Walton is a somewhat small city located in the state of Kentucky. With a population of 5,460 people and three constituent neighborhoods, Walton is the 83rd largest community in Kentucky. There's nothing like the smell of a brand new house, and in Walton, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Walton, and putting down their money on brand new construction. Walton’s real estate is, on average, some of the newest in the nation. Walton does seem to be experiencing an influx of affluent people, because the median household income is $73,750.00.
Walton real estate is some of the most expensive in Kentucky, although Walton house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Walton is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Walton is a city of sales and office workers, professionals, and construction workers and builders. There are especially a lot of people living in Walton who work in office and administrative support (14.31%), healthcare (11.19%), and sales jobs (9.93%).
Also of interest is that Walton has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Walton is a great place for families with children to consider. First of all, many other families with children live here, making Walton a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Walton has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Walton’s overall crime rate is lower than average for the country.
Being a small city, Walton does not have a public transit system used by locals to get to and from work.
The education level of Walton citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 18.78% of adults 25 and older in Walton have a college degree.
The per capita income in Walton in 2018 was $25,759, which is upper middle income relative to Kentucky, and middle income relative to the rest of the US. This equates to an annual income of $103,036 for a family of four. However, Walton contains both very wealthy and poor people as well.
The people who call Walton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Walton residents report their race to be White, followed by Asian. Important ancestries of people in Walton include German, Irish, English, European, and Italian.
The most common language spoken in Walton is English. Other important languages spoken here include Russian and Thai.