Walters is located close to the center of Oklahoma. Walters is between the Cotton, Comanche county. Walters has 8.11 square miles of land area and 0.26 square miles of water area. As of 2010-2014, the total Walters population is 2,564, which has shrunk 3.50% since 2000. The population growth rate is much lower than the state average rate of 10.67% and is much lower than the national average rate of 11.61%. Walters median household income is $44,516 in 2010-2014 and has grown by 72.74% since 2000. The income growth rate is much higher than the state average rate of 38.43% and is much higher than the national average rate of 27.36%. Walters median house value is $69,100 in 2010-2014 and has grown by 35.23% since 2000. The house value growth rate is much lower than the state average rate of 62.66% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Walters is better than the state average in quality. The Walters area code is 580.