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Walnut Grove, AL
Full City Profile · Alabama · Etowah County County
2.8
/5.0
C+
Fair
871
Population
173/sq mi density
$41,223
Median Income
$22,483 per capita
$136,300
Home Value
$194,973 Zillow
$475
Median Rent
29.5% income on rent
62°F
Avg Temperature
301 sunny days/yr
1,058
Violent Crime/100K
11,111 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$41,223 median income, 1.8% unemployment
A+
Affordability
4.8 / 5.0
$136,300 home value, $475/mo rent
F
Safety
1.0 / 5.0
1,058 violent crimes/100K (178% above avg)
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Housing Overview
Median Home Value
$136,300
52% below
US avg: $281,900
Median Rent
$475/mo
59% below
US avg: $1,163/mo
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
404
Median year built: 1990
Home Value by Source
Census Median
$136,300
Zillow (ZHVI)
$194,973
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.9%
Owner-Occupied
19.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$475/mo
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
80.9%
Complete Housing Data
Home Values
| Census Median Value | $136,300 |
| Zillow Home Value (ZHVI) | $194,973 |
Rent
| Census Median Rent | $475 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
Ownership & Stock
| Owner-Occupied | 80.9% |
| Renter-Occupied | 19.1% |
| Homeownership Rate | 80.9% |
| Total Housing Units | 404 |
| Median Year Built | 1990 |
| Rent Burden | 29.5% |