Walnut, MS Profile: Facts & Data


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Walnut, Mississippi - Basic Facts

The Town of Walnut had a population of 775 as of July 1, 2020. Walnut ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Mississippi. See peer rankings below.

The primary coordinate point for Walnut is located at latitude 34.9462 and longitude -88.8998 in Tippah County. The formal boundaries for the Town of Walnut encompass a land area of 5.43 sq. miles and a water area of 0.02 sq. miles. Tippah County is in the Central time zone (GMT -6). The elevation is 459 feet.

The Town of Walnut (GNIS ID: 2406825) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Walnut is located within Supervisor District 1, a minor civil division (MCD) of Tippah County.

Alternate Unofficial Names for Walnut: Hopkins.


Walnut, MS Data & Demographics (As of July 1, 2020)


Total Population 775 (100%)
Population in Households 775 (100.0%)
Population in Families 640 (82.6%)
Population in Group Quarters1 0
Population Density 143
Diversity Index2 24


Median Household Income $23,768
Average Household Income $37,870
% of Income for Mortgage4 15%
Per Capita Income $15,139
Wealth Index5 28


Total HU (Housing Units) 355 (100%)
Owner Occupied HU 206 (58.0%)
Renter Occupied HU 105 (29.6%)
Vacant Housing Units 44 (12.4%)
Median Home Value $85,294
Average Home Value $122,087
Housing Affordability Index3 182


Total Households 311
Average Household Size 2.49
Family Households 206
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 0.05% -0.36%
Households -0.03% -0.39%
Families 0.59% -0.49%
Median Household Income   1.4%
Per Capita Income   1.93%
Owner Occupied HU   -0.1%


Walnut, MS - Peer Comparisons by Rank and Percentile

The table below compares Walnut to the other 362 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 223 39th
Population Density # 322 11th
Median Household Income # 329 9th
Housing Affordability Index # 80 22nd
Per Capita Income # 310 15th
Diversity Index # 313 14th

Additional comparisons and rankings can be made with a VERY EASY TO USE Mississippi Census Data Comparison Tool.

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