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Walker

Learn about the people, housing, costs and businesses in Walker, Minnesota

Median Home$299,900
Median Rent$642/month
Population910
Leading IndustriesWholesale Trade · Manufacturing · Professional Services11% wholesale trade
Home Value Growth+1.4% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners82% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAmenity Score68/100 · highly walkable area
Walker
MN

Frequently Asked Questions

What are today's mortgage rates in Walker?

As of today, the 30-year fixed mortgage rate for Walker is approximately 6.938% (6.976% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Walker?

The median home value in Walker is $300k. The median monthly rent is $642. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walker?

Home values in Walker have increased 1.4% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Walker?

Based on a typical all-in ownership cost of $936/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Walker is $66k/year.

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What industries drive the economy in Walker?

The largest employment sectors in Walker are public administration (22%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.