Residents, who fear someone will be killed or seriously injured on a busy stretch of road, have been told action will be taken to improve safety.
At a meeting on Friday night people living in Corby Old Village called for a zebra crossing in The Jamb.
The meeting, held in the community centre, off High Street, was organised by Corby councillor Ray Lilley.
Sarah Barnwell, community liaison officer with the county council’s highways department, told residents it was unlikely a zebra crossing would be provided.
But she said signs will be put up in High Street and The Jamb warning motorists of elderly people crossing the road.
In addition road markings are to be changed in a bid to slow down traffic and a section of The Jamb’s surface will be coloured buff to highlight the area used by pedestrians to cross.
She told residents: “I have conducted surveys in The Jamb and people seem to be able to cross reasonably easily.
“There is not enough room to create a crossing near The Jamb’s junction with High Street, as it would have to be at least 15 metres from the junction.
“To provide a crossing at the other end of The Jamb, near the post office, would mean losing five parking bays.”
Dennis Sellars, of Chapel Lane, in the Old Village, has collected 500 names on a petition calling for a zebra crossing.
Mr Sellars, who is partially-sighted, said; “People are risking their lives everyday trying to cross that road. It’s very difficult for the elderly and the disabled.”
The meeting was told that it would cost in the region of £30,000 to provide a zebra crossing.
Jenny Dixon-Nugent, who lives in the Old Village, said: “What is £30,000 compared to a life. Someone is going to be killed or injured unless something is done.”