Walnut Cove, NC
Population 2,046 · North Carolina
About Walnut Cove, NC
Walnut Cove is a small community in North Carolina with a population of 2,046 residents. The median household income is $44,700 per year, which is below the national average. The median age in Walnut Cove is 40.2 years.
Housing in Walnut Cove has a median home value of $184,100 and median monthly rent of $642. Of the 800 total housing units, the majority are owner-occupied, with 377 owner-occupied and 345 renter-occupied units.
The unemployment rate in Walnut Cove is 4.3% and the poverty rate is 13.8%. 17.3% of residents hold a bachelor's degree or higher. The average commute time is 26 minutes.
Cost of Living in Walnut Cove, NC
Compared to national averages, Walnut Cove has a median household income of $44,700 (41% below the national median of $75,149). Home values average $184,100, which is 25% below the national median. Monthly rent at $642 is 45% below the US average of $1,163. Within North Carolina, Walnut Cove's income is 31% below the state average of $64,468, and home values are 20% below the state median of $228,922.
Why Live in Walnut Cove, NC?
Walnut Cove offers affordable housing with a median home value of $184,100, below the US average of $244,900, and rent that’s lower than the national average at $642/month.
Potential considerations include median household income ($44,700) that falls below the national average. However, Walnut Cove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walnut Cove has a population of 2,046 with a median age of 40.2 years. Compare Walnut Cove with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Walnut Cove
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Claremont | 2,051 | $59,583 | $227,200 | Compare |
| Salem | 2,035 | $66,653 | $159,300 | Compare |
| Ramseur | 2,061 | $29,508 | $130,000 | Compare |
| Coats | 2,029 | $38,098 | $116,800 | Compare |
| Pine Level | 2,072 | $72,663 | $228,000 | Compare |
| Hemby Bridge | 2,079 | $71,953 | $262,300 | Compare |
| Cedar Point | 2,005 | $91,853 | $421,400 | Compare |
| Scotland Neck | 2,087 | $18,202 | $76,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Walnut Cove
What is the population of Walnut Cove, NC?
The population of Walnut Cove, NC is 2,046 according to the latest Census data.
What is the median household income in Walnut Cove?
The median household income in Walnut Cove, NC is $44,700 per year.
What is the median home value in Walnut Cove?
The median home value in Walnut Cove, NC is $184,100.
What is the average rent in Walnut Cove?
The median monthly rent in Walnut Cove, NC is $642.
What is the unemployment rate in Walnut Cove?
The unemployment rate in Walnut Cove, NC is 4.3%.