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 $76,375.00.
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.
Telecommuters are a relatively large percentage of the workforce: 9.51% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Walton is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Walton’s overall crime rate is lower than average for the country.
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.