Living in Walnut Springs, Texas
Cost of living, income, home prices, rent and demographics of Walnut Springs · Census data 2020–2024
Walnut Springs has 787 residents with a median age of 34.3. The median household income is $31,667 (60% lower than the Texas median), the median home value is $81,700, the median rent is $1,038/month.
Walnut Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Walnut Springs at a glance
- Population
- 787
- Median age
- 34.3State: 35.6
- Median household income
- $31,667State: $78,476
- Median home value
- $81,700State: $283,800
- Median rent
- $1,038/moState: $1,403
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 5.1%
- Average commute
- 27 min
Is Walnut Springs a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 27 minutes; unemployment of 2.9%.
Cons: Median household income 60% lower than the Texas median; a poverty rate of 18.9%.
The weather is best in March to May and October.
Cost of living in Walnut Springs
Housing is the biggest part of the cost of living. In Walnut Springs the median home value is $81,700, 75% lower than the U.S. median. Renters pay a median of $1,038 per month, which is 36.9% of household income. Homeowners with a mortgage pay $1,306 a month in housing costs.
Walnut Springs median household income
The median household income in Walnut Springs is $31,667 and the income per person is $22,158. 18.9% of residents live below the poverty line (Texas: 13.8%).
Housing in Walnut Springs: homes for sale and rent
- Housing units
- 398
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 19.6%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.46
Walnut Springs demographics
- Population
- 787
- Median age
- 34.3
- Under 18
- 23.1%
- 65 and older
- 16%
- Households
- 320
- Foreign-born
- 16%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Walnut Springs ›
Education in Walnut Springs
5.1% of adults 25 and older in Walnut Springs have a bachelor's degree or higher (Texas: 33.8%), and 1% have a graduate or professional degree.
Jobs and commute in Walnut Springs
- Unemployment rate
- 2.9%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 6.6%
- Drive alone
- 79.8%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 73.4%
Walnut Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Walnut Springs | 787 | $31,667 | $81,700 | $1,038 |
| Iredell | 294 | $54,250 | $68,600 | $1,214 |
| Morgan | 525 | $52,500 | $81,800 | $930 |
| Meridian | 1,638 | $65,625 | $116,700 | $738 |
| Glen Rose | 2,836 | $74,722 | $261,000 | $757 |
| Kopperl | 123 | $105,000 | $97,100 | — |
| Hico | 1,771 | $67,500 | $176,700 | $767 |
| Cranfills Gap | 305 | $60,833 | $102,100 | $900 |
| Clifton | 3,503 | $64,653 | $160,000 | $1,055 |
More for people moving to Walnut Springs
Walnut Springs ZIP code ›Weather and climate ›Living in Walnut Springs: FAQ
What is the median household income in Walnut Springs, TX?
The median household income in Walnut Springs is $31,667, 60% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Walnut Springs?
The median home value in Walnut Springs is $81,700, compared with $283,800 in Texas.
How much is rent in Walnut Springs?
The median gross rent in Walnut Springs is $1,038 per month, about 36.9% of household income.
Is Walnut Springs, TX a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 27 minutes; unemployment of 2.9%. Minuses: median household income 60% lower than the Texas median; a poverty rate of 18.9%.
What is the median age in Walnut Springs?
The median age in Walnut Springs is 34.3 years (Texas: 35.6).
How long is the commute in Walnut Springs?
The average commute to work in Walnut Springs is 27 minutes; 6.6% of workers work from home.
What is the unemployment rate in Walnut Springs?
The unemployment rate in Walnut Springs is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Walnut Springs?
5.1% of adults in Walnut Springs 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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