Walkerton, IN
Population 2,052 · Indiana
About Walkerton, IN
Walkerton is a small town located in Indiana with a population of 2,052 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,521 per year, which is 17% below the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Walkerton features a median home value of $132,300, which is 46% below the national median of $244,900. This makes Walkerton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $807, 31% below the national average of $1,163/month. Of the 828 total housing units, 74% are owner-occupied (547 units) and 26% are renter-occupied (196 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walkerton shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walkerton have an average one-way commute time of 29.4 minutes.
Education & Demographics
21.2% of Walkerton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.1% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Walkerton, IN
Compared to national averages, Walkerton has a median household income of $62,521 (17% below the national median of $75,149). Home values average $132,300, which is 46% below the national median. Monthly rent at $807 is 31% below the US average of $1,163. Within Indiana, Walkerton's income is 10% below the state average of $69,330, and home values are 19% below the state median of $163,409.
Why Live in Walkerton, IN?
Walkerton offers affordable housing with a median home value of $132,300, below the US average of $244,900, and rent that’s lower than the national average at $807/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 5.8%, better than the national average.
Potential considerations include median household income ($62,521) that falls below the national average. However, Walkerton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walkerton has a population of 2,052 with a median age of 34.1 years. Compare Walkerton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Walkerton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Veedersburg | 2,066 | $59,125 | $100,600 | Compare |
| Southport | 2,036 | $69,148 | $186,500 | Compare |
| West Terre Haute | 2,073 | $49,770 | $72,300 | Compare |
| Vevay | 2,087 | $47,014 | $122,100 | Compare |
| Rockport | 2,088 | $43,333 | $105,000 | Compare |
| Monrovia | 2,090 | $91,375 | $216,500 | Compare |
| North Judson | 2,094 | $59,630 | $128,700 | Compare |
| Greentown | 2,005 | $57,917 | $116,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Walkerton With Other Cities
Frequently Asked Questions about Walkerton
What is the population of Walkerton, IN?
The population of Walkerton, IN is 2,052 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Walkerton?
The median household income in Walkerton, IN is $62,521 per year, which is 17% below the national median of $75,149.
What is the median home value in Walkerton?
The median home value in Walkerton, IN is $132,300, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walkerton?
The median monthly rent in Walkerton, IN is $807, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Walkerton?
The unemployment rate in Walkerton, IN is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walkerton, IN a good place to live?
Walkerton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,052 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Walkerton, IN?
21.2% of residents in Walkerton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Walkerton?
Key cost-of-living indicators for Walkerton, IN: median home value is $132,300 (46% below national), median rent is $807/month, and median household income is $62,521. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walkerton?
The poverty rate in Walkerton, IN is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walkerton, IN?
Walkerton's population is 3.1% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 1.8% two or more races. 2.2% of residents are foreign-born.