Walnut Grove, MO
Population 566 · Missouri
About Walnut Grove, MO
Walnut Grove is a small community in Missouri with a population of 566 residents. The median household income is $45,357 per year, which is below the national average. The median age in Walnut Grove is 46.6 years.
Housing in Walnut Grove has a median home value of $127,600 and median monthly rent of $733. Of the 290 total housing units, the majority are owner-occupied, with 192 owner-occupied and 92 renter-occupied units.
The unemployment rate in Walnut Grove is 0.8% and the poverty rate is 17.0%. 7.1% of residents hold a bachelor's degree or higher. The average commute time is 29.1 minutes.
How Walnut Grove Ranks in Missouri
Cost of Living in Walnut Grove, MO
Compared to national averages, Walnut Grove has a median household income of $45,357 (40% below the national median of $75,149). Home values average $127,600, which is 48% below the national median. Monthly rent at $733 is 37% below the US average of $1,163. Within Missouri, Walnut Grove's income is 26% below the state average of $61,047, and home values are 15% below the state median of $150,786.
Why Live in Walnut Grove, MO?
Walnut Grove offers affordable housing with a median home value of $127,600, below the US average of $244,900, and rent that’s lower than the national average at $733/month, and a strong job market with an unemployment rate of just 0.8%.
Potential considerations include median household income ($45,357) 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 566 with a median age of 46.6 years. Compare Walnut Grove with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Walnut Grove
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Corder | 561 | $83,375 | $80,800 | Compare |
| Ravenwood | 571 | $56,500 | $70,000 | Compare |
| Washburn | 561 | $65,125 | $122,100 | Compare |
| Freeman | 572 | $63,750 | $148,400 | Compare |
| Green City | 560 | $35,602 | $78,100 | Compare |
| Morley | 575 | $44,583 | $59,800 | Compare |
| Bull Creek | 577 | $32,500 | $225,000 | Compare |
| Morrisville | 577 | $51,528 | $123,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Walnut Grove, MO is 566 according to the latest Census data.
What is the median household income in Walnut Grove?
The median household income in Walnut Grove, MO is $45,357 per year.
What is the median home value in Walnut Grove?
The median home value in Walnut Grove, MO is $127,600.
What is the average rent in Walnut Grove?
The median monthly rent in Walnut Grove, MO is $733.
What is the unemployment rate in Walnut Grove?
The unemployment rate in Walnut Grove, MO is 0.8%.