Walnut Springs, TX Profile: Facts & Data

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Walnut Springs, Texas - Basic Facts

The City of Walnut Springs had a population of 778 as of July 1, 2023.

The primary coordinate point for Walnut Springs is located at latitude 32.0576 and longitude -97.7495 in Bosque County. The formal boundaries for the City of Walnut Springs encompass a land area of 1.33 sq. miles and a water area of 0.01 sq. miles. Bosque County is in the Central time zone (GMT -6).

The City of Walnut Springs 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.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Walnut Springs is located within Meridian Division of Bosque County.


Jump to... (On This Page!)
  1. Walnut Springs 2023 Demographic Data
  2. Growth Rates for Walnut Springs (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2023 Demographics
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Walnut Springs, TX Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 778 (100%)
Population in Households 778 (100.0%)
Population in Families 663 (85.2%)
Population in Group Quarters1 0
Population Density 585
Diversity Index2 75
 
 

INCOME

Median Household Income $35,586
Average Household Income $64,149
% of Income for Mortgage4 14%
Per Capita Income $23,252
Wealth Index5 42
Socioeconomic Status Index6 Low (35.2)
 

HOUSING

Total HU (Housing Units) 328 (100%)
Owner Occupied HU 192 (58.5%)
Renter Occupied HU 90 (27.4%)
Vacant Housing Units 46 (14.0%)
Median Home Value $83,654
Average Home Value $145,052
Housing Affordability Index3 177
 

HOUSEHOLDS

Total Households 282
Average Household Size 2.76
Family Households 201
Average Family Size 3.00
NOTES
  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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.66% -0.26%
Households -0.54% -0.07%
Families   -0.20%
Median Household Income   2.56%
Per Capita Income   2.50%
Owner Occupied HU   0.10%

Walnut Springs, TX - Peer Comparisons by Rank and Percentile

The table below compares Walnut Springs to the other 1,862 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2023 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 # 1088 42nd
Population Density # 1070 43rd
Median Household Income # 1683 10th
Housing Affordability Index # 1544 83rd
Per Capita Income # 1425 24th
Diversity Index # 512 73rd

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

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