Living in Walters, Minnesota

Cost of living, income, home prices, rent and demographics of Walters · Census data 2020–2024

Walters has 57 residents with a median age of 53.3. The median household income is $38,125 (57% lower than the Minnesota median).

Walters is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Walters at a glance

Population
57
Median age
53.3State: 38.8
Median household income
$38,125State: $89,062
Homeowners
76.9%
Bachelor's degree or higher
11.6%
Average commute
20 min

Is Walters a good place to live?

Pros: An average commute of 20 minutes.

Cons: Median household income 57% lower than the Minnesota median; unemployment of 13%; a poverty rate of 33.3%.

The weather is best in June to September.

Walters median household income

The median household income in Walters is $38,125 and the income per person is $21,472. 33.3% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Walters$38,125
Minnesota$89,062
United States$80,734

Housing in Walters: homes for sale and rent

Housing units
35
Owner-occupied
76.9%
Renter-occupied
23.1%
Vacant
25.7%Includes seasonal homes
Median year built
1938
Average household size
2.19

Walters demographics

Population
57
Median age
53.3
Under 18
24.6%
65 and older
26.3%
Households
26
Foreign-born
0%
Veterans
25.6%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino8.8%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Walters ›

Education in Walters

11.6% of adults 25 and older in Walters have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Walters11.6%
Minnesota39.4%
United States35.7%

Jobs and commute in Walters

Unemployment rate
13%State: 4.1%
Average commute
20 minState: 23 min
Work from home
0%
Drive alone
65%
Public transit
0%
Walk to work
25%
Homes with broadband
73.1%

Walters vs nearby towns

TownPopulationMedian incomeHome valueRent
Walters57$38,125——
Kiester494$52,727$58,800$820
Alden629$73,250$128,400$1,042
Bricelyn392$52,750$58,100$621
Wells2,296$60,156$103,900$694
Emmons363$57,969$106,700$792
Freeborn348$50,000$88,800$642
Frost275$76,250$70,800$825
Twin Lakes158$55,089—$558

More for people moving to Walters

Walters ZIP code ›Weather and climate ›

Living in Walters: FAQ

What is the median household income in Walters, MN?

The median household income in Walters is $38,125, 57% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

Is Walters, MN a good place to live?

Pluses: an average commute of 20 minutes. Minuses: median household income 57% lower than the Minnesota median; unemployment of 13%; a poverty rate of 33.3%.

What is the median age in Walters?

The median age in Walters is 53.3 years (Minnesota: 38.8).

How long is the commute in Walters?

The average commute to work in Walters is 20 minutes; 0% of workers work from home.

What is the unemployment rate in Walters?

The unemployment rate in Walters is 13% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Walters?

11.6% of adults in Walters have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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