What percentage of people rent in Walnut Cove, NC?

45.3% (±8.3 points) of the occupied homes in Walnut Cove, NC are rented (2020–2024 American Community Survey).

That is 354 renting households against 428 that own their home.

In Walnut Cove, the share of households that rent went from 50.4% in 2015–2019 to 45.3% in 2020–2024 (−5.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
45.3% (±8.3 points)
Renting households
354 (±107)
Median renter income
$19,262 (±$3,621)

Who rents and who owns in Walnut Cove

Tenure, estimate (90% margin of error)
Walnut CoveStokes CountyNorth CarolinaUnited States
Renter-occupied share45.3% (±8.3 points)20.8% (±2.6 points)33.4% (±0.2 points)34.8%
Renting households354 (±107)4,068 (±523)1,428,852 (±8,279)45,017,354
Owning households428 (±101)15,478 (±517)2,853,493 (±14,473)84,210,142
Average renter household size2.6 (±0.7)2.2 (±0.2)2.3 (±0.0)2.3
Average owner household size2.6 (±0.5)2.3 (±0.1)2.5 (±0.0)2.6
Median renter household income$19,262 (±$3,621)$38,578 (±$2,759)$48,010 (±$418)$52,966
Median owner household income$83,056 (±$12,049)$69,332 (±$3,852)$88,911 (±$521)$100,009

In Walnut Cove, the renter share is higher than in Stokes County (20.8%).

It is also higher than in North Carolina (33.4%).

It is higher than the national figure (34.8%).

In Stokes County, Walnut Cove ranks 1 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 152 of 663.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Walnut Cove has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent50.4% (±10.0 points)45.3% (±8.3 points)−5.1 percentage pointsNot a measurable change
Median gross rent$640 (±$59)$674 (±$133)+5.3%No measurable change after inflation
Median household income$35,100 (±$3,387)$44,815 (±$15,986)+27.7%No measurable change after inflation

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.

Households that rent in places near Walnut Cove

Nearest places with a published estimate, compared with Walnut Cove
PlaceDistanceHouseholds that rentCompared with this place
Walnut Cove—45.3% (±8.3 points)—
Germanton6.2 mi7.2% (±12.1 points)Lower
Danbury9.0 mi7.5% (±10.9 points)Lower
Rural Hall9.9 mi43.9% (±12.6 points)Not measurably different
Walkertown10 mi26.0% (±7.8 points)Lower
Stokesdale10 mi3.9% (±3.2 points)Lower
Madison12 mi42.3% (±9.7 points)Not measurably different
Oak Ridge12 mi7.8% (±4.4 points)Lower
King12 mi34.9% (±8.5 points)Not measurably different

Nearby places with a measurably lower figure: Germanton, NC (7.2%), Danbury, NC (7.5%), Walkertown, NC (26.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Stokes County, place by place

RankPlaceHouseholds that rent
1Walnut Cove45.3% (±8.3 points)
2King34.9% (±8.5 points)
3Danbury7.5% (±10.9 points)

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

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).

Is renting growing in Walnut Cove?

In Walnut Cove, the share of households that rent went from 50.4% in 2015–2019 to 45.3% in 2020–2024 (−5.1 percentage points), not a measurable change.

How big are renting households in Walnut Cove?

A renting household in Walnut Cove has 2.6 people on average, against 2.6 in an owned home.

How much do renters earn in Walnut Cove?

The median renting household in Walnut Cove, NC has an income of $19,262 (±$3,621) a year, against $83,056 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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