Walker, IA
Population 731 · Iowa
About Walker, IA
Walker is a small community located in Iowa with a population of 731 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,556 per year, which is 7% above the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Walker features a median home value of $162,100, which is 34% below the national median of $244,900. This positions Walker in a moderately priced market relative to the rest of the country. Median monthly rent is $783, 33% below the national average of $1,163/month. Of the 291 total housing units, 82% are owner-occupied (221 units) and 18% are renter-occupied (49 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walker shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walker have an average one-way commute time of 32.5 minutes.
Education & Demographics
16.2% of Walker residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Walker, IA
Compared to national averages, Walker has a median household income of $80,556 (7% above the national median of $75,149). Home values average $162,100, which is 34% below the national median. Monthly rent at $783 is 33% below the US average of $1,163. Within Iowa, Walker's income is 19% above the state average of $67,947, and home values are 23% above the state median of $132,237.
Why Live in Walker, IA?
Walker offers a strong local economy with a median household income of $80,556, well above the national average, and affordable housing with a median home value of $162,100, below the US average of $244,900, and rent that’s lower than the national average at $783/month. Additionally, the city features a low poverty rate of 10.4%, better than the national average.
Walker has a population of 731 with a median age of 35.9 years. Compare Walker with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Walker
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morning Sun | 733 | $63,500 | $90,300 | Compare |
| Gilbertville | 736 | $83,750 | $187,500 | Compare |
| Denmark | 738 | $105,714 | $193,200 | Compare |
| Ainsworth | 723 | $67,115 | $110,300 | Compare |
| Middle Amana | 739 | $96,211 | $251,500 | Compare |
| Melbourne | 714 | $82,857 | $147,400 | Compare |
| Quasqueton | 749 | $64,531 | $128,100 | Compare |
| Colo | 751 | $73,125 | $147,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Walker With Other Cities
Frequently Asked Questions about Walker
What is the population of Walker, IA?
The population of Walker, IA is 731 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Walker?
The median household income in Walker, IA is $80,556 per year, which is 7% above the national median of $75,149.
What is the median home value in Walker?
The median home value in Walker, IA is $162,100, which is 34% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walker?
The median monthly rent in Walker, IA is $783, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Walker?
The unemployment rate in Walker, IA is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Walker, IA a good place to live?
Walker offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 731 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Walker, IA?
16.2% of residents in Walker aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Walker?
Key cost-of-living indicators for Walker, IA: median home value is $162,100 (34% below national), median rent is $783/month, and median household income is $80,556. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walker?
The poverty rate in Walker, IA is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walker, IA?
Walker's population is 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 1.1% of residents are foreign-born.