Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Walton is a small city located in the state of Kentucky. The city has a population of 4,473 inhabitants. At 96%, the majority of the Walton population is White; this is followed by 2% Asian and 0% Black. Walton could be a great place for young adults and students as the average age of 30 years old is below the nation’s average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Walton, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Walton could be a positive experience compared to other cities in Kentucky if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Walton, AreaVibes has created a livability score using key metrics like amenities, health & safety, employment and more.
The livability score in Walton is 71 out of 100 and the city is ranked in the 79th percentile of all cities across America. For each of the livability categories, we know that Walton ranks very well for crime (A+), cost of living (A), education (B), employment (A) and housing (A+). There is at least one category that you should be aware of in Walton. The following was graded with a discouraging score: amenities (F).
The unemployment rate in Walton has consistently declined over the years and currently stands well below the national average at 2.2%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Walton can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Walton meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Walton. Everything else becomes a lot less important if it turns out that home prices in Walton are simply unattainable. The median home price for Walton homes is $305,141, which is 35.5% higher than the Kentucky average. If we take a closer look at the affordability of homes in Walton, we’ll see that the home price to income ratio is 2.8, which is 17.6% lower than the Kentucky average.
| Statistic | Walton | Kentucky | National |
| Average one way commute | 23min | 23min | 26min |
| Workers who drive to work | 87.6% | 82.2% | 76.4% |
| Workers who carpool | 5.0% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.8% | 2.4% | 2.8% |
| Working from home | 5.6% | 3.3% | 4.6% |
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