Living in Walnut Ridge, Arkansas
Cost of living, income, home prices, rent and demographics of Walnut Ridge · Census data 2020–2024
Walnut Ridge has 5,434 residents with a median age of 38.5. The median household income is $45,027 (26% lower than the Arkansas median), the median home value is $117,900, the median rent is $739/month.
Walnut Ridge at a glance
- Population
- 5,434
- Median age
- 38.5State: 38.5
- Median household income
- $45,027State: $60,773
- Median home value
- $117,900State: $188,000
- Median rent
- $739/moState: $947
- Homeowners
- 57.3%
- Bachelor's degree or higher
- 22.9%
- Average commute
- 24 min
Is Walnut Ridge a good place to live?
Pros: Home values 37% lower than the state median.
Cons: Median household income 26% lower than the Arkansas median; an average commute of 24 minutes; unemployment of 5%; a poverty rate of 25.6%.
The weather is best in May–June and September–October.
Cost of living in Walnut Ridge
Housing is the biggest part of the cost of living. In Walnut Ridge the median home value is $117,900, 65% lower than the U.S. median. Renters pay a median of $739 per month, which is 27.7% of household income. Homeowners with a mortgage pay $1,087 a month in housing costs.
Walnut Ridge median household income
The median household income in Walnut Ridge is $45,027 and the income per person is $25,808. 25.6% of residents live below the poverty line (Arkansas: 16%).
Housing in Walnut Ridge: homes for sale and rent
- Housing units
- 2,323
- Owner-occupied
- 57.3%
- Renter-occupied
- 42.7%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.32
Walnut Ridge demographics
- Population
- 5,434
- Median age
- 38.5
- Under 18
- 20.4%
- 65 and older
- 18.8%
- Households
- 2,089
- Foreign-born
- 1.3%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Walnut Ridge ›
Education in Walnut Ridge
22.9% of adults 25 and older in Walnut Ridge have a bachelor's degree or higher (Arkansas: 25.7%), and 9.7% have a graduate or professional degree.
Jobs and commute in Walnut Ridge
- Unemployment rate
- 5%State: 4.9%
- Average commute
- 24 minState: 23 min
- Work from home
- 0.9%
- Drive alone
- 86.7%
- Public transit
- 0.8%
- Walk to work
- 1.2%
- Homes with broadband
- 90.3%
Walnut Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Walnut Ridge | 5,434 | $45,027 | $117,900 | $739 |
| Hoxie | 2,618 | $35,268 | $87,600 | $722 |
| Portia | 453 | $58,750 | $85,000 | $475 |
| Sedgwick | 165 | $39,028 | $62,500 | — |
| Black Rock | 853 | $52,019 | $68,700 | $855 |
| Powhatan | 173 | $63,409 | $115,600 | — |
| Pocahontas | 7,538 | $44,216 | $120,000 | $768 |
| Bono | 2,657 | $56,098 | $162,100 | $917 |
| Imboden | 621 | $31,625 | $104,900 | $544 |
More for people moving to Walnut Ridge
Walnut Ridge ZIP code ›Weather and climate ›Living in Walnut Ridge: FAQ
What is the median household income in Walnut Ridge, AR?
The median household income in Walnut Ridge is $45,027, 26% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Walnut Ridge?
The median home value in Walnut Ridge is $117,900, compared with $188,000 in Arkansas.
How much is rent in Walnut Ridge?
The median gross rent in Walnut Ridge is $739 per month, about 27.7% of household income.
Is Walnut Ridge, AR a good place to live?
Pluses: home values 37% lower than the state median. Minuses: median household income 26% lower than the Arkansas median; an average commute of 24 minutes; unemployment of 5%; a poverty rate of 25.6%.
What is the median age in Walnut Ridge?
The median age in Walnut Ridge is 38.5 years (Arkansas: 38.5).
How long is the commute in Walnut Ridge?
The average commute to work in Walnut Ridge is 24 minutes; 0.9% of workers work from home.
What is the unemployment rate in Walnut Ridge?
The unemployment rate in Walnut Ridge is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Walnut Ridge?
22.9% of adults in Walnut Ridge have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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