Walton is a very small city located in the state of Kentucky. With a population of 3,907 people and three constituent neighborhoods, Walton is the 112th 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 $61,835.00.
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 service providers. There are especially a lot of people living in Walton who work in office and administrative support (22.50%), management occupations (9.72%), and sales jobs (8.08%).
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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Walton really has some of the features that families look for when choosing a good community to raise children. Is Walton perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
The population of Walton overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Walton, 21.52% have at least a bachelor's degree.
The per capita income in Walton in 2010 was $23,682, 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 $94,728 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 Black or African-American. Important ancestries of people in Walton include Irish, English, Scottish, and Dutch.
The most common language spoken in Walton is English. Other important languages spoken here include Spanish and Russian.