Walton, Kentucky is a small town located in Boone County, with a population of just over 4,000 people. The housing market in Walton is surprisingly affordable compared to other parts of the United States, as the average rent for a two-bedroom residence is $1,210. This compares favorably to the US average of $1,430. Additionally, grocery costs are also lower than average when compared to national averages. The local index for groceries in Walton is 101 versus 100 nationally.
Living in Walton gives residents access to several local businesses such as Harrod Concrete & Stone Co., AccuTec Roofing & Construction LLC., Boone County Grain & Feed Co., and Walton Lumber Co Inc. There are also plenty of restaurants in the area such as Mynt Fusion Cuisine and Mr Stuff's Wings & Pizza. All these businesses provide excellent services at reasonable prices, making it easy for residents of Walton to enjoy their daily lives without breaking their budget. Overall, Walton has an affordable cost of living that makes it ideal for anyone looking for a change from the higher prices found in bigger cities around the country.
Walton (zip 41094) has an unemployment rate of 4.2%. The US average is 6.0%.
Walton (zip 41094) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Walton (zip 41094)
- The Sales Tax Rate for Walton (zip 41094) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Walton (zip 41094) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Walton (zip 41094)
- The average income of a Walton (zip 41094) resident is $29,538 a year. The US average is $28,555 a year.
- The Median household income of a Walton (zip 41094) resident is $86,618 a year. The US average is $69,021 a year.