Living in Walnut Grove, Missouri

Cost of living, income, home prices, rent and demographics of Walnut Grove · Census data 2020–2024

Walnut Grove has 528 residents with a median age of 47.3. The median household income is $55,500 (22% lower than the Missouri median), the median home value is $139,000, the median rent is $807/month.

Walnut Grove is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Walnut Grove at a glance

Population
528
Median age
47.3State: 39
Median household income
$55,500State: $70,702
Median home value
$139,000State: $230,300
Median rent
$807/moState: $1,033
Homeowners
79.1%
Bachelor's degree or higher
9.5%
Average commute
38 min

Is Walnut Grove a good place to live?

Pros: Home values 40% lower than the state median; unemployment of 1.3%; a poverty rate of 9.7%.

Cons: Median household income 22% lower than the Missouri median; an average commute of 38 minutes.

The weather is best in April–May and September–October.

Cost of living in Walnut Grove

Housing is the biggest part of the cost of living. In Walnut Grove the median home value is $139,000, 58% lower than the U.S. median. Renters pay a median of $807 per month, which is 23.4% of household income. Homeowners with a mortgage pay $1,139 a month in housing costs.

Median home value

Walnut Grove$139,000
Missouri$230,300
United States$332,700

Median monthly rent

Walnut Grove$807
Missouri$1,033
United States$1,413

Walnut Grove median household income

The median household income in Walnut Grove is $55,500 and the income per person is $29,347. 9.7% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Walnut Grove$55,500
Missouri$70,702
United States$80,734

Housing in Walnut Grove: homes for sale and rent

Housing units
266
Owner-occupied
79.1%
Renter-occupied
20.9%
Vacant
8.3%Includes seasonal homes
Median year built
1967
Average household size
2.16

Walnut Grove demographics

Population
528
Median age
47.3
Under 18
19.5%
65 and older
24.2%
Households
244
Foreign-born
0%
Veterans
6.4%Adults 18+

Race and ethnicity

White94.3%
Hispanic or Latino5.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Walnut Grove ›

Education in Walnut Grove

9.5% of adults 25 and older in Walnut Grove have a bachelor's degree or higher (Missouri: 32.4%), and 0.5% have a graduate or professional degree.

Bachelor's degree or higher

Walnut Grove9.5%
Missouri32.4%
United States35.7%

Jobs and commute in Walnut Grove

Unemployment rate
1.3%State: 4%
Average commute
38 minState: 24 min
Work from home
16.2%
Drive alone
56.5%
Public transit
0%
Walk to work
0%
Homes with broadband
87.3%

Walnut Grove vs nearby towns

TownPopulationMedian incomeHome valueRent
Walnut Grove528$55,500$139,000$807
Ash Grove1,333$58,250$141,800$770
Morrisville595$60,625$151,300$843
Dadeville234$85,000$137,500$600
Everton223$37,667$69,500$738
Willard6,488$84,600$212,900$984
Bolivar11,170$49,622$201,600$812
Fair Play595$40,781$105,600$938
Pleasant Hope716$65,078$155,600$950

More for people moving to Walnut Grove

Walnut Grove ZIP code ›Weather and climate ›

Living in Walnut Grove: FAQ

What is the median household income in Walnut Grove, MO?

The median household income in Walnut Grove is $55,500, 22% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Walnut Grove?

The median home value in Walnut Grove is $139,000, compared with $230,300 in Missouri.

How much is rent in Walnut Grove?

The median gross rent in Walnut Grove is $807 per month, about 23.4% of household income.

Is Walnut Grove, MO a good place to live?

Pluses: home values 40% lower than the state median; unemployment of 1.3%; a poverty rate of 9.7%. Minuses: median household income 22% lower than the Missouri median; an average commute of 38 minutes.

What is the median age in Walnut Grove?

The median age in Walnut Grove is 47.3 years (Missouri: 39).

How long is the commute in Walnut Grove?

The average commute to work in Walnut Grove is 38 minutes; 16.2% of workers work from home.

What is the unemployment rate in Walnut Grove?

The unemployment rate in Walnut Grove is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Walnut Grove?

9.5% of adults in Walnut Grove 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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