Tim Walz, known for his role as the governor of Minnesota, also played the political spotlight as Kamala Harris' vice presidential running mate. He earns a substantial salary, with his earnings as governor totaling approximately $210,000 annually, a figure notably higher than the median U.S. household income of $80,610. However, despite this impressive income, his estimated net worth suggests he stands shoulder-to-shoulder with the typical American family in terms of financial holdings.

According to a federal disclosure form filed in August, Walz's net worth is estimated at between $117,000 and $330,000. Much of Walz's financial assets are invested in a retirement account. This positions him closely aligned with the median U.S. household net worth of $193,000, despite holding a high-profile and well-compensated position in public administration. His financial standing offers a stark contrast to other political figures, such as Republican vice presidential candidate JD Vance, whose net worth ranges between $4.8 million and $11.3 million. Similarly, Walz is financially distant from former Vice President Nelson Rockefeller, whose wealth from his family fortune made him one of the richest vice presidents in U.S. history.

Throughout his career, Walz has primarily served in roles that are not typically associated with accumulating significant wealth. Before serving as governor, he spent many years as a public school teacher and football coach, positions known for their modest salaries. Additionally, Walz's career in politics includes a 12-year stint as a U.S. congressman, a role that currently offers an annual salary of $174,000. While Walz's disclosure does not specify the value of his federal pension, analysts, including those from the Wall Street Journal, suggest it could be worth as much as $800,000.

Further illustrating his financial landscape, Walz also benefits from a pension with the Teachers' Retirement Association of Minnesota, though its precise value was not listed on the disclosure form. Under this plan, he qualifies for a monthly pension payment of approximately $1,111. Notably absent from his asset list is homeownership. As of 2023, he and his wife, Gwen, relocated to the University of Minnesota's Eastcliff Mansion due to renovations on the Minnesota governor's mansion.

The details of Walz's assets, as unveiled in his federal disclosure, include a Minnesota State Retirement plan valued between $100,001 and $250,000, a health savings plan ranging from $2,002 to $30,000, and a Wells Fargo account that holds between $15,001 and $50,000. These figures and assets highlight a financial profile that, while stable and respectable, underscores the governor's alignment with the financial realities of many average American households.