Walton is a town in Delaware County, New York, United States. The population was 5,576 at the 2010 census. The Town of Walton contains a village of Walton. The town claims to be the "Scarecrow capital of the World. " The town is in the west-central part of the county. The town was formed in 1797 from the Town of Franklin. The original settlement area, near the site of the Village of Walton, occurred in 1785.