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Walton

Learn about the people, housing, costs and businesses in Walton, Kentucky

Median Home$263,053
Median Rent$1,297/month
Population5,568
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade10% finance & insurance
Home Value Growth⬆⬆+15.1% over 2 years
Family-Friendly38% of residentstop 1% nationally
Homeowners74% of occupied units
Walton
KY

Frequently Asked Questions

What are today's mortgage rates in Walton?

As of today, the 30-year fixed mortgage rate for Walton is approximately 6.984% (7.023% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Walton?

The median home value in Walton is $263k. The median monthly rent is $1,297. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walton?

Home values in Walton have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Walton?

Based on a typical all-in ownership cost of $1,325/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Walton is $80k/year.

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What industries drive the economy in Walton?

The largest employment sectors in Walton are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.