Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.4 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 19.5% ▲ 95% above avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 1.3% ▼ 73% below avg |
| No HS Diploma | 58 (7.8%) |
| HS Graduate | 207 (27.7%) |
| Some College | 102 (13.7%) |
| Associates | 153 (20.5%) |
| Bachelors | 88 (11.8%) |
| Graduate Degree | 139 (18.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,614 ▼ 14% below avg |
|---|---|
| Median Home Value | $126,300 ▼ 55% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $607/mo |
| Total Housing Units | 562 |
| Vacant Units | 89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Walnut Grove is a city in Minnesota, located in Redwood County. The city spans 1 ZIP code and is home to approximately 1,203 residents. It is a relatively young city, with a median age of 35.4 years.
Economically, Walnut Grove is a solidly middle-class community. The median household income of $65,614 is near the national average. Approximately 19.5% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Walnut Grove is one of the more affordable housing markets in the country. Median home values stand at $126,300, which is well below the national average. Renters typically pay around $607 per month. Homeownership is high at 73.2%, typical of suburban and family-oriented communities.
The population of Walnut Grove is moderately educated. 30.4% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (59.35%).
Walnut Grove, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56180 | 1,203 | $65,614 | $126,300 | $607 | 1.3% | 30.4% | 73.2% |