Walnut, MS demographics:
population, income, and more

Total population
699
10.4% year-over-year change
Median household income
$27,159/yr
-0.9% year-over-year change
Housing units
323
0.6% year-over-year change

Walnut population

How many people live in Walnut

Walnut is home to 699 residents, according to the most recent Census data. Gender-wise, 50.1% of Walnut locals are male, and 49.9% are female.

Total population
699
10.4% year-over-year change
Gender ratio
Male
50.1%
350
Female
49.9%
349
Value Percent YoY change
Male 350 50.1% 12.5%
Female 349 49.9% 8.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Walnut is 29, with the population distributed as follows: about 32.2% are children under 15, then 11% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.5% of the population, while another 23.8% fall into the 45 to 64 bracket. Finally, around 12.6% are 65 or older.

Median age
29
Age breakdown
Under 15
32.2%
15 to 24
11%
25 to 44
20.5%
45 to 64
23.8%
Over 65
12.6%
Value Percent YoY change
Under 15 225 32.2% 30.1%
15 to 24 77 11% -13.5%
25 to 44 143 20.5% 34.9%
45 to 64 166 23.8% 3.1%
Over 65 88 12.6% -15.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 0.7% of residents are non-citizens. There’s also a share of 9.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.3%
Non-U.S.-born citizens
0%
Non-citizens
0.7%
Value Percent YoY change
U.S.-born citizens 694 99.3% 10.5%
Non-citizens 5 0.7% 0.0%
Racial breakdown
White
75.2%
Black or African American
14.9%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
9.2%
Other
0.7%
Value Percent
White 526 75.2%
Black or African American 104 14.9%
Two or more races 64 9.2%
Other 5 0.7%

Households in Walnut

A peek inside Walnut households

Walnut has 279 households, with an average of 3 members in each. Of these, 52% are families, while the remaining 48% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
279
11.2% year-over-year change
Average people per household
3
Non-family households
134
Family households
145
Value Percent YoY change
Non-family households 134 48% 14.5%
Family households 145 52% 8.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Walnut

The housing landscape of Walnut

Walnut's housing consists of 323 units, with 73.7% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.3% of the housing landscape.

Housing units
323
0.6% year-over-year change
Housing types
Value Percent
1 unit, detached 238 73.7%
2 units 48 14.9%
3 or 4 units 23 7.1%
Mobile home 14 4.3%
Homes built since 2020
0
% year-over-year change

The age of buildings in Walnut

In Walnut, the median construction year is 1974. About 8.7% of homes were built before the 1940s, with another 5.3% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 28 8.7% -34.9%
Built between 1940 and 1949 17 5.3% -39.3%
Built between 1950 and 1959 36 11.2% -2.7%
Built between 1960 and 1969 60 18.6% 7.1%
Built between 1970 and 1979 54 16.7% 25.6%
Built between 1980 and 1989 47 14.6% -28.8%
Built between 1990 and 1999 35 10.8% 25.0%
Built between 2000 and 2009 36 11.2% 260.0%
Built between 2010 and 2019 10 3.1% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Walnut occupancy rates

Out of the 279 occupied housing units in Walnut, 52% are owner-occupied, while 48% are lived in by tenants. Meanwhile, 13.6% of all homes on the local market sit vacant.

Occupied housing units
279
11.2% year-over-year change
Occupancy breakdown
Renter occupied
134
Owner occupied
145
Value Percent YoY
change
Renter occupied 134 48% 5.5%
Owner occupied 145 52% 16.9%
Unoccupied housing units
13.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Walnut housing costs

Housing costs in Walnut come to a median of $430 per month, while tenants specifically pay a median gross rent of $512.

Median housing costs per month
$430/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Walnut
$512/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Walnut

Walnut education at a glance

About 51.3% of the population in Walnut went to high school, while 15.5% pursued college studies. Another 13.6% earned an associate degree and 6.2% hold a bachelor’s. Meanwhile, 1.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 54 11.6% -18.2%
High school diploma 238 51.3% 11.2%
College diploma 72 15.5% 12.5%
Associate degree 63 13.6% 31.2%
Bachelor's degree 29 6.2% -25.6%
Graduate degree 8 1.7% -27.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Walnut

How much people earn in Walnut

The average annual household income in Walnut was $47,168 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +16.2% change from the previous year. At the same time, the median income stood at $27,159, reflecting a -0.9% shift over the same period.

Average household income in Walnut
$47,168/year
16.2% year-over-year change
Median household income in Walnut
$27,159/year
-0.9% year-over-year change

Walnut income by age

In Walnut, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $56,250. Those with someone between 45 and 64 in charge, often well established professionally, earn $23,274 overall. Overall, 72.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $64,423 N/A
25 - 44 $56,250 6.7%
45 - 64 $23,274 -9.4%
Above poverty level
488
Below poverty level
182
Value Percent YoY
change
Above poverty level 488 72.8% 19.3%
Below poverty level 182 27.2% -6.2%

Average renter income in Walnut

To get a better sense of what renters earn on average in Walnut, their median household income was $24,000 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$24,000
Rent-to-income ratio
25.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Walnut

Workforce and job types in Walnut

The job market in Walnut is powered by 250 working residents, spread across a range of industries and roles. 59.6% of the working population are employed in professional or administrative positions, while 40.4% are in hands-on or service-based jobs. Also, 2.8% run their own businesses, 70% are employed by private companies, and 19.6% work in the public sector.

Workforce demographics

Working population
250
25.0% year-over-year change
White collar
149
Blue collar
101
Value Percent YoY change
White collar 149 59.6% 14.6%
Blue collar 101 40.4% 44.3%
Employer type
Self employees
2.8%
Private companies
70%
Governmental workers
19.6%
Not for profit companies
7.6%
Value Percent YoY change
Self employees 7 2.8% 75.0%
Private companies 175 70% 9.4%
Governmental workers 49 19.6% 157.9%
Not for profit companies 19 7.6% 11.8%
Unemployment rate
5.3%
-30.0% year-over-year change

Available workforce

The unemployment rate in Walnut stands at 5.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Walnut

How people get around in Walnut

Commuting methods vary: 97.6% of residents travel by personal vehicle and 2.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 244 97.6% 26.4%
Walk 6 2.4% -14.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Walnut by zipcode?

Zipcode Population Number of households Median income Average income
38683 3,952 1,552 $39,107 $57,736

Explore more communities

FAQs about Walnut demographics 

What is the total population of Walnut?

Walnut has a total population of 699 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +10.4% compared to a year ago.

What is the gender ratio in Walnut?

The gender ratio in Walnut is as follows:
  • 50.1% males (350 residents)
  • 49.9% females (349 residents)

What is the median age in Walnut?

The median age in Walnut is 29.

What is the age distribution of the population in Walnut?

The age distribution in Walnut is as follows:
  • Under 15: 32.2% (225 residents)
  • Ages 15-24: 11% (77 residents)
  • Ages 25-44: 20.5% (143 residents)
  • Ages 45-64: 23.8% (166 residents)
  • Over 65: 12.6% (88 residents)

What is the racial and ethnic makeup of Walnut?

The racial and ethnic makeup of Walnut is as follows:
  • White: 75.2% (526 residents)
  • Black or African American: 14.9% (104 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 9.2% (64 residents)
  • Other: 0.7% (5 residents)

What percentage of the population in Walnut are U.S.-born citizens?

U.S.-born citizens represent 99.3% of the population in Walnut.

How many housing units are there in Walnut?

There are 323 housing units in Walnut, reflecting a +0.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Walnut and what is the average household size?

Walnut has a total of 279 households, with an average of 3 people in each.

What is the median household income in Walnut?

Walnut has a median household income of $27,159, representing a -0.9% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Walnut?

The employment rate is 94.7% in Walnut, with a workforce of 250 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 59.6% (149 residents)
  • Blue-collar workers: 40.4% (101 residents)

Places of employment:
  • Self-employed: 2.8% (7 residents)
  • Private companies: 70% (175 residents)
  • Governmental workers: 19.6% (49 residents)
  • Not-for-profit companies: 7.6% (19 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025