Walnut Creek, AZ
Population 581 · Arizona
About Walnut Creek, AZ
Walnut Creek is a small community located in Arizona with a population of 581 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,342 per year, which is 48% below the national median of $75,149. The median age of 52.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Walnut Creek features a median home value of $234,400, which is 4% below the national median of $244,900. This positions Walnut Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 345 total housing units, 86% are owner-occupied (242 units) and 14% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walnut Creek shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walnut Creek have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
12.3% of Walnut Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 7.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Walnut Creek, AZ
Compared to national averages, Walnut Creek has a median household income of $39,342 (48% below the national median of $75,149). Home values average $234,400, which is 4% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Walnut Creek's income is 37% below the state average of $62,086, and home values are 1% below the state median of $237,048.
Why Live in Walnut Creek, AZ?
Walnut Creek offers affordable housing with a median home value of $234,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 7.2%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($39,342) that falls below the national average. However, Walnut Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walnut Creek has a population of 581 with a median age of 52.7 years. Compare Walnut Creek with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Walnut Creek
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stotonic Village | 583 | $0 | $112,300 | Compare |
| Ash Fork | 578 | $0 | $178,800 | Compare |
| Yarnell | 586 | $42,057 | $230,300 | Compare |
| Elephant Head | 572 | $51,103 | $292,600 | Compare |
| Low Mountain | 567 | $18,472 | $121,400 | Compare |
| St. Johns | 596 | $51,583 | $323,300 | Compare |
| Goodyear Village | 564 | $0 | $0 | Compare |
| San Jose | 560 | $46,339 | $162,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Walnut Creek With Other Cities
Frequently Asked Questions about Walnut Creek
What is the population of Walnut Creek, AZ?
The population of Walnut Creek, AZ is 581 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arizona.
What is the median household income in Walnut Creek?
The median household income in Walnut Creek, AZ is $39,342 per year, which is 48% below the national median of $75,149.
What is the median home value in Walnut Creek?
The median home value in Walnut Creek, AZ is $234,400, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walnut Creek?
The median monthly rent in Walnut Creek, AZ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Walnut Creek?
The unemployment rate in Walnut Creek, AZ is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Walnut Creek, AZ a good place to live?
Walnut Creek offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 581 and a median age of 52.7, the city appeals to established professionals and retirees.
How educated is Walnut Creek, AZ?
12.3% of residents in Walnut Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Walnut Creek?
Key cost-of-living indicators for Walnut Creek, AZ: median home value is $234,400 (4% below national), median rent is $0/month, and median household income is $39,342. The home-value-to-income ratio is 6.0x, a moderate figure by national standards.
What is the poverty rate in Walnut Creek?
The poverty rate in Walnut Creek, AZ is 7.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walnut Creek, AZ?
Walnut Creek's population is 0.0% White, 7.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.