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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
Housing Overview
Median Home Value
$97,900
65% below
US avg: $281,900
Median Rent
$844/mo
27% below
US avg: $1,163/mo
Homeownership Rate
72.5%
11% above US avg (65.4%)
Total Housing Units
426
Median year built: 1940
Home Value by Source
Census Median
$97,900
Zillow (ZHVI)
$193,887
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.5%
Owner-Occupied
27.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$844/mo
Affordability & Housing Stock
Rent Burden
23.2%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1940
Average age of housing stock: 86 years
Homeownership Rate
72.5%
Complete Housing Data
Home Values
| Census Median Value | $97,900 |
| Zillow Home Value (ZHVI) | $193,887 |
Rent
| Census Median Rent | $844 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 72.5% |
| Renter-Occupied | 27.5% |
| Homeownership Rate | 72.5% |
| Total Housing Units | 426 |
| Median Year Built | 1940 |
| Rent Burden | 23.2% |