Walton is a somewhat small city located in the state of Kentucky. With a population of 5,803 people and three associated 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 $77,917.00.
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.
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.
A relatively large number of people in Walton telecommute to their jobs. Overall, about 9.36% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
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 substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 32.57% of adults in Walton have a college degree.
The per capita income in Walton in 2022 was $28,294, which is middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $113,176 for a family of four. However, Walton contains both very wealthy and poor people as well.
Walton is a somewhat ethnically-diverse city. 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 Native Hawaiian. Important ancestries of people in Walton include German, Irish, English, Italian, and Scots-Irish.
The most common language spoken in Walton is English. Other important languages spoken here include Spanish and French.