Walnut Cove, NC

Full City Profile · North Carolina · Stokes County County

3.2 /5.0
B Good
2,046 Population 809/sq mi density
$44,700 Median Income $23,794 per capita
$184,100 Home Value $244,217 Zillow
$642 Median Rent 30.6% income on rent
60°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$44,700 median income, 4.3% unemployment
A
Affordability
4.4 / 5.0
$184,100 home value, $642/mo rent
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Walnut Cove, NC

At a Glance

Median Income
$44,700
41% below
$23,794 per capita
Home Value
$184,100
35% below
Zillow: $244,217
Median Rent
$642/mo
45% below
30.6% of income on rent
Bachelor's Degree+
17.3%
49% below
93.3% high school+
Unemployment
4.3%
19% above
18.6% poverty rate
Obesity Rate
40.9%
27% above
19.0% smoking rate
Avg Temperature
60°F

How Walnut Cove Compares to the U.S. Average

Each bar shows Walnut Cove's value as a percentage of the national average (100% = U.S. avg)

Income
59%
Home Value
65%
Rent
55%
Poverty
150%
Bachelor's
51%
Unemployment
119%
Thin vertical line = U.S. national average (100%)

Is Walnut Cove a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Walnut Cove residents earn a median household income of $44,700 , which is 41% below the national average of $75,149. Per capita income is $23,794. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 18.6% of residents live below the poverty line. The area is home to 844 business establishments, including 58 restaurants.

Housing & Cost of Living

The median home value in Walnut Cove is $184,100 , 35% below the national median of $281,900. Zillow estimates the typical home at $244,217. Median rent is $642/month, with 30.6% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1975.

Education

17.3% of adults in Walnut Cove hold a bachelor's degree or higher (49% below the national average). 93.3% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Walnut Cove has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 79°F in July. Annual precipitation totals 43.2 inches.

Data Overview

People

Population2,046
Median Age40.2 yrs
Density809/mi²
Male / Female50% / 50%
Foreign Born0.9%
Veterans2.2%

Economy

C+
Median Income$44,700
Per Capita$23,794
Unemployment4.3%
Poverty18.6%
County GDP$1,756M
Avg Weekly Wage$803

Housing

A
Home Value$184,100
Rent$642
Ownership52.2%
Zillow$244,217
Housing Units800
Rent Burden30.6%

Health

Obesity40.9%
Diabetes12.1%
Smoking19.0%
Heart Disease6.5%
Premature Death12,067/100K

Climate

Avg Temp60°F
Rain43.2 in/yr
Elevation635 ft

Education

C
Bachelor's+17.3%
High School+93.3%
Graduate+3.6%
School Score5.8/10

Community

2024 VoteR 79% / D 20%
Commute26 min
Broadband79.9%
Internet Speed223 Mbps
EV Stations1
Libraries4

Did You Know?

The median home in Walnut Cove was built in 1975.
The nearest airport is Piedmont Triad International (17 miles).
The Gini coefficient (income inequality) is 0.440 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
20.6% of the population has a disability.
Average internet download speed is 223 Mbps.
The county recorded 15 fatal vehicle crashes.