How many renters in Walnut Cove, NC pay more than 30% of their income on rent?
59.1% (±24.4 points) of renting households in Walnut Cove, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
37.9% spend 35% or more.
The median renting household spends 32.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 59.1% (±24.4 points)
- Paying 35% or more
- 37.9% (±20.1 points)
- Median share of income
- 32.1% (±4.4 points)
Rent as a share of income in Walnut Cove
| Share of income spent on rent | Walnut Cove | Stokes County | North Carolina | United States |
|---|---|---|---|---|
| Less than 15% | 5.9% (±5.3 points) | 17.3% | 14.1% | 12.6% |
| 15% to 19.9% | 2.8% (±3.6 points) | 14.8% | 12.6% | 12.2% |
| 20% to 24.9% | 10.2% (±8.0 points) | 13.2% | 13.2% | 12.6% |
| 25% to 29.9% | 22.0% (±13.9 points) | 8.6% | 11.3% | 11.5% |
| 30% to 34.9% | 21.2% (±13.8 points) | 6.0% | 9.3% | 9.2% |
| 35% or more | 37.9% (±20.1 points) | 40.1% | 39.6% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Walnut Cove against Stokes County, its state and the nation
| Walnut Cove | Stokes County | North Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 59.1% (±24.4 points) | 46.1% (±8.2 points) | 48.9% (±0.6 points) | 51.1% |
| Paying 35% or more | 37.9% (±20.1 points) | 40.1% (±7.6 points) | 39.6% (±0.5 points) | 41.9% |
| Median share of income | 32.1% (±4.4 points) | 27.7% (±4.4 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $19,262 (±$3,621) | $38,578 (±$2,759) | $48,010 (±$418) | $52,966 |
| Median gross rent | $674 (±$133) | $775 (±$31) | $1,228 (±$5) | $1,413 |
In Walnut Cove, the share of renters paying 30% or more of income is not measurably different from Stokes County (46.1%).
It is not measurably different from North Carolina (48.9%).
It is not measurably different from the national figure (51.1%).
In Stokes County, Walnut Cove ranks 2 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 193 of 650.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Walnut Cove
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Walnut Cove | — | 59.1% (±24.4 points) | — |
| Germanton | 6.2 mi | 100.0% (±86.1 points) | Not measurably different |
| Danbury | 9.0 mi | 25.0% (±119.5 points) | Not measurably different |
| Rural Hall | 9.9 mi | 43.1% (±22.7 points) | Not measurably different |
| Walkertown | 10 mi | 32.2% (±19.7 points) | Not measurably different |
| Stokesdale | 10 mi | 100.0% (±61.0 points) | Not measurably different |
| Madison | 12 mi | 27.4% (±14.4 points) | Lower |
| Oak Ridge | 12 mi | 39.3% (±45.7 points) | Not measurably different |
| King | 12 mi | 72.4% (±18.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Madison, NC (27.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Stokes County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | King | 72.4% (±18.7 points) |
| 2 | Walnut Cove | 59.1% (±24.4 points) |
| 3 | Danbury | 25.0% (±119.5 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Walnut Cove
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).
What share of income do renters in Walnut Cove spend on rent?
The median renting household in Walnut Cove, NC spends 32.1% (±4.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Walnut Cove town, North Carolina
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) and detailed tables (acs/acs5) 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
- Housing in Walnut Cove at a glance
- Median rent in Walnut Cove
- Rent by bedrooms in Walnut Cove
- Renters and owners in Walnut Cove
- Income and affordability in Walnut Cove
- Home values in Walnut Cove
- Homeowner costs in Walnut Cove
- Property taxes in Walnut Cove
- Types of homes in Walnut Cove
- Bedrooms in Walnut Cove
- Age of homes in Walnut Cove
- Heating fuel in Walnut Cove
- Commute and cars in Walnut Cove
- Population growth in Walnut Cove
- How long people stay in Walnut Cove
- North Carolina landlord and tenant rules
- Housing across Stokes County
- North Carolina places ranked by rent burden
- Housing data for every place in North Carolina