Living in Walnut, Mississippi
Cost of living, income, home prices, rent and demographics of Walnut · Census data 2020–2024
Walnut has 699 residents with a median age of 29. The median household income is $27,159 (52% lower than the Mississippi median), the median home value is $97,000, the median rent is $512/month.
Walnut is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Walnut at a glance
- Population
- 699
- Median age
- 29State: 38.6
- Median household income
- $27,159State: $56,447
- Median home value
- $97,000State: $169,800
- Median rent
- $512/moState: $954
- Homeowners
- 52%
- Bachelor's degree or higher
- 8.3%
- Average commute
- 21 min
Is Walnut a good place to live?
Pros: Home values 43% lower than the state median; an average commute of 21 minutes; unemployment of 5.3%.
Cons: Median household income 52% lower than the Mississippi median; a poverty rate of 28.7%.
The weather is best in April–May and September–October.
Cost of living in Walnut
Housing is the biggest part of the cost of living. In Walnut the median home value is $97,000, 71% lower than the U.S. median. Renters pay a median of $512 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,073 a month in housing costs.
Walnut median household income
The median household income in Walnut is $27,159 and the income per person is $19,259. 28.7% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Walnut: homes for sale and rent
- Housing units
- 323
- Owner-occupied
- 52%
- Renter-occupied
- 48%
- Vacant
- 13.6%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.51
Walnut demographics
- Population
- 699
- Median age
- 29
- Under 18
- 33.6%
- 65 and older
- 12.6%
- Households
- 279
- Foreign-born
- 0.7%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Walnut ›
Education in Walnut
8.3% of adults 25 and older in Walnut have a bachelor's degree or higher (Mississippi: 25.1%), and 2% have a graduate or professional degree.
Jobs and commute in Walnut
- Unemployment rate
- 5.3%State: 5.8%
- Average commute
- 21 minState: 26 min
- Work from home
- 0%
- Drive alone
- 81.6%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 76%
Walnut vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Walnut | 699 | $27,159 | $97,000 | $512 |
| Falkner | 760 | $58,472 | $100,400 | $825 |
| Essary Springs | 154 | $39,805 | $205,500 | — |
| Middleton | 743 | $36,250 | $122,100 | $754 |
| Saulsbury | 304 | $46,346 | $103,400 | $679 |
| Ripley | 5,377 | $55,444 | $117,200 | $735 |
| Ashland | 657 | $38,482 | $98,800 | $713 |
| Grand Junction | 435 | $62,083 | $130,000 | $829 |
| Kossuth | 223 | $104,659 | $207,500 | $1,000 |
More for people moving to Walnut
Walnut ZIP code ›Weather and climate ›Living in Walnut: FAQ
What is the median household income in Walnut, MS?
The median household income in Walnut is $27,159, 52% lower than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Walnut?
The median home value in Walnut is $97,000, compared with $169,800 in Mississippi.
How much is rent in Walnut?
The median gross rent in Walnut is $512 per month, about 27.8% of household income.
Is Walnut, MS a good place to live?
Pluses: home values 43% lower than the state median; an average commute of 21 minutes; unemployment of 5.3%. Minuses: median household income 52% lower than the Mississippi median; a poverty rate of 28.7%.
What is the median age in Walnut?
The median age in Walnut is 29 years (Mississippi: 38.6).
How long is the commute in Walnut?
The average commute to work in Walnut is 21 minutes; 0% of workers work from home.
What is the unemployment rate in Walnut?
The unemployment rate in Walnut is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Walnut?
8.3% of adults in Walnut 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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