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Walters city, Minnesota Demographics & Population 2026

High PovertyPoverty rate of 29.3% is well above the state average
Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Walters city, Minnesota has a total population of 82, the 812th largest city in Minnesota, with a median household income of $35,781, which is 59% lower than the state average. The poverty rate is 29.3%.

Key Takeaways

Walters city Quick Facts

Population 82
Median Household Income $35,781
Median Home Value $52,500
Poverty Rate 29.3%
Unemployment Rate 23.7%
Median Age 51.0 years
Homeownership Rate 81.1%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 16.7%
High School Graduation Rate 86.7%
Diversity Index 7/100
Population 82 812th of 913
Median Income $35,781 bottom 10%
Poverty Rate 29.3% 135% higher national
Median Home Value $52,500 bottom 10%

How Walters city Compares

Economy & Housing

Employment

23.7% Unemployment Rate State: 3.9% | National: 5.2%
60.3% Labor Force Participation

Housing Overview

Owner 81.1%
Renter 18.9%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Walters city Rankings in Minnesota

#812 Population of 913
#853 Median Income of 913
#560 Education of 913
#848 Home Value of 913

Other Cities in Faribault County

CityPopulationMedian IncomePovertyHome Value
Blue Earth city 3,170 $59,118 13.2% $125,200
Wells city 2,317 $58,663 11.1% $93,200
Winnebago city 1,247 $58,438 12.4% $106,500
Minnesota Lake city 621 $62,875 12.1% $126,600
Kiester city 544 $49,167 26.5% $52,600
Elmore city 442 $40,938 27.4% $45,800
Bricelyn city 385 $52,500 10.5% $49,500
Frost city 300 $75,000 13.0% $71,800
Delavan city 174 $69,583 14.5% $71,500
Easton city 171 $75,417 0.0% $91,500

Cities Similar to Walters city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Nimrod city84N/A$77,5004.3%3.8%
Strandquist city88N/A$28,30015.6%3.4%
Kilkenny city92N/A$104,2005.6%6.5%
Elbow Lake CDP78$30,000$120,8000.0%38.5%
Odessa city91$38,750$66,00034.9%25.3%

Population Overview

Walters city is a small community located in Minnesota, within Faribault County. The total population is 82. It ranks as the 812th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Walters city is 51.0 years. This is 32% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Walters city is $35,781. This is 59% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 54% lower. The poverty rate stands at 29.3%. This is 218% higher than the state poverty rate of 9.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 23.7%. This is 503% higher than the state rate of 3.9%. The median home value is $52,500. Housing costs are 83% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.5x, Walters city is one of the most affordable housing markets in the area. 81.1% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.4%.

Race & Ethnicity

Walters city has a predominantly White (non-Hispanic) population, comprising 96.3% of all residents. Hispanic or Latino residents account for 3.7%.

Education

16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.7%.

Data Sources & Methodology

All demographic data for Walters city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Walters city, Minnesota?

Walters city, Minnesota has a population of 82 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Walters city, MN?

The median household income in Walters city is $35,781, which is 54% lower the national median of $78,538.

What is the poverty rate in Walters city, MN?

The poverty rate in Walters city is 29.3%. This means approximately 24 residents live below the federal poverty line.

What is the racial makeup of Walters city, Minnesota?

Walters city's population is 96.3% White, 0.0% Black, 3.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Walters city, MN?

The median home value in Walters city is $52,500. The home-value-to-income ratio is 1.5x.

How educated is Walters city, Minnesota?

16.7% of adults (25+) in Walters city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.