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The total population of Walnut is estimated to be 990 with 444 males (44.85%) and 546 females (55.15%). There are 102 more females than males in Walnut.
The median household income in Walnut was $55,059 in 2021, which marked an an increase of 1,299(2.42%) from $53,760 in 2020. This income is 73.80% 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 sees its highest median household income among householders in the age group of under 25 years old, at $71,610. Overall, the median household income for the city of Walnut stands at $55,059.
In Walnut, the median income for all workers aged 15 years and older, regardless of work hours, was $40,804 for males and $23,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,641 for males and $30,063 for females.
In Walnut, population is primarily represented by White households, reporting a median income of $53,728.
In 2022, the population of Walnut was 728, a 0.55% decrease year-by-year from 2021. Previously, in 2021, Walnut's population was 732, a decline of 0.81% compared to a population of 738 in 2020.
The median age in Walnut, IA is 51.2, as per 2021 ACS 5-Year Estimates. Of the total population, 17.78% were under the age of 15, 14.58% aged 15 to 29, 35.86% aged 30 to 64, 26.97% aged 65 to 84, and 4.81% were 85 years of age and older.
Racial distribution of Walnut population: 98.10% are White, 1.60% are Black or African American and 0.29% are some other race.