Walker, MN Economy


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Walker, MN is a quaint town located in the northern part of the state. It is home to many local businesses such as Walker Dental Care, Lazy Dog Outfitters, and The Green Grocer. The town offers numerous recreational activities to its residents such as hiking and fishing at Leech Lake, visiting one of the many wineries in the area, or spending a day exploring the shops in downtown Walker. With an affordable 2 bedroom rent of only $800 compared to the US average of $1,430, Walker is an economical place for families to live. The grocery cost index is also favorable when compared to the US with 98 in Walker versus 100 in the US. All these factors combine to make Walker an attractive place to call home.

Walker has an unemployment rate of 8.4%. The US average is 6.0%.

Walker has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for Walker
- The Sales Tax Rate for Walker is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Walker is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Walker
- The average income of a Walker resident is $22,618 a year. The US average is $28,555 a year.
- The Median household income of a Walker resident is $34,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalker, MinnesotaUnited States
  8.46
  -5.2%-6.2%
  51.3%33.5%
  7.4%6.2%
  7.1%4.6%
  $24,844$37,638
  $34,583$69,021
  $52,273$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.9%6.8%
  3.7%10.0%
  0.0%2.5%
  33.1%11.0%
  0.0%4.8%
  0.0%0.8%
  2.6%1.9%
  4.6%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  0.0%4.2%
  2.6%9.3%
  10.4%14.0%
  0.9%2.1%
  22.5%7.0%
  2.0%4.8%
  5.2%4.7%
Reviews for Walker
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I've had a lake house nearby for nearly 20 years. It's a quiet, nice place to live for much of the year when full seasons are available. Lush greenery and moderate  More

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Over 7 years ago

Small tourist town on beautiful Leech Lake. Town has numerous small gift shops of many varieties. World class bike trails. Come to fish, bike or shop. Great place to  More

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Over 18 years ago

Small town Great People Shop only 30 min. away... Fishing Boating Snowmobiling Hunting Sking snow or water sail boats , deep vast water....Low cost of living.. House  More

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