Walters, MN

Full City Profile · Minnesota · Faribault County County

3.1 /5.0
B Good
82 Population 410/sq mi density
$35,781 Median Income $18,859 per capita
$52,500 Home Value $99,078 Zillow
46°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$35,781 median income, 23.7% unemployment
A+
Affordability
5.0 / 5.0
$52,500 home value, /mo rent
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher

Walters, MN

At a Glance

Median Income
$35,781
52% below
$18,859 per capita
Home Value
$52,500
81% below
Zillow: $99,078
Bachelor's Degree+
16.7%
50% below
86.7% high school+
Unemployment
23.7%
558% above
13.0% poverty rate
Obesity Rate
36.9%
15% above
17.3% smoking rate
Avg Temperature
46°F

How Walters Compares to the U.S. Average

Each bar shows Walters's value as a percentage of the national average (100% = U.S. avg)

Income
48%
Home Value
19%
Poverty
105%
Bachelor's
50%
Unemployment
658%
Thin vertical line = U.S. national average (100%)

Is Walters a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Walters residents earn a median household income of $35,781 , which is 52% below the national average of $75,149. Per capita income is $18,859. The unemployment rate stands at 23.7% (558% above the U.S. rate of 3.6%). 13.0% of residents live below the poverty line. The area is home to 492 business establishments, including 34 restaurants.

Housing & Cost of Living

The median home value in Walters is $52,500 , 81% below the national median of $281,900. Zillow estimates the typical home at $99,078. The cost of living index is 98.6 (100 = national average). The median home was built in 1938.

Education

16.7% of adults in Walters hold a bachelor's degree or higher (50% below the national average). 86.7% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Walters has an average annual temperature of 46°F (8°C). Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 33.3 inches.

Data Overview

People

Population82
Median Age51.0 yrs
Density410/mi²
Male / Female66% / 34%
Foreign Born0.0%
Veterans20.0%

Economy

C
Median Income$35,781
Per Capita$18,859
Unemployment23.7%
Poverty13.0%
County GDP$788M
Avg Weekly Wage$998

Housing

A+
Home Value$52,500
Rent
Ownership81.1%
Zillow$99,078
Housing Units42
Rent Burden24.8%

Health

Obesity36.9%
Diabetes9.2%
Smoking17.3%
Heart Disease5.9%
Premature Death7,137/100K

Climate

Avg Temp46°F
Rain33.3 in/yr
Elevation1,256 ft

Education

C
Bachelor's+16.7%
High School+86.7%
Graduate+0.0%
School Score6.0/10

Community

2024 VoteR 68% / D 30%
Commute25 min
Broadband62.2%
Internet Speed87 Mbps
EV Stations6
Libraries4

Did You Know?

The median home in Walters was built in 1938.
The nearest airport is Owatonna Degner Regional (41 miles).
The Gini coefficient (income inequality) is 0.424 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.8% of the population has a disability.
The county recorded 3 fatal vehicle crashes.