Living in Walton, Kentucky

Cost of living, income, home prices, rent and demographics of Walton · Census data 2020–2024

Walton has 5,730 residents with a median age of 29.9. The median household income is $77,917 (22% higher than the Kentucky median), the median home value is $262,200, the median rent is $1,306/month.

Walton at a glance

Population
5,730
Median age
29.9State: 39.1
Median household income
$77,917State: $63,726
Median home value
$262,200State: $205,600
Median rent
$1,306/moState: $967
Homeowners
73.2%
Bachelor's degree or higher
32.6%
Average commute
30 min

Is Walton a good place to live?

Pros: Median household income 22% higher than the Kentucky median; unemployment of 3.2%; a poverty rate of 13%.

Cons: Home values 28% higher than the state median; an average commute of 30 minutes.

The weather is best in May–June and August–September.

Cost of living in Walton

Housing is the biggest part of the cost of living. In Walton the median home value is $262,200, 21% lower than the U.S. median. Renters pay a median of $1,306 per month, which is 28.7% of household income. Homeowners with a mortgage pay $1,635 a month in housing costs.

Median home value

Walton$262,200
Kentucky$205,600
United States$332,700

Median monthly rent

Walton$1,306
Kentucky$967
United States$1,413

Walton median household income

The median household income in Walton is $77,917 and the income per person is $28,294. 13% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Walton$77,917
Kentucky$63,726
United States$80,734

Housing in Walton: homes for sale and rent

Housing units
1,766
Owner-occupied
73.2%
Renter-occupied
26.8%
Vacant
3.9%Includes seasonal homes
Median year built
2002
Average household size
3.37

Walton demographics

Population
5,730
Median age
29.9
Under 18
40.9%
65 and older
7.5%
Households
1,697
Foreign-born
4.8%
Veterans
5%Adults 18+

Race and ethnicity

White88.3%
Hispanic or Latino2%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Walton ›

Education in Walton

32.6% of adults 25 and older in Walton have a bachelor's degree or higher (Kentucky: 27.6%), and 14.2% have a graduate or professional degree.

Bachelor's degree or higher

Walton32.6%
Kentucky27.6%
United States35.7%

Jobs and commute in Walton

Unemployment rate
3.2%State: 4.9%
Average commute
30 minState: 24 min
Work from home
9.4%
Drive alone
77.3%
Public transit
1%
Walk to work
1.2%
Homes with broadband
92.5%

Walton vs nearby towns

TownPopulationMedian incomeHome valueRent
Walton5,730$77,917$262,200$1,306
Verona1,394$144,507$451,600—
Crittenden4,084$57,283$223,800$934
Union7,642$136,712$411,500$1,657
Independence29,392$102,361$263,700$1,250
Elsmere9,205$60,503$171,900$1,351
Florence32,803$71,003$210,700$1,329
Oakbrook10,211$94,652$260,700$1,665
Edgewood8,447$119,028$312,200$1,073

More for people moving to Walton

Walton ZIP code ›Weather and climate ›

Living in Walton: FAQ

What is the median household income in Walton, KY?

The median household income in Walton is $77,917, 22% higher than the Kentucky median of $63,726 (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 $262,200, compared with $205,600 in Kentucky.

How much is rent in Walton?

The median gross rent in Walton is $1,306 per month, about 28.7% of household income.

Is Walton, KY a good place to live?

Pluses: median household income 22% higher than the Kentucky median; unemployment of 3.2%; a poverty rate of 13%. Minuses: home values 28% higher than the state median; an average commute of 30 minutes.

What is the median age in Walton?

The median age in Walton is 29.9 years (Kentucky: 39.1).

How long is the commute in Walton?

The average commute to work in Walton is 30 minutes; 9.4% of workers work from home.

What is the unemployment rate in Walton?

The unemployment rate in Walton is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Walton?

32.6% 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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