Housing data for Walnut Cove, NC
Walnut Cove, NC has an estimated 2,115 residents and 850 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Stokes County.
45.3% of households rent.
The median gross rent is $674 a month.
Figures last updated on .
- Residents
- 2,115 (±381)
- Housing units
- 850 (±173)
- Households that rent
- 45.3%
- Median gross rent
- $674
- Residents since 2015–2019
- +11.8%
What stands out in Walnut Cove
Households that rent: 45.3% (±8.3 points) in Walnut Cove, higher than in Stokes County (20.8%).
Homes in buildings of 5 or more units: 17.4% (±9.1 points) in Walnut Cove, higher than in Stokes County (2.1%).
Working from home: 3.3% (±3.1 points) in Walnut Cove, lower than in Stokes County (7.7%).
Median household income: $44,815 (±$15,986) in Walnut Cove, lower than in Stokes County ($62,969).
- Renters and owners in Walnut Cove
- Types of homes in Walnut Cove
- Commute and cars in Walnut Cove
- Income and affordability in Walnut Cove
Housing in Walnut Cove at a glance
- Median rent: $674 median gross rent a month
- Rent by bedrooms: $652 median gross rent, 2 bedrooms
- Rent burden: 59.1% of renters pay 30% or more of income
- Renters and owners: 45.3% of households rent
- Income and affordability: $44,815 median household income
- Home values: $217,300 median home value
- Homeowner costs: $1,221 median monthly cost with a mortgage
- Property taxes: $1,357 median real estate taxes a year
- Types of homes: 17.4% of homes are in buildings of 5 or more units
- Bedrooms: 49.6% of homes have 3 or more bedrooms
- Age of homes: 57.8% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 71.4% heat with electricity
- Commute and cars: 26.6 minutes average trip to work
- Growth: +11.8% residents since 2015–2019
- How long people stay: 20.7% moved in since 2020
- Crowding and facilities: 0.3% of homes have more than 1 person per room (Small sample: wide margin of error)
Walnut Cove against Stokes County, its state and the nation
| Walnut Cove | Stokes County | North Carolina | United States | |
|---|---|---|---|---|
| Residents | 2,115 (±381) | 45,139 (exact) | 10,730,404 (exact) | 334,922,499 |
| Housing units | 850 (±173) | 21,497 (±58) | 4,895,668 (±642) | 143,775,355 |
| Households that rent | 45.3% (±8.3 points) | 20.8% (±2.6 points) | 33.4% (±0.2 points) | 34.8% |
| Median gross rent | $674 (±$133) | $775 (±$31) | $1,228 (±$5) | $1,413 |
| Median household income | $44,815 (±$15,986) | $62,969 (±$2,276) | $72,388 (±$324) | $80,734 |
| Median home value | $217,300 (±$49,684) | $196,700 (±$8,788) | $288,900 (±$1,086) | $332,700 |
| Median real estate taxes (a year) | $1,357 (±$158) | $1,179 (±$56) | $1,896 (±$8) | $3,119 |
| Built before 1980 | 57.8% (±13.8 points) | 45.5% (±3.8 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 26.6 minutes (±6.4) | 31.6 minutes (±2.1) | 25.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 79.9% (±9.2 points) | 86.7% (±2.5 points) | 90.1% (±0.2 points) | 91.0% |
| Median age of residents | 40.6 years (±5.8) | 47.7 years (±0.5) | 39.1 years (±0.2) | 38.9 years |
Walnut Cove covers 2.5 square miles of land, about 837 residents per square mile (Census Bureau Gazetteer).
How Walnut Cove has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,892 (±359) | 2,115 (±381) | +11.8% | Not a measurable change |
| Housing units | 967 (±164) | 850 (±173) | −12.1% | Not a measurable change |
| Median gross rent | $640 (±$59) | $674 (±$133) | +5.3% | No measurable change after inflation |
| Median home value | $121,700 (±$14,744) | $217,300 (±$49,684) | +78.6% | Up after inflation |
| Median household income | $35,100 (±$3,387) | $44,815 (±$15,986) | +27.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $941 (±$160) | $1,221 (±$100) | +29.8% | No measurable change after inflation |
| Median real estate taxes | $1,194 (±$175) | $1,357 (±$158) | +13.7% | No measurable change after inflation |
| Households that rent | 50.4% (±10.0 points) | 45.3% (±8.3 points) | −5.1 percentage points | Not a measurable change |
| Rental vacancy rate | 5.0% (±5.6 points) | 0.0% (±10.7 points) | −5.0 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 Stokes County
Walnut Cove has no police department of its own in the FBI’s figures, so this is the figure for Stokes County as a whole.
In 2025, the police departments that report for Stokes County recorded 219 violent and 764 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.
Places near Walnut Cove
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Germanton | 6.2 mi | — | $237,100 | 7.2% |
| Danbury | 9.0 mi | $1,167 | $181,300 | 7.5% |
| Rural Hall | 9.9 mi | $967 | $189,600 | 43.9% |
| Walkertown | 10 mi | $1,379 | $236,900 | 26.0% |
| Stokesdale | 10 mi | $1,450 | $379,100 | 3.9% |
| Madison | 12 mi | $830 | $184,900 | 42.3% |
| Oak Ridge | 12 mi | $3,009 | $529,300 | 7.8% |
| King | 12 mi | $895 | $238,200 | 34.9% |
Places in North Carolina most like Walnut Cove
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Smithfield | $658 | $242,500 | $43,270 | 41.3% |
| Yadkinville | $745 | $183,800 | $53,125 | 47.2% |
| Franklin | $725 | $195,000 | $47,888 | 41.8% |
| Dunn | $788 | $193,900 | $46,830 | 46.0% |
| Burnsville | $862 | $243,500 | $50,997 | 51.4% |
| Marshall | $733 | $282,100 | $56,728 | 44.8% |
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 North Carolina.
HUD Fair Market Rent for Walnut Cove, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,079 | $1,224 | $1,332 | $1,754 | $2,135 |
HUD income limits for Walnut Cove, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,050 | $33,350 | $53,400 |
| 2 people | $22,900 | $38,150 | $61,000 |
| 3 people | $27,320 | $42,900 | $68,650 |
| 4 people | $33,000 | $47,650 | $76,250 |
| 5 people | $38,680 | $51,500 | $82,350 |
| 6 people | $44,360 | $55,300 | $88,450 |
| 7 people | $50,040 | $59,100 | $94,550 |
| 8 people | $55,720 | $62,900 | $100,650 |
These are the limits HUD sets for its housing programs in the Winston-Salem, NC HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $96,700.
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 Cove
What is the average rent in Walnut Cove, NC?
The Census Bureau publishes the median rather than the average: the median gross rent in Walnut Cove is $674 (±$133) 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 Cove?
The median gross rent for a one-bedroom home in Walnut Cove, NC is $340 (±$103) a month (2020–2024 American Community Survey).
Are renters in Walnut Cove rent-burdened?
59.1% of renting households in Walnut Cove 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 Cove?
Walnut Cove has an estimated 354 (±107) renting households, 45.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Walnut Cove?
The median household income in Walnut Cove is $44,815 (±$15,986) a year (2020–2024 American Community Survey).
What is the average home value in Walnut Cove, NC?
The Census Bureau publishes the median: $217,300 (±$49,684) for owner-occupied homes in Walnut Cove (2020–2024 American Community Survey).
Is Walnut Cove growing?
In Walnut Cove, the number of residents went from 1,892 in 2015–2019 to 2,115 in 2020–2024 (+11.8%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Walnut Cove town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Walnut Cove town, North Carolina
- HUD Fair Market Rents, fiscal year 2027: Winston-Salem, NC HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Winston-Salem, NC HUD Metro FMR Area
- 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 Cove town, North Carolina (place:70780, in state:37).
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 .