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Walnut, Iowa

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
1,342
Population
$62,500
Median Income
$115,900
Home Value
67.3
Median Age

Demographics

Walnut has a population of 1,342 with a median age of 67.3. Here is the racial and ethnic breakdown of the population:

White
95.5%
Hispanic
3.4%
Black
0.7%
Demographic Value
Total Population1,342
Median Age67.3
White95.5%
Black or African American0.7%
Hispanic or Latino3.4%
Walnut, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.9%Hispanic/Latino: 3.4%Other: 0.7%1,342PopulationWhiteWhite95.9%Hispanic/LatinoHispanic/Latino3.4%OtherOther0.7%

Income & Economy

The median household income in Walnut is $62,500, which is 22.5% below the national median of $80,610. The per capita income is $29,692. The poverty rate is 12.4%.

$62,500
Median Household Income
$29,692
Per Capita Income
12.4%
Poverty Rate

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Education

In Walnut, 88.7% of residents age 25+ have a high school diploma or higher, and 14.1% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).

HS Diploma+
88.7%
Bachelor's+
14.1%
Graduate+
4.6%
Education Level % of Adults (25+)
High School Diploma or Higher88.7%
Bachelor's Degree or Higher14.1%
Graduate or Professional Degree4.6%

Housing

The median home value in Walnut is $115,900, below the national median of $303,400. The median monthly rent is $874. The homeownership rate is 72.3%.

$115,900
Median Home Value
$874/mo
Median Rent
72.3%
Homeownership Rate
Housing Metric Value
Median Home Value$115,900
Median Monthly Rent$874
Homeownership Rate72.3%
Vacancy Rate14.0%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Walnut, Iowa?
The population of Walnut, Iowa is 1,342 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Walnut, Iowa?
The median household income in Walnut, Iowa is $62,500. This is 22.5% below the national median of $80,610.
What is the median home value in Walnut, Iowa?
The median home value in Walnut, Iowa is $115,900. The median monthly rent is $874.
What percentage of people in Walnut have a college degree?
In Walnut, Iowa, 14.1% of adults age 25 and older hold a bachelor's degree or higher, and 88.7% have a high school diploma or higher.
Is Walnut, Iowa an affordable place to live?
The home price-to-income ratio in Walnut, Iowa is 1.9x (median home value $115,900 vs. median income $62,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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