Walnut Cove, NC

Census Place

2024 Population

2,115

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

40.6

0.995% 1-year increase

2024 Poverty Rate

18.4%

33.6% 1-year increase

2024 Median Household Income

$44,815

0.257% 1-year growth

2024 Median Property Value

$217,300

Population & Diversity

Walnut Cove, NC is home to a population of 2.12k people, from which 100% are citizens.

As of 2024, 1.09% of Walnut Cove, NC residents were born outside of the country (23 people).

In 2024, there were 2.12 times more White (Non-Hispanic) residents (1.28k people) in Walnut Cove, NC than any other race or ethnicity. There were 602 Black or African American (Non-Hispanic) and 141 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Walnut Cove, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Walnut Cove, NC was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Walnut Cove, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Walnut Cove, NC

White (Non-Hispanic)
1.28k ± 264
Black or African American (Non-Hispanic)
602 ± 259
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
141 ± 157

2.7%

Hispanic Population

57 people

2.7% of the people in Walnut Cove, NC are hispanic (57 people).

The following chart shows the 8 races represented in Walnut Cove, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

1.09%

2024 Foreign-Born Population

23 people

0.929%

2023 Foreign-Born Population

19 people

As of 2024, 1.09% of Walnut Cove, NC residents (23 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Walnut Cove, NC was 0.929%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Walnut Cove, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
13 ± 23
Korea
7 ± 18
Gulf War (1990s)
5 ± 17

Walnut Cove, NC has a large population of military personnel who served in Vietnam, 1.86 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Walnut Cove, NC.

Economy

The economy of Walnut Cove, NC employs 866 people. In 2024, the largest industries in Walnut Cove, NC were Manufacturing (249 people), Health Care & Social Assistance (216 people), and Educational Services (62 people), and the highest paying industries were Other Services Except Public Administration ($88,843), Public Administration ($78,047), and Finance & Insurance, & Real Estate & Rental & Leasing ($49,435).

Employment

Occupations

866

2024 Value

± 224

−5.46%

1 Year decline

± 38.3%

From 2023 to 2024, employment in Walnut Cove, NC declined at a rate of −5.46%, from 916 employees to 866 employees.

The most common job groups, by number of people living in Walnut Cove, NC, are Material Moving Occupations (221 people), Management Occupations (114 people), and Healthcare Support Occupations (83 people). This chart illustrates the share breakdown of the primary jobs held by residents of Walnut Cove, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

866

2024 Value

± 224

−5.46%

1 Year decline

± 38.3%

From 2023 to 2024, employment in Walnut Cove, NC declined at a rate of −5.46%, from 916 employees to 866 employees.

The most common employment sectors for those who live in Walnut Cove, NC, are Manufacturing (249 people), Health Care & Social Assistance (216 people), and Educational Services (62 people). This chart shows the share breakdown of the primary industries for residents of Walnut Cove, NC, though some of these residents may live in Walnut Cove, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$34,593

Median earning men ± $15,177

$28,750

Median earning women ± $20,049

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($88,843), Public Administration ($87,813), and Retail Trade ($60,938).

The industries with the best median earnings for women in 2024 are Public Administration ($77,891), Retail Trade ($45,625), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($36,000).

Housing & Living

The median property value in Walnut Cove, NC was $217,300 in 2024, which is 0.653 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $184,100 to $217,300, a 18% increase. The homeownership rate in Walnut Cove, NC is 54.7%, which is lower than the national average of 65.2%.

People in Walnut Cove, NC have an average commute time of 26.6 minutes, and they drove alone to work. Car ownership in Walnut Cove, NC is lower than the national average, with an average of 1 car per household.

Housing

Property

$217,300

Median Property Value 2024

±$49,684

$428

Median Property Taxes

±$108

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Walnut Cove, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Walnut Cove, NC compared to it's parent and neighbor geographies.

Rent vs Own

54.7%

Homeownership

2024

66%

Homeowners with Mortgage

2024

In 2024, 54.7% of the housing units in Walnut Cove, NC were occupied by their owner. This percentage grew from the previous year's rate of 52.2%.

This chart shows the percentage of owner in Walnut Cove, NC compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$44,815

Median Household Income

± $15,986

782

Number of Households

± 159

In 2024, the median household income of the 782 households in Walnut Cove, NC grew to $44,815 from the previous year's value of $44,700.

The following chart displays the households in Walnut Cove, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Walnut Cove, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (86.3%)
Carpooled (10.3%)
Worked At Home (3.29%)

In 2024, 86.3% of workers in Walnut Cove, NC drove alone to work, followed by those who carpooled to work (10.3%) and those who worked at home (3.29%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

26.6 minutes

Average Travel Time

Using averages, employees in Walnut Cove, NC have a longer commute time (26.6 minutes) than the normal US worker (26.4 minutes). Additionally, 1.82% of the workforce in Walnut Cove, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Walnut Cove, NC compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Walnut Cove, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Walnut Cove, NC have 1 car.

Poverty

Poverty & Diversity

18.4% of the population for whom poverty status is determined in Walnut Cove, NC (372 out of 2.02k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males < 5 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Walnut Cove, NC is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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