Walnut is located in north Mississippi. Walnut is between the Tippah, Alcorn, Benton county. Walnut has 5.43 square miles of land area and 0.02 square miles of water area. As of 2010-2014, the total Walnut population is 772, which has grown 2.39% since 2000. The population growth rate is lower than the state average rate of 4.91% and is much lower than the national average rate of 11.61%. Walnut median household income is $17,411 in 2010-2014 and has grown by 1.81% since 2000. The income growth rate is much lower than the state average rate of 25.96% and is much lower than the national average rate of 27.36%. Walnut median house value is $75,200 in 2010-2014 and has grown by 51.92% since 2000. The house value growth rate is higher than the state average rate of 41.18% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Walnut is better than the state average in quality. The Walnut area code is 662.