Walnut, Iowa.
Typical home $203,506 (+6.2% in a year). Omaha-Council Bluffs, NE-IA metro.
to buy the typical home at today's mortgage rate — +$567 (+113%) since Jan 2020.
- 1 year
- Up $11,812 +6%
- $191,694$203,506 since Sep 2025
- 5 years
- Up $46,875 +30%
- $156,631$203,506 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Walnut$1,068
- Iowa$1,242
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Walnut, IA rose 6.2% over the past year — faster than the nation's +1.2%.
Living in Walnut, Pottawattamie County, Iowa
Walnut is a city of 747 people in Pottawattamie County. Unemployment in Pottawattamie County was 3.9% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most residents work in shops, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Walnut is a very small city in western Iowa, and its residents are older than in most of the country. Homes here are valued below what many buyers would find in larger cities, and a four-year degree is less common among adults than it is nationally. Winters are cold and snowy, summers are warm, and precipitation is moderate across the year.
Work. People in Walnut work mostly in shops, in schools, hospitals and social care, in transport, warehouses and utilities, and in banks, insurance and property. The commute is a fairly long one for a small town, and some residents work from home. Across Pottawattamie County, among the largest workplaces are Tyson Fresh Meats, Iowa Western Community College and Conagra Brands.
Things to do. Prairie Rose State Park is a park a short drive away, and Elk Horn Creek, a river, is also close by. A longer drive brings you to the Museum of Danish America, a good outing for anyone curious about the region's Danish heritage. Lake Anita State Park, a protected area, is also a longer drive away.
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- 332households
- 14%of adults have a degree
- 12%below the poverty line
- 27 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Pottawattamie County had 41,804 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 10°; warmest in July, with highs near 86° and lows near 64°. About 27 inches of snow and 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Atlantic Northeast weather station, 12 miles away (NOAA).
Largest workplaces in Pottawattamie County
- Tyson Fresh MeatsMeat processed from carcasses1,603
- Council Bluffs Comm School DistrictSchool district1,254FTE
- OSI OaklandMeats, cured or smoked, made from purchased carcasses959
- Iowa Western Community CollegeTwo-year college764
- Conagra BrandsFrozen specialty food manufacturing720
- Horseshoe Council Bluffs Captive630
- Jennie Edmundson MemorialGeneral hospital590FTE
- GXO Logistics WorldwideGeneral warehousing and storage420
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 107 workplaces with 20 or more staff, 15,246 people in all across the county; Walnut has none of its own. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailVery high
- Strong windVery high
- Winter weatherRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Walnut’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Pottawattamie County and the Omaha-Council Bluffs, NE-IA metro.
Walnut home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Walnut$203,506
- Iowa$236,623
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Walnut address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Walnut — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.