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The total population of Walnut Cove is estimated to be 2,028 with 1,029 males (50.74%) and 999 females (49.26%). There are 30 less females than males in Walnut Cove.
The median household income in Walnut Cove was $42,054 in 2021, which marked an a decrease of 386(0.91%) from $42,440 in 2020. This income is 56.37% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Walnut Cove sees its highest median household income among householders in the age group of 45 to 64 years old, at $58,515. Overall, the median household income for the town of Walnut Cove stands at $42,054.
In Walnut Cove, the median income for all workers aged 15 years and older, regardless of work hours, was $30,112 for males and $16,137 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,516 for males and $44,588 for females.
In Walnut Cove, there are just two different racial groups among households. Among these, White households report a median household income of $46,839, while Black or African American households have a median household income of $42,749.
In 2022, the population of Walnut Cove was 1,596, a 0.19% increase year-by-year from 2021. Previously, in 2021, Walnut Cove's population was 1,593, an increase of 0.13% compared to a population of 1,591 in 2020.
The median age in Walnut Cove, NC is 39.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.24% were under the age of 15, 27.57% aged 15 to 29, 36.92% aged 30 to 64, 12.48% aged 65 to 84, and 5.79% were 85 years of age and older.
Racial distribution of Walnut Cove population: 61.35% are White, 26.37% are Black or African American, 0.25% are American Indian and Alaska Native, 0.70% are some other race and 11.33% are multiracial.