Walnut Cove, NC

Census Place

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2023 Population
2,046
0.888% 1-year growth
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2023 Median Age
40.2
0.741% 1-year decrease
2023 Median Property Value
$184,100
19.2% 1-year growth
2023 Employed Population
916
0.659% 1-year growth

About

In 2023, Walnut Cove, NC had a population of 2.05k people with a median age of 40.2 and a median household income of N/A. Between 2022 and 2023 the population of Walnut Cove, NC grew from 2,028 to 2,046, a 0.888% increase and its median household income N/A from N/A to N/A, a N/A% N/A.

The 5 largest ethnic groups in Walnut Cove, NC are White (Non-Hispanic) (60.1%), Black or African American (Non-Hispanic) (27.7%), Two+ (Non-Hispanic) (6.94%), Two+ (Hispanic) (3.81%), and White (Hispanic) (1.17%).

None of the households in Walnut Cove, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Walnut Cove, NC are U.S. citizens.

In 2023, the median property value in Walnut Cove, NC was $184,100, and the homeownership rate was 52.2%.

Most people in Walnut Cove, NC drove alone to work, and the average commute time was 26 minutes. The average car ownership in Walnut Cove, NC was 2 cars per household.

Population & Diversity

Walnut Cove, NC is home to a population of 2.05k people, from which 100% are citizens. As of 2023, 0.929% of Walnut Cove, NC residents were born outside of the country (19 people).

In 2023, there were 2.17 times more White (Non-Hispanic) residents (1.23k people) in Walnut Cove, NC than any other race or ethnicity. There were 567 Black or African American (Non-Hispanic) and 142 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Walnut Cove, NC residents were US citizens, which is approximately the same as the national average of N/A%. In 2022, 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.

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Race and Ethnicity

The 3 largest ethnic groups in Walnut Cove, NC
  1. White (Non-Hispanic)
    1.23k ± 254
  2. Black or African American (Non-Hispanic)
    567 ± 296
  3. Two+ (Non-Hispanic)
    142 ± 150
4.99%
Hispanic Population
102 people

In 2023, there were 2.17 times more White (Non-Hispanic) residents (1.23k people) in Walnut Cove, NC than any other race or ethnicity. There were 567 Black or African American (Non-Hispanic) and 142 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

4.99% of the people in Walnut Cove, NC are hispanic (102 people).

The following chart shows the 7 races represented in Walnut Cove, NC as a share of the total population.

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Foreign-Born Population

0.929%
2023 Foreign-Born Population
19 people
1.23%
2022 Foreign-Born Population
25 people

As of 2023, 0.929% of Walnut Cove, NC residents (19 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Walnut Cove, NC was 1.23%, meaning that the rate has been decreasing.

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

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Veterans

Most Common Service Period
  1. Vietnam
    20 ± 27
  2. Gulf War (1990s)
    8 ± 19
  3. Gulf War (2001-)
    0 ± 24

Walnut Cove, NC has a large population of military personnel who served in Vietnam, 2.5 times greater than any other conflict.

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Economy

The economy of Walnut Cove, NC employs 916 people. The largest industries in Walnut Cove, NC are Manufacturing (231 people), Health Care & Social Assistance (205 people), and Retail Trade (120 people), and the highest paying industries are Other Services Except Public Administration ($86,339), Professional, Scientific, & Technical Services ($60,469), and Public Administration ($56,250).

Occupations

916
2023 Value
± 232
0.659%
1 Year growth
± 34.3%

From 2022 to 2023, employment in Walnut Cove, NC grew at a rate of 0.659%, from 910 employees to 916 employees.

The most common job groups, by number of people living in Walnut Cove, NC, are Material Moving Occupations (193 people), Healthcare Support Occupations (107 people), and Office & Administrative Support Occupations (101 people). This chart illustrates the share breakdown of the primary jobs held by residents of Walnut Cove, NC.

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Unemployment Insurance Claims

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

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.

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Employment by Industries

916
2023 Value
± 232
0.659%
1 Year growth
± 34.3%

From 2022 to 2023, employment in Walnut Cove, NC grew at a rate of 0.659%, from 910 employees to 916 employees.

The most common employment sectors for those who live in Walnut Cove, NC, are Manufacturing (231 people), Health Care & Social Assistance (205 people), and Retail Trade (120 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.

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Median Earnings by Industry

$31,868
Median earning men ± $8,037
$23,158
Median earning women ± $15,234

The industries with the best median earnings for men in 2023 are Other Services Except Public Administration ($87,054), Public Administration ($85,227), and Retail Trade ($40,625).

The industries with the best median earnings for women in 2023 are Public Administration ($42,063), Professional, Scientific, & Management, & Administrative & Waste Management Services ($33,438), and Educational Services, & Health Care & Social Assistance ($18,967).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

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

In 2022, 0.944% of men over 25 years of age had not completed any academic degree (no schooling), while 0.805% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

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

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (2.16M), Some college (1.84M), and Bachelors Degree (1.63M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Walnut Cove, NC was $184,100 in 2023, which is 0.607 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $154,500 to $184,100, a 19.2% increase. The homeownership rate in Walnut Cove, NC is 52.2%, which is approximately the same as the national average of 65%.

People in Walnut Cove, NC have an average commute time of 26 minutes, and they drove alone to work. Car ownership in Walnut Cove, NC is approximately the same as the national average, with an average of 2 cars per household.

Property

$184,100
Median Property Value 2023
±$19,710
$377
Median Property Taxes
±$96

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.

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Rent vs Own

52.2%
Homeownership
2023
70.7%
Homeowners with Mortgage
2023

In 2023, 52.2% of the housing units in Walnut Cove, NC were occupied by their owner. This percentage grew from the previous year's rate of 51.2%.

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

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Income by Location

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Race/Ethnicity

The following map shows all of the places in Walnut Cove, NC colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
N/A
Median Household Income
± N/A
722
Number of Households
± 158

In N/A, the median household income of the 722 households in Walnut Cove, NC N/A N/A from the previous year's value of N/A.

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.

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Wage Distribution

The closest comparable wage GINI for Walnut Cove, NC is from North Carolina.
0.47
2022 Wage GINI in North Carolina
0.47
2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. 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.

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Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (89.2%)
  2. Carpooled (9.02%)
  3. Worked At Home (1.63%)

In 2023, 89.2% of workers in Walnut Cove, NC drove alone to work, followed by those who carpooled to work (9.02%) and those who worked at home (1.63%).

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.

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Commute Time

26 minutes
Average Travel Time

Using averages, employees in Walnut Cove, NC have a shorter commute time (26 minutes) than the normal US worker (26.6 minutes). Additionally, 1.77% 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.

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Car Ownership

2 cars
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 2 cars.

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Poverty & Diversity

N/A% of the population for whom poverty status is determined in Walnut Cove, NC (N/A out of N/A people) live below the poverty line, a number that is approximately the same as the national average of 12.4%. The largest demographic living in poverty are N/A N/A, followed by N/A N/A and then N/A N/A.

The most common racial or ethnic group living below the poverty line in Walnut Cove, NC is false, followed by false and false.

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.

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Health

95.4% of the population of Walnut Cove, NC has health coverage, with 33.5% on employee plans, 21.9% on Medicaid, 13.5% on Medicare, 24.4% on non-group plans, and 2.06% on military or VA plans.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 25.1% under 18 years, 22% between 18 and 34 years, 38.7% between 35 and 64 years, and 14.2% over 64 years.

By gender, of the total number of insured persons, 48% were men and 52% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.58%
Uninsured
33.5%
Employer Coverage
21.9%
Medicaid
13.5%
Medicare
24.4%
Non-Group
2.06%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Walnut Cove, NC declined by 4.99% from 4.82% to 4.58%.

The following chart shows how the percent of uninsured individuals in Walnut Cove, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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