An upper middle-class city in the eastern part of Los Angeles County, Walnut has a population that is mostly employed in white-collar jobs. More Walnut residents perform computer- and math-related work than 95% of workers in areas of a similar size anywhere else in the country. Most residents have a college degree, and for a family of four, the average annual income is $140,820. Accordingly, Walnut real estate is among the most expensive in America.
Regarded as a college town-California State Polytechnic University and DeVry University are nearby-Walnut is considered to be one of the more educated communities in the country. It has a highly ranked public school system and is popular with families: married couples with children occupy 41.6% of all Walnut households. Houses here are pricey, however. The average listing price is $1,089,527 and the average sales price is $725,000. A good example of what you might expect to find for sale is a three-bedroom, three-bath, 2,186-square-foot, single-family home listed at $786,000.
The name of the city comes from the Rancho Los Nogales land grant-Nogales is Spanish for "walnut trees." Today, the ethnically diverse population is listed at 29,661. Nearby cities include Covina, Pomona and Diamond Bar. Many workers who live in Walnut have a long commute to their offices, but this is not unusual in California as a whole. The commute to Pasadena and its many cultural attractions, however, is only about 40 minutes. Think how envious your friends back east will be when you tell them you attended the Rose Parade on New Year’s Day, and yes, the temperature really was 65 degrees. Money Magazine has included Walnut twice on its list of the Best Places to Live in America. Families moving here are happy to know that the city has one of the lowest crime rates in the San Gabriel Valley area. If you, too, are thinking of making a move, you would do well to consider Walnut, California.