Walton, NE Economy


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Walton, Nebraska is a small town located in the Midwest region of the United States. It's known for its laid-back atmosphere and friendly people. Despite its rural location, Walton boasts some great amenities such as a variety of local businesses and services. Residents can find all their basic needs met at places like Palermo’s Grocery Store, Walton Hardware & Lumber Supply, Walton Veterinary Clinic, and The Burger Stande. With an average two bedroom rent of $1,410 per month compared to the US average at $1,430 per month it’s easy to see why so many people are choosing to make Walton their home. Plus there is also a lower grocery cost index in Walton at 106 versus 100 in the US which makes living here even more affordable.

Walton has an unemployment rate of 2.9%. The US average is 6.0%.

Walton has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Walton
- The Sales Tax Rate for Walton is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Walton is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Walton
- The average income of a Walton resident is $62,429 a year. The US average is $28,555 a year.
- The Median household income of a Walton resident is $43,690 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalton, NebraskaUnited States
  2.96
  -2.2%-6.2%
  31.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $66,891$37,638
  $43,690$69,021
Family Median Income 85028
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