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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentWalnut CoveStokes CountyNorth CarolinaUnited 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 more37.9% (±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

Estimate (90% margin of error)
Walnut CoveStokes CountyNorth CarolinaUnited States
Paying 30% or more59.1% (±24.4 points)46.1% (±8.2 points)48.9% (±0.6 points)51.1%
Paying 35% or more37.9% (±20.1 points)40.1% (±7.6 points)39.6% (±0.5 points)41.9%
Median share of income32.1% (±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

Nearest places with a published estimate, compared with Walnut Cove
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Walnut Cove—59.1% (±24.4 points)—
Germanton6.2 mi100.0% (±86.1 points)Not measurably different
Danbury9.0 mi25.0% (±119.5 points)Not measurably different
Rural Hall9.9 mi43.1% (±22.7 points)Not measurably different
Walkertown10 mi32.2% (±19.7 points)Not measurably different
Stokesdale10 mi100.0% (±61.0 points)Not measurably different
Madison12 mi27.4% (±14.4 points)Lower
Oak Ridge12 mi39.3% (±45.7 points)Not measurably different
King12 mi72.4% (±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

RankPlaceRenters paying 30% or more of income
1King72.4% (±18.7 points)
2Walnut Cove59.1% (±24.4 points)
3Danbury25.0% (±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

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.

Request a Census API 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 .

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