Living in Walton, Indiana
Cost of living, income, home prices, rent and demographics of Walton · Census data 2020–2024
Walton has 827 residents with a median age of 50.6. The median household income is $45,660 (37% lower than the Indiana median), the median home value is $98,600, the median rent is $633/month.
Walton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Walton at a glance
- Population
- 827
- Median age
- 50.6State: 38.1
- Median household income
- $45,660State: $71,957
- Median home value
- $98,600State: $218,200
- Median rent
- $633/moState: $1,062
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 9.6%
- Average commute
- 21 min
Is Walton a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 37% lower than the Indiana median; unemployment of 4.6%; a poverty rate of 20.8%.
The weather is best in June to September.
Cost of living in Walton
Housing is the biggest part of the cost of living. In Walton the median home value is $98,600, 70% lower than the U.S. median. Renters pay a median of $633 per month, which is 36.1% of household income. Homeowners with a mortgage pay $979 a month in housing costs.
Walton median household income
The median household income in Walton is $45,660 and the income per person is $31,641. 20.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Walton: homes for sale and rent
- Housing units
- 419
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.02
Walton demographics
- Population
- 827
- Median age
- 50.6
- Under 18
- 18%
- 65 and older
- 16.2%
- Households
- 409
- Foreign-born
- 14.3%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Walton ›
Education in Walton
9.6% of adults 25 and older in Walton have a bachelor's degree or higher (Indiana: 29.5%), and 4.1% have a graduate or professional degree.
Jobs and commute in Walton
- Unemployment rate
- 4.6%State: 4.3%
- Average commute
- 21 minState: 24 min
- Work from home
- 5.9%
- Drive alone
- 88.7%
- Public transit
- 1.6%
- Walk to work
- 0.8%
- Homes with broadband
- 85.8%
Walton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Walton | 827 | $45,660 | $98,600 | $633 |
| Onward | 202 | $78,125 | — | — |
| Anoka | 398 | $35,795 | $12,000 | $940 |
| Grissom AFB | 2,977 | $55,104 | $79,000 | $878 |
| Galveston | 1,363 | $56,927 | $130,300 | $633 |
| Bunker Hill | 940 | $52,973 | $91,600 | $686 |
| Miami | 409 | $78,750 | — | $905 |
| Logansport | 17,790 | $47,291 | $92,200 | $786 |
| Deer Creek | 183 | $60,625 | $111,900 | — |
More for people moving to Walton
Walton ZIP code ›Weather and climate ›Living in Walton: FAQ
What is the median household income in Walton, IN?
The median household income in Walton is $45,660, 37% 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 Walton?
The median home value in Walton is $98,600, compared with $218,200 in Indiana.
How much is rent in Walton?
The median gross rent in Walton is $633 per month, about 36.1% of household income.
Is Walton, IN a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 21 minutes. Minuses: median household income 37% lower than the Indiana median; unemployment of 4.6%; a poverty rate of 20.8%.
What is the median age in Walton?
The median age in Walton is 50.6 years (Indiana: 38.1).
How long is the commute in Walton?
The average commute to work in Walton is 21 minutes; 5.9% of workers work from home.
What is the unemployment rate in Walton?
The unemployment rate in Walton is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Walton?
9.6% of adults in Walton 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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