Living in Walkerton, Indiana
Cost of living, income, home prices, rent and demographics of Walkerton · Census data 2020–2024
Walkerton has 2,115 residents with a median age of 34.9. The median household income is $65,340 (9% lower than the Indiana median), the median home value is $149,200, the median rent is $828/month.
Walkerton at a glance
- Population
- 2,115
- Median age
- 34.9State: 38.1
- Median household income
- $65,340State: $71,957
- Median home value
- $149,200State: $218,200
- Median rent
- $828/moState: $1,062
- Homeowners
- 69.2%
- Bachelor's degree or higher
- 22.6%
- Average commute
- 23 min
Is Walkerton a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 23 minutes; unemployment of 2.5%; a poverty rate of 6.4%.
Cons: Median household income 9% lower than the Indiana median.
The weather is best in May–June and August–September.
Cost of living in Walkerton
Housing is the biggest part of the cost of living. In Walkerton the median home value is $149,200, 55% lower than the U.S. median. Renters pay a median of $828 per month, which is 31.8% of household income. Homeowners with a mortgage pay $1,023 a month in housing costs.
Walkerton median household income
The median household income in Walkerton is $65,340 and the income per person is $28,524. 6.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Walkerton: homes for sale and rent
- Housing units
- 840
- Owner-occupied
- 69.2%
- Renter-occupied
- 30.8%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.57
Walkerton demographics
- Population
- 2,115
- Median age
- 34.9
- Under 18
- 26.4%
- 65 and older
- 16.1%
- Households
- 796
- Foreign-born
- 2.6%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Walkerton ›
Education in Walkerton
22.6% of adults 25 and older in Walkerton have a bachelor's degree or higher (Indiana: 29.5%), and 8.3% have a graduate or professional degree.
Jobs and commute in Walkerton
- Unemployment rate
- 2.5%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 4.4%
- Drive alone
- 84.5%
- Public transit
- 0.4%
- Walk to work
- 6.3%
- Homes with broadband
- 86.6%
Walkerton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Walkerton | 2,115 | $65,340 | $149,200 | $828 |
| Koontz Lake | 1,182 | $80,538 | $143,200 | $663 |
| North Liberty | 1,775 | $75,047 | $162,100 | $960 |
| Fish Lake | 684 | $80,976 | $190,800 | — |
| Hamlet | 1,039 | $73,542 | $112,300 | $895 |
| La Paz | 476 | $77,972 | $135,300 | $698 |
| Kingsford Heights | 1,358 | $57,830 | $120,500 | $889 |
| Lakeville | 735 | $62,772 | $136,500 | $797 |
| Plymouth | 10,664 | $58,623 | $131,800 | $957 |
More for people moving to Walkerton
Walkerton ZIP code ›Weather and climate ›Living in Walkerton: FAQ
What is the median household income in Walkerton, IN?
The median household income in Walkerton is $65,340, 9% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Walkerton?
The median home value in Walkerton is $149,200, compared with $218,200 in Indiana.
How much is rent in Walkerton?
The median gross rent in Walkerton is $828 per month, about 31.8% of household income.
Is Walkerton, IN a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 23 minutes; unemployment of 2.5%; a poverty rate of 6.4%. Minuses: median household income 9% lower than the Indiana median.
What is the median age in Walkerton?
The median age in Walkerton is 34.9 years (Indiana: 38.1).
How long is the commute in Walkerton?
The average commute to work in Walkerton is 23 minutes; 4.4% of workers work from home.
What is the unemployment rate in Walkerton?
The unemployment rate in Walkerton is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Walkerton?
22.6% of adults in Walkerton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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