Tim Walz: A Look at His Income Sources

Tim Walz’s net worth is estimated to be just over $1 million

He earns about $127,000 annually as the Governor of Minnesota.

[{"selector":"#anim-fdd81d72-4c83-4251-80f1-adb647f86a69 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6f89319a-c80e-403a-85eb-b0cac736e5b1","keyframes":{"transform":["translate3d(117.72574%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20de72bc-05e2-48bb-9114-306c83f31c60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fcbbed71-cac9-4d83-8bab-a52b78e828ac","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

If elected as Vice President, his salary would increase to $235,100 per year.

[{"selector":"#anim-c39ae14f-f5ce-4a0c-b500-64abfb352097 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c8d6e5fe-6070-4faa-be12-c65448df293d","keyframes":{"transform":["translate3d(119.52862%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27462756-a0a9-436a-bb6d-b9f3577cf901","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-19fc5d1b-ad3c-4daf-a3ad-a6285092459f","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

Walz does not invest in stocks, bonds, or other securities.

[{"selector":"#anim-415d0e06-ca41-411e-ba94-b3186d5fce01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9d32e098-d485-4cc2-8e73-da45f753092a","keyframes":{"transform":["translate3d(117.54967%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5884aa6d-a13f-41ae-b547-f22d3702624e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26d56a31-5440-4ffb-83e0-7004cd105e30","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

His financial portfolio includes state and federal pensions from his time as a teacher and Congressman.

[{"selector":"#anim-b52f5851-0105-4f7c-b810-7b57c931ff46 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9f1ae15c-0a4f-4f46-ae1f-84d409fb76a2","keyframes":{"transform":["translate3d(118.09210%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e4bc14d-b14b-40c3-8ea8-0e3eb9c85f7e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8164bb80-4d11-4184-82be-17cb8906e2d0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

Walz and his wife sold their home in 2019 for $304,000.

[{"selector":"#anim-9539a843-c558-46df-9ee0-eedd4841cd25 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-16.058312932050328%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-20f3cbe6-0dff-4010-8033-f800eacce9e2","keyframes":{"transform":["translate3d(121.45328%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5cea9f10-72d5-463e-a576-66fd23fb7286","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a972763f-6ff5-41de-9767-0b986a2e2278","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

In 2023, the couple’s total income was about $299,000, with $135,000 coming from pensions or annuities.

[{"selector":"#anim-73c62eb2-8314-438e-95a9-6073820d0a08 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-5.923469338281606%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1eb635ed-c54d-4112-b68b-85cb29b81ef8","keyframes":{"transform":["translate3d(119.39799%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6883f61b-fee8-456a-90e3-07fbfc2ea830","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1c68ced-e5be-4539-92d4-e5783002aa33","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

He used $135,000 from his retirement savings to pay for his daughter’s college education.

[{"selector":"#anim-71cc873f-9e80-4a02-8761-c63b8a45f516 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4eaa3793-f260-414d-bdbf-24173d495d6a","keyframes":{"transform":["translate3d(119.39799%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2be32b2-60dd-467f-bf61-d6bf86fe2e2b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5daa2a87-30ac-4e59-842f-4b117df01326","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

His assets also include life insurance policies.

[{"selector":"#anim-54a4ee66-5030-49d9-9593-fd69b4db6900 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2a3a41fe-9540-4f73-b78f-90fdc4507515","keyframes":{"transform":["translate3d(120.06688%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d33ec40c-85fc-46fe-9561-baf1a03c54d9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ecd5514a-feca-488b-a80a-14b481eb95ed","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE

His wife, Gwen Walz, earns income from a Minnesota public school and a law firm

[{"selector":"#anim-d0e7393a-2290-4e3a-9692-0b1abbed6d56 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-14.095630240355298%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5f568c19-e945-4ae1-922f-908750eb682a","keyframes":{"transform":["translate3d(119.52862%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99bf2a02-9d54-4908-9d4a-9bb29635fb7e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50b2b857-4162-48b6-86a5-957b6600acf6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] IMAGE CREDITS-GOOGLE Learn more