Walton is a somewhat small city located in the state of Kentucky. With a population of 5,629 people and three associated neighborhoods, Walton is the 83rd largest community in Kentucky. Walton has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Walton, where the median household income is $76,375.00.
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 9.51% 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 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 overall education level of Walton citizens is substantially higher than the typical US community, as 31.95% of adults in Walton have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Walton in 2022 was $29,872, which is upper middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $119,488 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 Scottish.
The most common language spoken in Walton is English. Other important languages spoken here include Spanish and Russian.