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Walton city has held an annual "Old Fashion Day" every September since 1973 (the 175th birthday of Boone County). Waltonites decorate store windows with old-fashioned artifacts such as quilts, family heirlooms, old photographs. Some residents dress in period costumes. An annual beauty pageant is held, as well as a parade and a street fair with crafts, games, and live music.
A community library is located on 21 S. Main Street.
The City of Walton cooperates with the Boone County Parks Department to maintain the Walton Community Park. The park has soccer and softball fields, basketball courts, a paved hiking trail, shelters, picnic tables, a playground, and volleyball courts. There is also access to nearby public golf courses.
According to the United States Census Bureau, the city has a total area of 9.1 km² (3.5 mi²). 9.0 km² (3.5 mi²) of it is land and 0.28% is water.
There are 913 households out of which 41.3% have children under the age of 18 living with them, 54.3% are married couples living together, 14.6% have a female householder with no husband present, and 27.1% are non-families. 23.9% of all households are made up of individuals and 9.1% have someone living alone who is 65 years of age or older. The average household size is 2.67 and the average family size is 3.15.
In the city the population is spread out with 29.7% under the age of 18, 8.9% from 18 to 24, 32.6% from 25 to 44, 17.5% from 45 to 64, and 11.3% who are 65 years of age or older. The median age is 33 years. For every 100 females there are 90.4 males. For every 100 females age 18 and over, there are 84.9 males.
The median income for a household in the city is $42,462, and the median income for a family is $45,924. Males have a median income of $36,341 versus $24,858 for females. The per capita income for the city is $17,296. 7.7% of the population and 4.7% of families are below the poverty line. Out of the total people living in poverty, 9.1% are under the age of 18 and 7.2% are 65 or older.
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