City

Walnut, MS

1 ZIP code  ·  Tippah County  ·  Mississippi

👥3,488Population
💰$36,992Median HH Income▼ 52% below avg
🎂46.7Median Age
🏠$113,100Median Home Value▼ 59% below avg
🎓33.5%College Grads▼ 14% below avg
📊8.3%Unemployment▲ 69% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.1% Female 50.9% ♀

Race & Ethnicity

White: 93.9%Hispanic: 1.2%Black: 3.2%Other: 1.7%Race
White93.9%
Hispanic1.2%
Black3.2%
Other1.7%

Age Breakdown

Under 5
4%
5–17
17%
18–24
8%
25–44
19%
45–64
31%
65+
8%

Key Indicators

Median Age46.7 yrs
Avg HH Size2.40
Below Poverty23.6% ▲ 136% above avg
College Grads33.5% ▼ 14% below avg
Unemployment8.3% ▲ 69% above avg
No HS Diploma40 (2%)
HS Graduate577 (29.2%)
Some College356 (18%)
Associates344 (17.4%)
Bachelors389 (19.7%)
Graduate Degree273 (13.8%)

Education

No HS: 2%HS Grad: 29.2%Some College: 18%Associates: 17.4%Bachelors: 19.7%Graduate: 13.8%Edu
No HS2.0%
HS Grad29.2%
Some College18.0%
Associates17.4%
Bachelors19.7%
Graduate13.8%
Housing & Income

Housing Tenure

Owner: 73%Renter: 27%Tenure
Owner73.0%
Renter27.0%

Home Value Distribution

Under $50k
20%
$50k–$100k
23%
$100k–$150k
18%
$150k–$200k
13%
$200k–$300k
12%
$300k–$500k
15%
Over $500k
0%

Financials

Median HH Income$36,992 ▼ 52% below avg
Median Home Value$113,100 ▼ 59% below avg
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$563/mo
Total Housing Units1,919
Vacant Units470

Income Distribution

Under $25k
44%
$25k–$50k
12%
$50k–$75k
16%
$75k–$100k
4%
$100k–$150k
16%
$150k–$200k
5%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
93%
Public Transit
1%
Walked
3%
Work From Home
4%

Commute Time

Under 15 min
21%
15–30 min
38%
30–45 min
21%
Over 45 min
20%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
7%
1960s–1970s
12%
1980s–1990s
21%
2000+
59%
About Walnut, MS

Walnut is a city in Mississippi, located in Tippah County. The city spans 1 ZIP code and is home to approximately 3,488 residents. It is a mature city, with a median age of 46.7 years.

Economically, Walnut is a lower-income community. The median household income of $36,992 is well below the national average. Approximately 23.6% of residents live below the poverty line. The unemployment rate is 8.3%, significantly above the national average.

The real estate market in Walnut is one of the more affordable housing markets in the country. Median home values stand at $113,100, which is well below the national average. Renters typically pay around $563 per month. Homeownership is high at 73.0%, typical of suburban and family-oriented communities.

The population of Walnut is moderately educated. 33.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.86%).

Walnut, MS offers residents a cost-conscious lifestyle within Mississippi.

ZIP Codes in Walnut
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
38683 3,488 $36,992 $113,100 $563 8.3% 33.5% 73.0%