Housing data for Walnut Township (Montgomery County), IN
Walnut Township (Montgomery County), IN has an estimated 1,364 residents and 570 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Montgomery County.
18.0% of households rent.
The median gross rent is $1,023 a month.
Figures last updated on .
- Residents
- 1,364 (±330)
- Housing units
- 570 (±112)
- Households that rent
- 18.0%
- Median gross rent
- $1,023
- Residents since 2015–2019
- −6.8%
What stands out in Walnut Township (Montgomery County)
Households that moved in since 2020: 7.6% (±5.3 points) in Walnut Township (Montgomery County), lower than in Montgomery County (23.5%).
Median gross rent: $1,023 (±$150) in Walnut Township (Montgomery County), higher than in Montgomery County ($858).
Housing in Walnut Township (Montgomery County) at a glance
- Median rent: $1,023 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 51.7% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 18.0% of households rent (Small sample: wide margin of error)
- Income and affordability: $78,750 median household income
- Home values: $188,800 median home value
- Homeowner costs: $1,144 median monthly cost with a mortgage
- Property taxes: $1,084 median real estate taxes a year
- Types of homes: 1.1% of homes are in buildings of 5 or more units
- Bedrooms: 64.7% of homes have 3 or more bedrooms
- Age of homes: 68.3% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 72.7% heat with propane
- Commute and cars: 24.1 minutes average trip to work
- Growth: −6.8% residents since 2015–2019
- How long people stay: 7.6% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.2% of homes have more than 1 person per room (Small sample: wide margin of error)
Walnut Township (Montgomery County) against Montgomery County, its state and the nation
| Walnut Township (Montgomery County) | Montgomery County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 1,364 (±330) | 38,312 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 570 (±112) | 16,585 (±40) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 18.0% (±10.7 points) | 19.7% (±2.6 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $1,023 (±$150) | $858 (±$46) | $1,062 (±$5) | $1,413 |
| Median household income | $78,750 (±$37,487) | $71,479 (±$5,393) | $71,957 (±$352) | $80,734 |
| Median home value | $188,800 (±$13,425) | $171,800 (±$5,987) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,084 (±$316) | $1,116 (±$59) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 68.3% (±17.0 points) | 66.1% (±4.4 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 24.1 minutes (±3.4) | 22.8 minutes (±1.3) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 87.0% (±9.6 points) | 90.1% (±1.7 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 51.0 years (±7.3) | 40.4 years (±0.6) | 38.1 years (±0.2) | 38.9 years |
Walnut Township (Montgomery County) covers 36.4 square miles of land, about 37 residents per square mile (Census Bureau Gazetteer).
How Walnut Township (Montgomery County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,463 (±243) | 1,364 (±330) | −6.8% | Not a measurable change |
| Housing units | 561 (±80) | 570 (±112) | +1.6% | Not a measurable change |
| Median gross rent | $900 (±$241) | $1,023 (±$150) | +13.7% | No measurable change after inflation |
| Median home value | $129,200 (±$12,725) | $188,800 (±$13,425) | +46.1% | Up after inflation |
| Median household income | $69,961 (±$6,039) | $78,750 (±$37,487) | +12.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,134 (±$157) | $1,144 (±$112) | +0.9% | Down after inflation |
| Median real estate taxes | $578 (±$134) | $1,084 (±$316) | +87.5% | Up after inflation |
| Households that rent | 10.8% (±5.7 points) | 18.0% (±10.7 points) | +7.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±38.3 points) | 0.0% (±30.1 points) | 0.0 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.
Crime reported to police in Montgomery County
Walnut Township (Montgomery County) has no police department of its own in the FBI’s figures, so this is the figure for Montgomery County as a whole.
In 2025, the police departments that report for Montgomery County recorded 93 violent and 558 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Walnut Township (Montgomery County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 47968 | 61% | 1,356 | $1,069 | $213,400 | $83,242 |
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 (Montgomery County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| New Ross | 3.0 mi | $917 | $145,000 | 8.4% |
| Ladoga | 6.0 mi | $825 | $130,600 | 10.2% |
| Clark Township (Montgomery County) | 6.0 mi | $596 | $165,800 | 6.8% |
| Franklin Township (Montgomery County) | 6.3 mi | $784 | $169,200 | 14.1% |
| Jackson Township (Boone County) | 7.0 mi | $966 | $207,200 | 17.3% |
| Advance | 7.0 mi | $1,042 | $164,500 | 13.5% |
| Darlington | 7.8 mi | $791 | $120,500 | 20.3% |
| Jefferson Township (Boone County) | 7.9 mi | — | $340,000 | 2.5% |
Places in Indiana most like Walnut Township (Montgomery County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Prairie Township (White County) | $996 | $209,800 | $81,731 | 17.3% |
| Richland Township (Benton County) | $975 | $181,800 | $82,875 | 12.8% |
| Jefferson Township (Allen County) | $1,012 | $214,000 | $75,167 | 21.3% |
| Union Township (Madison County) | $963 | $172,000 | $75,795 | 10.9% |
| New Paris | $1,061 | $223,700 | $74,663 | 19.5% |
| Jackson Township (Boone County) | $966 | $207,200 | $75,729 | 17.3% |
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 (Montgomery County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $895 | $900 | $1,046 | $1,351 | $1,459 |
HUD income limits for Walnut Township (Montgomery County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,300 | $33,850 | $54,150 |
| 2 people | $23,200 | $38,650 | $61,850 |
| 3 people | $27,320 | $43,500 | $69,600 |
| 4 people | $33,000 | $48,300 | $77,300 |
| 5 people | $38,680 | $52,200 | $83,500 |
| 6 people | $44,360 | $56,050 | $89,700 |
| 7 people | $50,040 | $59,900 | $95,900 |
| 8 people | $55,720 | $63,800 | $102,050 |
These are the limits HUD sets for its housing programs in the Montgomery County, IN, where HUD’s median family income for fiscal year 2026 is $96,600.
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 (Montgomery County)
What is the median household income in Walnut Township (Montgomery County)?
The median household income in Walnut Township (Montgomery County) is $78,750 (±$37,487) a year (2020–2024 American Community Survey).
What is the average home value in Walnut Township (Montgomery County), IN?
The Census Bureau publishes the median: $188,800 (±$13,425) for owner-occupied homes in Walnut Township (Montgomery County) (2020–2024 American Community Survey).
What is the average mortgage payment in Walnut Township (Montgomery County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Walnut Township (Montgomery County), IN is $1,144 (±$112) a month, including taxes, insurance and utilities.
How much are property taxes in Walnut Township (Montgomery County)?
The median real estate tax paid by homeowners in Walnut Township (Montgomery County), IN is $1,084 (±$316) a year (2020–2024 American Community Survey).
How many homes are in Walnut Township (Montgomery County)?
Walnut Township (Montgomery County), IN has an estimated 570 (±112) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Walnut Township (Montgomery County)?
The most common size is 3 bedrooms, 47.0% of homes in Walnut Township (Montgomery County), IN.
Is Walnut Township (Montgomery County) growing?
In Walnut Township (Montgomery County), the number of residents went from 1,463 in 2015–2019 to 1,364 in 2020–2024 (−6.8%), not a measurable change.
What ZIP codes are in Walnut Township (Montgomery County)?
The ZIP code that covers Walnut Township (Montgomery County) is 47968.
What is the median rent in ZIP code 47968?
The median gross rent in ZIP Code Tabulation Area 47968 is $1,069 (±$151) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Walnut township, Montgomery County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Montgomery County, IN
- HUD Income Limits, fiscal year 2026: Montgomery 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, Montgomery County, Indiana (county subdivision:79838, in state:18 county:107).
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 .