North Carolina · Census place 70780
Walnut Cove town, NC
Quick answer
Walnut Cove town has 2,046 residents, ranking #336 of 777 places in North Carolina. Median household income is $44,700, the median home is worth $184,100 and median gross rent runs $642 a month.
- Population
- 2,046Walnut Cove town residents
- Median household income
- $44,700Past 12 months, inflation adjusted
- Median home value
- $184,100Owner-occupied units
- Median gross rent
- $642Rent plus utilities, monthly
- Median age
- 40.2 yrsAll residents
- Homeownership rate
- 52.2%Owner-occupied households
What the numbers mean in Walnut Cove town
Housing cost measured against local earnings.
A household earning the Walnut Cove town median would spend about 17.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 52.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Pine Level town 2,072
- Ramseur town 2,061
- Claremont city 2,051
- Salem CDP 2,035
- Coats town 2,029
- Cedar Point town 2,005
- Glen Alpine town 1,995
Keep going
More North Carolina coverage.