Living in Walnut Grove, Tennessee

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

Walnut Grove has 403 residents with a median age of 26.4. The median household income is $26,000 (63% lower than the Tennessee median), the median home value is $86,800.

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
403
Median age
26.4State: 38.9
Median household income
$26,000State: $69,595
Median home value
$86,800State: $286,700
Homeowners
80%
Bachelor's degree or higher
19.5%

Is Walnut Grove a good place to live?

Pros: Home values 70% lower than the state median.

Cons: Median household income 63% lower than the Tennessee median; a poverty rate of 40.9%.

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 $86,800, 74% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Walnut Grove$86,800
Tennessee$286,700
United States$332,700

Median monthly rent

Tennessee$1,189
United States$1,413

Walnut Grove median household income

The median household income in Walnut Grove is $26,000 and the income per person is $12,339. 40.9% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Walnut Grove$26,000
Tennessee$69,595
United States$80,734

Housing in Walnut Grove: homes for sale and rent

Housing units
183
Owner-occupied
80%
Renter-occupied
20%
Vacant
18%Includes seasonal homes
Median year built
1992
Average household size
2.69

Walnut Grove demographics

Population
403
Median age
26.4
Under 18
38.2%
65 and older
4.7%
Households
150
Foreign-born
3.7%
Veterans
4.8%Adults 18+

Race and ethnicity

White87.8%
Hispanic or Latino9.9%
Black0%
Asian0%

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

Education in Walnut Grove

19.5% of adults 25 and older in Walnut Grove have a bachelor's degree or higher (Tennessee: 31.1%), and 2.9% have a graduate or professional degree.

Bachelor's degree or higher

Walnut Grove19.5%
Tennessee31.1%
United States35.7%

Jobs and commute in Walnut Grove

Unemployment rate
0%State: 4.7%
Average commute
—State: 26 min
Work from home
0%
Drive alone
91.7%
Public transit
0%
Walk to work
0%
Homes with broadband
87.3%

Walnut Grove vs nearby towns

TownPopulationMedian incomeHome valueRent
Walnut Grove403$26,000$86,800—
Counce276$54,565$159,200—
Olivet1,377$66,635$159,800$777
Savannah7,412$39,712$160,200$758
Shiloh130$46,224$75,600—
Iuka3,110$49,290$124,700$664
Crump1,231$43,750$151,500$881
Collinwood996$54,286$131,000$521
Michie558$60,714$166,500$596

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, TN?

The median household income in Walnut Grove is $26,000, 63% lower than the Tennessee median of $69,595 (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 $86,800, compared with $286,700 in Tennessee.

Is Walnut Grove, TN a good place to live?

Pluses: home values 70% lower than the state median. Minuses: median household income 63% lower than the Tennessee median; a poverty rate of 40.9%.

What is the median age in Walnut Grove?

The median age in Walnut Grove is 26.4 years (Tennessee: 38.9).

What is the unemployment rate in Walnut Grove?

The unemployment rate in Walnut Grove is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Walnut Grove?

19.5% 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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