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Walnut, IA

Full City Profile · Iowa · Shelby County County

3.1 /5.0
B Good
1,339 Population 609/sq mi density
$65,278 Median Income $29,902 per capita
$97,900 Home Value $193,887 Zillow
$844 Median Rent 23.2% income on rent
49°F Avg Temperature 275 sunny days/yr
246 Violent Crime/100K 1,421 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,278 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$97,900 home value, $844/mo rent
F
Safety
1.0 / 5.0
246 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Income Overview

Median Household Income
$65,278
13% below
US avg: $75,149
Per Capita Income
$29,902
23% below
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
5.0%
60% below
US avg: 12.4%

Income Comparison: Walnut vs. U.S. Average

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

Median Household
US: $75,149
$65,278
87%
Per Capita
US: $39,052
$29,902
77%
IRS Avg AGI
US: $72,000
$77,398
107%
Avg Weekly Wage
US: $1,432
$982
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$982
31% below US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
9.4%
38% below US avg (15.2%)
Drive Alone
85.5%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,051M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.5%
Public Transit 0%
Work From Home 9.4%
Other 5.1%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
444
Restaurants
26
Healthcare
42
Retail
44
Manufacturing
19

Tax & Financial

IRS Avg Adjusted Gross Income
$77,398
7% above US avg ($72,000)
Avg Property Tax
$4,339
24% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$65,278
Per Capita Income$29,902
IRS Avg Adjusted Gross Income$77,398
Avg Weekly Wage$982
County GDP$1,051M

Hardship Indicators

Unemployment Rate1.1%
Poverty Rate5.0%
Gini Coefficient0.450
Cost of Living Index87.8

Commute

Mean Commute26 minutes
Drive Alone85.5%
Public Transit0.0%
Work From Home9.4%

Businesses

Total Establishments444
Restaurants26
Healthcare42
Retail44
Manufacturing19

Tax

IRS Avg AGI$77,398
Avg Property Tax$4,339