Walton, IN
Population 734 · Indiana
About Walton, IN
Walton is a small community in Indiana with a population of 734 residents. The median household income is $46,176 per year, which is below the national average. The median age in Walton is 52.3 years.
Housing in Walton has a median home value of $89,200 and median monthly rent of $630. Of the 384 total housing units, the majority are owner-occupied, with 268 owner-occupied and 100 renter-occupied units.
The unemployment rate in Walton is 4.7% and the poverty rate is 18.0%. 9.6% of residents hold a bachelor's degree or higher. The average commute time is 20.8 minutes.
How Walton Ranks in Indiana
Cost of Living in Walton, IN
Compared to national averages, Walton has a median household income of $46,176 (39% below the national median of $75,149). Home values average $89,200, which is 64% below the national median. Monthly rent at $630 is 46% below the US average of $1,163. Within Indiana, Walton's income is 33% below the state average of $69,330, and home values are 45% below the state median of $163,409.
Why Live in Walton, IN?
Walton offers affordable housing with a median home value of $89,200, below the US average of $244,900, and rent that’s lower than the national average at $630/month, and short commute times averaging just 20.8 minutes.
Potential considerations include median household income ($46,176) that falls below the national average. However, Walton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walton has a population of 734 with a median age of 52.3 years. Compare Walton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Walton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Browns Crossing | 731 | $155,467 | $0 | Compare |
| Dugger | 731 | $58,585 | $79,400 | Compare |
| Waldron | 729 | $88,333 | $114,700 | Compare |
| Pleasant View Village | 741 | $94,395 | $192,100 | Compare |
| Mount Summit | 742 | $0 | $211,000 | Compare |
| Lake Eliza | 725 | $85,286 | $168,000 | Compare |
| Oaktown | 724 | $30,417 | $67,700 | Compare |
| Oldenburg | 746 | $77,692 | $254,000 | 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.
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Frequently Asked Questions about Walton
What is the population of Walton, IN?
The population of Walton, IN is 734 according to the latest Census data.
What is the median household income in Walton?
The median household income in Walton, IN is $46,176 per year.
What is the median home value in Walton?
The median home value in Walton, IN is $89,200.
What is the average rent in Walton?
The median monthly rent in Walton, IN is $630.
What is the unemployment rate in Walton?
The unemployment rate in Walton, IN is 4.7%.