Walton town, Indiana Demographics & Population 2026

Name: Walton town, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

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Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Walton town, Indiana has a total population of 734, the 428th largest city in Indiana, with a median household income of $46,176, which is 34% lower than the state average. The poverty rate is 18.0%.

Key Takeaways

Household income is 34% below the state average, indicating significant economic challenges.
Only 9.6% of adults have a bachelor's degree, well below the national average of 35.0%.
Housing is very affordable with a home-value-to-income ratio of just 1.9x.

Walton town Quick Facts

Population 734

Median Household Income $46,176

Median Home Value $89,200

Poverty Rate 18.0%

Unemployment Rate 4.7%

Median Age 52.3 years

Homeownership Rate 72.8%

Affordability Ratio 1.9x

Bachelor's Degree or Higher 9.6%

High School Graduation Rate 80.6%

Diversity Index 27/100

Population 734 428th of 967

Median Income $46,176 bottom 20%

Poverty Rate 18.0% 45% higher national

Median Home Value $89,200 bottom 20%

How Walton town Compares

Median Household Income

Walton town

$46,176

$70,051

National

$78,538

Median Home Value

Walton town

$89,200

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 27.7%

$25K-$50K 31.5%

$50K-$100K 29.9%

$100K+ 10.9%

Employment

4.7% Unemployment Rate State: 4.3% | National: 5.2%

62.3% Labor Force Participation

Housing Overview

Owner 72.8%

Renter 27.2%

Affordability Index Very Affordable

1.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

12.9%

18-34

19.1%

35-54

25.3%

55-74

32.8%

75+

9.8%

Race & Ethnicity

Diversity Index

Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Walton town Rankings in Indiana

#428 Population of 967

#705 Median Income of 967

#647 Education of 967

#678 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Walton town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Mount Summit town	742	N/A	$211,000	18.5%	8.8%
Fountain City town	718	$46,106	$96,900	13.6%	15.8%
Royal Center town	747	$47,422	$84,100	21.1%	18.3%
Clarks Hill town	706	$45,875	$98,200	6.8%	16.9%
Cromwell town	703	$48,500	$111,800	10.5%	24.1%

Population Overview

Walton town is a small community located in Indiana. The total population is 734. It ranks as the 428th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Walton town is 52.3 years. This is 38% higher than the state median of 38.0 years. Only 12.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Walton town is $46,176. This is 34% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 41% lower. The poverty rate stands at 18.0%. This is 47% higher than the state poverty rate of 12.2%. The unemployment rate is 4.7%. This is 9% higher than the state rate of 4.3%. The median home value is $89,200. Housing costs are 56% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Walton town is one of the most affordable housing markets in the area. 72.8% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Walton town is White (non-Hispanic), making up 84.2% of the population. Hispanic or Latino residents account for 15.0%. The Hispanic or Latino population is significantly higher than the state average (15.0% vs 8.4%). The Asian population (0.3%) is well below the state average of 2.5%.

Education

9.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.6%.

Data Sources & Methodology

All demographic data for Walton town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Walton town, Indiana?

Walton town, Indiana has a population of 734 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Walton town, IN?

The median household income in Walton town is $46,176, which is 41% lower the national median of $78,538.

What is the poverty rate in Walton town, IN?

The poverty rate in Walton town is 18.0%. This means approximately 132 residents live below the federal poverty line.

What is the racial makeup of Walton town, Indiana?

Walton town's population is 84.2% White, 0.0% Black, 15.0% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Walton town, IN?

The median home value in Walton town is $89,200. The home-value-to-income ratio is 1.9x.

How educated is Walton town, Indiana?

9.6% of adults (25+) in Walton town hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.