HomeMinnesotaFaribault CountyWalters city
Walters city, Minnesota: commercial real estate data.
Walters city is a Census city of 57 people across 0.20 square miles of land, in Faribault County. Median household income is $38,125, 76.9 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $76,000.
63 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Walters
What Walters is
- Census place typecity
- Land area0.2 sq mi
- Water area0 sq mi
- Population per square mile of land288 plus or minus 101
- County holding the largest share of its areaFaribault County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walters
How many people live in Walters
- Population57 plus or minus 20
- Median age53.3 plus or minus 16.8
- Population under 1814 plus or minus 12
- Share under 1824.6 percent plus or minus 19.4
- Population 65 and over15 plus or minus 15
- Share 65 and over26.3 percent plus or minus 25.3
- Households26 plus or minus 13
- Family households16 plus or minus 9
- Share of households that are families61.5 percent plus or minus 15.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walters
Income and work in Walters
- Median household income$38,125 plus or minus $23,918
- Per capita income$21,472 plus or minus $7,519
- Civilian labor force23 plus or minus 10
- Employed20 plus or minus 9
- Unemployed3 plus or minus 4
- Unemployment rate13.0 percent plus or minus 16.4
- Adults 25 and over43 plus or minus 19
- Adults 25 and over with a high school diploma or higher83.7 percent plus or minus 25.7
- Adults 25 and over with a bachelor degree or higher11.6 percent plus or minus 29.3
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walters
Housing in Walters
- Housing units35 plus or minus 16
- Occupied units26 plus or minus 13
- Vacant units9 plus or minus 12
- Vacancy rate25.7 percent plus or minus 32.2
- Owner occupied20 plus or minus 10
- Renter occupied6 plus or minus 9
- Ownership rate76.9 percent
- Single family units33 plus or minus 16
- Share single family94.3 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes2 plus or minus 4
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walters
How Walters gets to work
- Workers 16 and over who commute20 plus or minus 9
- Commuting under 15 minutes9 plus or minus 13
- Share commuting under 15 minutes45.0 percent plus or minus 62.6
- Commuting 30 minutes or more5 plus or minus 11
- Share commuting 30 minutes or more25.0 percent plus or minus 52.9
- Drove alone65.0 percent plus or minus 19.2
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked25.0 percent plus or minus 38.4
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walters
SBA loans in Walters (7(a))
- Approvals1
- Gross approval$76,000
- Average approval$76,000
- Median approval$76,000
- Ninetieth percentile approval$76,000
- Largest approval$76,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term48 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Faribault County, not Walters
Faribault County context, not Walters figures
These are Faribault County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Walters measurements.
- Establishments in Faribault County379
- Employment at those establishments, Faribault County3,758
- Covered employment, Faribault County4,549
- Average annual pay, Faribault County$51,879
- Average weekly wage, Faribault County$998
- Housing units permitted, Faribault County8
- Of those, single family, Faribault County8
- County product, 2024, Faribault County$788,396,000
- County product change over the prior year, Faribault County8.3 percent
- Average income of an arriving household, Faribault County$45,677
Every figure in this section is published for Faribault County as a whole and is not a measurement of Walters. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median owner-occupied home value is published for this place.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Walters questions, answered from the record.
How many people live in Walters, Minnesota?
57, in 26 households. Walters city covers 0.20 square miles of land, which is 288 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Walters in?
Faribault County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Walters?
$38,125. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Walters businesses?
1 7(a) approvals totalling $76,000, across 1 lenders, median approval $76,000. These count approvals to borrowers whose address is in Walters, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Walters borrowers get paid back?
No rate is published for Walters. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Walters figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Faribault County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Walters.
Is zoning published for Walters?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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