Cost of Living in Walker, MI
Population: 25,201 • 2026 Data
$73,835
Median Household Income
-5% vs national
$1,121
Median Monthly Rent
-17% vs national
$266,400
Median Home Value
-21% vs national
2.9%
Unemployment Rate
Housing in Walker
The median home value in Walker, MI is $266,400. Monthly rent for a typical unit averages $1,121, while total monthly housing costs (including utilities and insurance) average $1,071.
Rent-to-income ratio: 18.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Walker, MI is $73,835. The unemployment rate stands at 2.9%, with a labor force of 14,221 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.