300 vs. median income $44,815), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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