Housing data for Walnut Township (Marshall County), IN
Walnut Township (Marshall County), IN has an estimated 2,871 residents and 1,221 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Marshall County.
21.0% of households rent.
The median gross rent is $975 a month.
Figures last updated on .
- Residents
- 2,871 (±35)
- Housing units
- 1,221 (±116)
- Households that rent
- 21.0%
- Median gross rent
- $975
- Residents since 2015–2019
- +2.4%
What stands out in Walnut Township (Marshall County)
Median home value: $147,300 (±$16,745) in Walnut Township (Marshall County), lower than in Marshall County ($204,900).
Median real estate taxes: $1,098 (±$156) in Walnut Township (Marshall County), lower than in Marshall County ($1,362).
Median household income: $62,607 (±$7,122) in Walnut Township (Marshall County), lower than in Marshall County ($71,808).
- Home values in Walnut Township (Marshall County)
- Property taxes in Walnut Township (Marshall County)
- Income and affordability in Walnut Township (Marshall County)
Housing in Walnut Township (Marshall County) at a glance
- Median rent: $975 median gross rent a month
- Rent by bedrooms: $970 median gross rent, 2 bedrooms
- Rent burden: 28.5% of renters pay 30% or more of income
- Renters and owners: 21.0% of households rent
- Income and affordability: $62,607 median household income
- Home values: $147,300 median home value
- Homeowner costs: $953 median monthly cost with a mortgage
- Property taxes: $1,098 median real estate taxes a year
- Types of homes: 2.4% of homes are in buildings of 5 or more units
- Bedrooms: 76.4% of homes have 3 or more bedrooms
- Age of homes: 65.7% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 61.0% heat with utility gas
- Commute and cars: 23.0 minutes average trip to work
- Growth: +2.4% residents since 2015–2019
- How long people stay: 19.6% moved in since 2020
- Crowding and facilities: 3.2% of homes have more than 1 person per room
Walnut Township (Marshall County) against Marshall County, its state and the nation
| Walnut Township (Marshall County) | Marshall County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 2,871 (±35) | 46,284 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 1,221 (±116) | 20,111 (±38) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 21.0% (±5.9 points) | 23.6% (±2.4 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $975 (±$70) | $938 (±$32) | $1,062 (±$5) | $1,413 |
| Median household income | $62,607 (±$7,122) | $71,808 (±$3,823) | $71,957 (±$352) | $80,734 |
| Median home value | $147,300 (±$16,745) | $204,900 (±$7,570) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,098 (±$156) | $1,362 (±$55) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 65.7% (±10.8 points) | 59.2% (±3.4 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 23.0 minutes (±3.2) | 22.3 minutes (±1.0) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 84.4% (±6.1 points) | 84.3% (±1.6 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 41.2 years (±6.2) | 39.8 years (±0.4) | 38.1 years (±0.2) | 38.9 years |
Walnut Township (Marshall County) covers 37.7 square miles of land, about 76 residents per square mile (Census Bureau Gazetteer).
How Walnut Township (Marshall County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,804 (±332) | 2,871 (±35) | +2.4% | Not a measurable change |
| Housing units | 1,167 (±113) | 1,221 (±116) | +4.6% | Not a measurable change |
| Median gross rent | $757 (±$79) | $975 (±$70) | +28.8% | No measurable change after inflation |
| Median home value | $93,100 (±$9,799) | $147,300 (±$16,745) | +58.2% | Up after inflation |
| Median household income | $53,500 (±$5,025) | $62,607 (±$7,122) | +17.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,032 (±$87) | $953 (±$96) | −7.7% | Down after inflation |
| Median real estate taxes | $701 (±$104) | $1,098 (±$156) | +56.6% | Up after inflation |
| Households that rent | 29.6% (±6.8 points) | 21.0% (±5.9 points) | −8.6 percentage points | Not a measurable change |
| Rental vacancy rate | 1.0% (±1.4 points) | 0.0% (±14.5 points) | −1.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
ZIP codes in Walnut Township (Marshall County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 46501 | 47% | 3,780 | $949 | $156,900 | $64,172 |
| 46570 | 14% | 1,279 | — | $221,300 | $54,185 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Walnut Township (Marshall County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Argos | 2.5 mi | $946 | $129,300 | 23.9% |
| Green Township (Marshall County) | 4.8 mi | — | $210,700 | 3.8% |
| Tippecanoe Township (Marshall County) | 5.5 mi | $749 | $227,900 | 8.1% |
| Richland Township (Fulton County) | 6.8 mi | — | $137,500 | 6.5% |
| Bourbon | 7.0 mi | $891 | $164,400 | 32.4% |
| Newcastle Township | 7.4 mi | $837 | $98,200 | 23.7% |
| Center Township (Marshall County) | 7.6 mi | $954 | $175,100 | 31.3% |
| Bourbon Township | 8.3 mi | $891 | $174,000 | 22.4% |
Places in Indiana most like Walnut Township (Marshall County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Argos | $946 | $129,300 | $61,667 | 23.9% |
| Liberty Township (Wabash County) | $974 | $136,300 | $65,046 | 15.4% |
| Woodburn | $939 | $137,000 | $65,938 | 16.9% |
| Crothersville | $1,034 | $120,300 | $55,909 | 18.0% |
| Lincoln Township (St. Joseph County) | $821 | $145,800 | $66,622 | 24.5% |
| Wayne Township (Montgomery County) | $1,112 | $122,200 | $63,808 | 18.8% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for Walnut Township (Marshall County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $814 | $877 | $1,088 | $1,296 | $1,430 |
HUD income limits for Walnut Township (Marshall County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,600 | $32,700 | $52,300 |
| 2 people | $22,400 | $37,350 | $59,750 |
| 3 people | $27,320 | $42,000 | $67,200 |
| 4 people | $33,000 | $46,650 | $74,650 |
| 5 people | $38,680 | $50,400 | $80,650 |
| 6 people | $44,360 | $54,150 | $86,600 |
| 7 people | $50,040 | $57,850 | $92,600 |
| 8 people | $55,720 | $61,600 | $98,550 |
These are the limits HUD sets for its housing programs in the Marshall County, IN, where HUD’s median family income for fiscal year 2026 is $93,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Walnut Township (Marshall County)
What is the average rent in Walnut Township (Marshall County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Walnut Township (Marshall County) is $975 (±$70) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Walnut Township (Marshall County)?
The median gross rent for a one-bedroom home in Walnut Township (Marshall County), IN is $479 (±$105) a month (2020–2024 American Community Survey).
Are renters in Walnut Township (Marshall County) rent-burdened?
28.5% of renting households in Walnut Township (Marshall County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Walnut Township (Marshall County)?
Walnut Township (Marshall County) has an estimated 239 (±65) renting households, 21.0% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Walnut Township (Marshall County)?
The median household income in Walnut Township (Marshall County) is $62,607 (±$7,122) a year (2020–2024 American Community Survey).
What is the average home value in Walnut Township (Marshall County), IN?
The Census Bureau publishes the median: $147,300 (±$16,745) for owner-occupied homes in Walnut Township (Marshall County) (2020–2024 American Community Survey).
Is Walnut Township (Marshall County) growing?
In Walnut Township (Marshall County), the number of residents went from 2,804 in 2015–2019 to 2,871 in 2020–2024 (+2.4%), not a measurable change.
What ZIP codes are in Walnut Township (Marshall County)?
The ZIP codes that cover Walnut Township (Marshall County) are 46501, 46570.
What is the median rent in ZIP code 46501?
The median gross rent in ZIP Code Tabulation Area 46501 is $949 (±$83) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Marshall County, IN
- HUD Income Limits, fiscal year 2026: Marshall County, IN
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Walnut township, Marshall County, Indiana (county subdivision:79820, in state:18 county:099).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .