Walters, OK
Population 2,173 · Oklahoma
About Walters, OK
Walters is a small town located in Oklahoma with a population of 2,173 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,875 per year, which is 32% below the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Walters features a median home value of $127,100, which is 48% below the national median of $244,900. This makes Walters one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $699, 40% below the national average of $1,163/month. Of the 1,101 total housing units, 73% are owner-occupied (588 units) and 27% are renter-occupied (223 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walters shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 32.0%, above the national average of 12.4%. Workers in Walters have an average one-way commute time of 21 minutes.
Education & Demographics
18.4% of Walters 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 6.9% White, 19.7% Hispanic or Latino, 0.3% Black or African American, and 0.3% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Walters, OK
Compared to national averages, Walters has a median household income of $50,875 (32% below the national median of $75,149). Home values average $127,100, which is 48% below the national median. Monthly rent at $699 is 40% below the US average of $1,163. Within Oklahoma, Walters's income is 10% below the state average of $56,382, and home values are 6% above the state median of $119,992.
Why Live in Walters, OK?
Walters offers affordable housing with a median home value of $127,100, below the US average of $244,900, and rent that’s lower than the national average at $699/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features short commute times averaging just 21 minutes.
Potential considerations include median household income ($50,875) that falls below the national average. However, Walters’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walters has a population of 2,173 with a median age of 39.8 years. Compare Walters with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Walters
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Spiro | 2,205 | $38,667 | $97,500 | Compare |
| Pink | 2,214 | $71,139 | $128,700 | Compare |
| Commerce | 2,259 | $35,298 | $71,500 | Compare |
| Drumright | 2,315 | $43,869 | $85,000 | Compare |
| Krebs | 2,031 | $48,452 | $102,800 | Compare |
| Newkirk | 2,024 | $53,125 | $99,000 | Compare |
| Antlers | 2,341 | $33,571 | $95,800 | Compare |
| Chouteau | 2,005 | $51,081 | $171,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Walters With Other Cities
Frequently Asked Questions about Walters
What is the population of Walters, OK?
The population of Walters, OK is 2,173 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Oklahoma.
What is the median household income in Walters?
The median household income in Walters, OK is $50,875 per year, which is 32% below the national median of $75,149.
What is the median home value in Walters?
The median home value in Walters, OK is $127,100, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walters?
The median monthly rent in Walters, OK is $699, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Walters?
The unemployment rate in Walters, OK is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walters, OK a good place to live?
Walters offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,173 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Walters, OK?
18.4% of residents in Walters 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 Walters?
Key cost-of-living indicators for Walters, OK: median home value is $127,100 (48% below national), median rent is $699/month, and median household income is $50,875. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walters?
The poverty rate in Walters, OK is 32.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Walters, OK?
Walters's population is 6.9% White, 19.7% Hispanic or Latino, 0.3% Black or African American, 0.3% Asian, and 0.7% two or more races. 0.7% of residents are foreign-born.