Walters, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Walters, Minnesota had a total population of 57, the 851st largest city in Minnesota, with a median household income of $38,125, which is 57% lower than the state average. The poverty rate is 33.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 57% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (33.3%), well above the national average of 12.4%.
- Unemployment rate of 13.0% is notably above the national average.
Walters Quick Facts
How Walters Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 82 | 57 | -30.5% |
| Median household income | $35,781 | $38,125 | +6.6% |
How Walters Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Walters Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Faribault County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Blue Earth | 3,165 | $66,771 | 10.8% | $143,600 |
| Wells | 2,296 | $60,156 | 8.7% | $103,900 |
| Winnebago | 1,280 | $59,643 | 11.1% | $110,900 |
| Kiester | 494 | $52,727 | 21.5% | $58,800 |
| Elmore | 451 | $41,250 | 24.4% | $46,700 |
| Bricelyn | 392 | $52,750 | 10.8% | $58,100 |
| Frost | 275 | $76,250 | 10.5% | $70,800 |
| Easton | 178 | $76,250 | 0.6% | $98,500 |
| Delavan | 160 | $63,125 | 17.7% | $57,700 |
Cities Similar to Walters
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hubbard | 53 | N/A | N/A | 0.0% | 17.0% |
| Gully | 53 | $40,735 | N/A | 0.0% | 25.5% |
| Goodridge | 49 | $41,042 | $57,000 | 12.2% | 16.3% |
| Kent | 70 | $39,286 | $103,300 | 12.5% | 1.4% |
| Beaulieu | 63 | $48,750 | N/A | 15.6% | 17.5% |
A note before these figures: with a population of 57, Walters's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Walters is a small community located in Minnesota, within Faribault County. The total population is 57. It ranks as the 851st most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Walters is 53.3 years. This is 37% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Walters is $38,125. This is 57% lower than the state median of $89,062. It is also 53% lower than the national median of $80,734. The poverty rate stands at 33.3%. This is 258% higher than the state poverty rate of 9.3%. 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 13.0%. This is 221% higher than the state rate of 4.1%. 76.9% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.2%.
Race & Ethnicity
Walters has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 8.8%.
Education
11.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.7%.
Data Sources & Methodology
All demographic data for Walters, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Walters, Minnesota?
Walters, Minnesota has a population of 57 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Walters, MN?
The median household income in Walters is $38,125, which is 53% lower than the national median of $80,734.
What is the poverty rate in Walters, MN?
The poverty rate in Walters is 33.3%. This means approximately 19 residents live below the federal poverty line.
What is the racial makeup of Walters, Minnesota?
Walters's population is 91.2% White, 0.0% Black, 8.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Walters, MN?
The Census Bureau does not publish a reliable median home value estimate for Walters — there are too few owner-occupied homes in the ACS sample. The national median is $332,700.
How educated is Walters, Minnesota?
11.6% of adults (25+) in Walters hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.