Walters, MN Profile: Facts & Data

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Walters, Minnesota - Basic Facts

The City of Walters had a population of 73 as of July 1, 2019.

The primary coordinate point for Walters is located at latitude 43.6058 and longitude -93.6733 in Faribault County. The formal boundaries for the City of Walters encompass a land area of 0.2 sq. miles and a water area of 0 sq. miles. Faribault County is in the Central time zone (GMT -6). The elevation is 1,263 feet.

The City of Walters (GNIS ID: 2397184) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Walters: City of Walters.

Jump to... (On This Page!)
  1. Walters 2019 Demographic Data
  2. Growth Rates for Walters (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Walters, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Walters, MN Housing Affordability Index is 0
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Walters, MN Wealth Index is 82
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 73 (100%)
Population in Households 73 (100.0%)
Population in Families 61 (83.6%)
Population in Group Quarters1 0
Population Density 365
Diversity Index2 18
 

INCOME

Median Household Income $58,152
Average Household Income $73,933
Per Capita Income $29,463
Wealth Index4 82

HOUSING

Total Housing Units 37 (100%)
Owner Occupied HU 26 (70.3%)
Renter Occupied HU 5 (13.5%)
Vacant Housing Units 6 (16.2%)
Median Home Value $117,857
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 31
Average Household Size 2.35
Family Households 21
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.0% -0.28%
Households 0.0% 0.0%
Families 0.53% 0.0%
Median Household Income   1.56%
Per Capita Income   2.42%

Walters, MN - Peer Comparisons by Rank and Percentile

The table below compares Walters to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 838 7th
Population Density # 595 34th
Diversity Index # 353 61st
Median Household Income # 469 48th
Per Capita Income # 542 40th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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