Walton is a very small city located in the state of Kentucky. With a population of 4,058 people and three constituent neighborhoods, Walton is the 112th largest community in Kentucky. Much of the housing stock in Walton was built relatively recently. The construction of new real estate can often be taken as an indication that the local Walton economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Walton, where the median household income is $67,132.00.
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.
Walton is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Walton is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Walton who work in office and administrative support (19.47%), sales jobs (10.35%), and healthcare (8.63%).
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.
In terms of college education, Walton is nearly on par with the US average for all cities of 21.84%: 20.39% of adults 25 and older in Walton have a bachelor's degree or advanced degree.
The per capita income in Walton in 2018 was $26,896, 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 $107,584 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 African languages.