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, Kentucky is a small city with a population of 4,343 people. If we look at the most recent Census, Walton is known to have a predominantly White population. The next two most common races are Asian and Black. With an average age of 30 years old, Walton could be a great place to live for young adults as this age is well below the national average. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Walton, your commute times will be about average, with a one way commute time of 23 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Walton, Kentucky could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, education, housing, you can easily compare the best places to live in Walton and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Walton to Kentucky and the national average.
Walton, KY receives 70/100 for its livability score; this results in a ranking of #126 in Kentucky and #6,184 in the USA. Based on the rankings for each individual category, Walton has been rewarded with high marks for crime (A), cost of living (A+), education (B+), employment (A-) and housing (A+). Unfortunately for Walton, there are some categories for which it does not score well, this includes: amenities (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Walton, the unemployment rate stands at 2.05%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Walton apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Walton is actually affordable. Median real estate prices in Walton come in at $165,500, which is 31.2% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Walton, the home price to income ratio is 2.2, which is 21.4% 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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