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Walnut, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Walnut, Illinois had a total population of 1,282, the 626th largest village in Illinois, with a median household income of $61,750, which is 26% lower than the state average. The poverty rate is 7.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Walnut Quick Facts

Population 1,282
Median Household Income $61,750
Median Home Value $102,100
Poverty Rate 7.0%
Unemployment Rate 3.3%
Median Age 42.5 years
Homeownership Rate 86.9%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 19.3%
High School Graduation Rate 92.5%
Diversity Index 9/100
Population 1,282 626th of 1,445
Median Income $61,750 below average
Poverty Rate 7.0% 43% lower than national
Median Home Value $102,100 below average

How Walnut Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,4021,282-8.6%
Median household income$62,019$61,750-0.4%
Median home value$94,700$102,100+7.8%

How Walnut Compares

Economy & Housing

Household Income Distribution

Under $25K 12.9%
$25K-$50K 18.8%
$50K-$100K 45.2%
$100K+ 23.1%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
3.3%
$15K-$20K
1.6%
$20K-$25K
7.3%
$25K-$30K
5.8%
$30K-$35K
2.0%
$35K-$40K
4.5%
$40K-$45K
2.9%
$45K-$50K
3.5%
$50K-$60K
16.4%
$60K-$75K
15.3%
$75K-$100K
13.5%
$100K-$125K
15.1%
$125K-$150K
2.0%
$150K-$200K
3.3%
$200K+
2.7%

Employment

3.3% Unemployment Rate State: 5.8%|National: 5.2%
65.7% Labor Force Participation

Housing Overview

Owner 86.9%
Renter 13.1%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $617/mo 12.0% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Walnut Rankings in Illinois

#626 Population of 1,445
#871 Median Income of 1,374
#661 Education of 1,444
#858 Home Value of 1,372

Other Cities in Bureau County

CityPopulationMedian IncomePovertyHome Value
Princeton 7,975 $61,946 12.7% $134,700
Spring Valley 5,476 $70,598 7.1% $153,300
De Pue 1,532 $58,417 14.6% $59,300
Ladd 1,356 $67,321 6.4% $129,600
Wyanet 966 $63,295 13.5% $99,700
Sheffield 874 $74,750 11.7% $102,400
Tiskilwa 751 $66,786 18.8% $84,700
La Moille 750 $68,125 11.2% $111,300
Ohio 609 $68,594 18.4% $99,000
Cherry 534 $59,545 11.8% $107,900

Cities Similar to Walnut

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kincaid1,278$64,821$88,1008.2%15.5%
Rossville1,332$62,417$92,20017.3%10.4%
Camp Point1,230$62,188$127,80019.4%14.9%
Cambria1,300$57,756$143,80026.2%18.5%
Milledgeville1,218$59,417$94,20019.3%11.3%

Population Overview

Walnut is a small community located in Illinois, within Bureau County. The total population is 1,282. It ranks as the 626th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Walnut is 42.5 years. This is 9% higher than the state median of 39.0 years. 12.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Walnut is $61,750. This is 26% lower than the state median of $83,390. It is also 24% lower than the national median of $80,734. The poverty rate stands at 7.0%. This is 40% lower than the state poverty rate of 11.8%. The unemployment rate is 3.3%. This is 44% lower than the state rate of 5.8%. The median home value is $102,100. Housing costs are 61% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Walnut is one of the most affordable housing markets in the area. 86.9% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.1%.

Race & Ethnicity

Walnut has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 2.9%. The White (non-Hispanic) population is significantly higher than the state average (95.5% vs 58.1%). The Black or African American population (0.4%) is well below the state average of 13.3%. The Hispanic or Latino population (2.9%) is well below the state average of 18.8%.

Education

19.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.

Data Sources & Methodology

All demographic data for Walnut, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Walnut, Illinois?

Walnut, Illinois has a population of 1,282 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Walnut, IL?

The median household income in Walnut is $61,750, which is 24% lower than the national median of $80,734.

What is the poverty rate in Walnut, IL?

The poverty rate in Walnut is 7.0%. This means approximately 85 residents live below the federal poverty line.

What is the racial makeup of Walnut, Illinois?

Walnut's population is 95.5% White, 0.4% Black, 2.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Walnut, IL?

The median home value in Walnut is $102,100. The home-value-to-income ratio is 1.7x.

How educated is Walnut, Illinois?

19.3% of adults (25+) in Walnut hold a bachelor's degree or higher, and 6.0% hold a graduate or professional degree.