Walnut Grove, MS
Population 645 · Mississippi
About Walnut Grove, MS
Walnut Grove is a small community located in Mississippi with a population of 645 residents according to the latest US Census Bureau American Community Survey data. The median household income is $32,813 per year, which is 56% below the national median of $75,149. The median age of 32.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Walnut Grove features a median home value of $84,400, which is 66% below the national median of $244,900. This makes Walnut Grove one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $500, 57% below the national average of $1,163/month. Of the 278 total housing units, 27% are owner-occupied (62 units) and 73% are renter-occupied (170 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Walnut Grove shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.8%, above the national average of 12.4%. Workers in Walnut Grove have an average one-way commute time of 23.4 minutes.
Education & Demographics
12.2% of Walnut Grove 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 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Walnut Grove Ranks in Mississippi
Cost of Living in Walnut Grove, MS
Compared to national averages, Walnut Grove has a median household income of $32,813 (56% below the national median of $75,149). Home values average $84,400, which is 66% below the national median. Monthly rent at $500 is 57% below the US average of $1,163. Within Mississippi, Walnut Grove's income is 34% below the state average of $49,929, and home values are 33% below the state median of $125,705.
Why Live in Walnut Grove, MS?
Walnut Grove offers affordable housing with a median home value of $84,400, below the US average of $244,900, and rent that’s lower than the national average at $500/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($32,813) that falls below the national average. However, Walnut Grove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walnut Grove has a population of 645 with a median age of 32.4 years. Compare Walnut Grove with other cities to see how it stacks up, or explore all cities in Mississippi.
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Cities in Mississippi with a similar population size.
Demographics
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Economy & Education
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Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Walnut Grove
What is the population of Walnut Grove, MS?
The population of Walnut Grove, MS is 645 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Walnut Grove?
The median household income in Walnut Grove, MS is $32,813 per year, which is 56% below the national median of $75,149.
What is the median home value in Walnut Grove?
The median home value in Walnut Grove, MS is $84,400, which is 66% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Walnut Grove?
The median monthly rent in Walnut Grove, MS is $500, which is 57% below the national average of $1,163/month.
What is the unemployment rate in Walnut Grove?
The unemployment rate in Walnut Grove, MS is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walnut Grove, MS a good place to live?
Walnut Grove offers a moderate cost of living, affordable housing, and a strong job market. With a population of 645 and a median age of 32.4, the city appeals to young professionals and families.
How educated is Walnut Grove, MS?
12.2% of residents in Walnut Grove 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 Grove?
Key cost-of-living indicators for Walnut Grove, MS: median home value is $84,400 (66% below national), median rent is $500/month, and median household income is $32,813. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walnut Grove?
The poverty rate in Walnut Grove, MS is 22.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Walnut Grove, MS?
Walnut Grove's population is 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 61.9% two or more races. 0.0% of residents are foreign-born.