Waltham city, Massachusetts
CityPopulation: 64,723 (2023 estimate)
Located in Massachusetts , Massachusetts
Census Bureau data for Waltham city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Waltham city
- What is the median household income in Waltham city?
- The median household income in Waltham city is $116,560 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Waltham city?
- The poverty rate in Waltham city is 4.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Waltham city?
- $705,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Waltham city?
- The median gross rent in Waltham city is $2,232 per month (U.S. Census Bureau ACS 2023).
- What percentage of Waltham city residents have a college degree?
- 56.4% of adults in Waltham city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
64,723
Median Income
$116,560
Median Home Value
$705,700
Poverty Rate
4.3%
Unemployment (ACS 2023)
3.5%
Median Age
35.0 yrs
Since 2019
Median Income:
+$20,596 (+21.5%)
Home Value:
+$169,200 (+31.5%)
Poverty Rate:
-1.0 pp (-18.9%)
Bachelor's+:
+2.2 pp (+4.1%)
Unemployment:
+0.5 pp (+16.7%)
Demographics
Total Population
64,723
Median Age
35.0
Female
50.7%
Race & Ethnicity
Hispanic or Latino 18.2%
White (non-Hisp.) 58.1%
Black 7.5%
Asian 12.9%
Two or More 9.2%
Other 7.3%
Asian Subgroups (% of total pop.)
Chinese
5.9%
Indian
3.6%
Vietnamese
0.9%
Korean
0.6%
Filipino
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
3.3%
Mexican
1.3%
Cuban
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$116,560
±$5,821
+$15,219 vs. state
Per Capita Income
$150,410
Median Family Income
$139,460
Poverty Rate
4.3%
-2.3 pp vs. state
Child Poverty Rate
7.2%
Working-Age Poverty Rate
—
SNAP Recipients
7.6%
Social Security Income
—
Retirement Income
19.4%
Household Income Distribution
< $10k
2.6%
$10–15k
2.8%
$15–25k
4.8%
$25–35k
4.5%
$35–50k
8.2%
$50–75k
10.2%
$75–100k
9.8%
$100–150k
20.0%
$150–200k
12.5%
$200k+
24.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
26,898
Owner-Occupied
48.8%
Renter-Occupied
51.2%
Vacancy Rate
4.4%
Median Home Value
$705,700
+$179,900 vs. state
Median Gross Rent
$2,232
Owner Cost Burden (30%+)
23.6%
Renter Cost Burden (30%+)
35.4%
Home Value Distribution
< $50k
0.5%
$50–100k
0.5%
$100–200k
0.5%
$200–300k
1.7%
$300–500k
12.9%
$500k–$1M
74.0%
$1M+
9.9%
Gross Rent Distribution
< $500
2.9%
$500–1k
8.1%
$1–1.5k
9.6%
$1.5–2k
19.6%
$2–2.5k
20.8%
$2.5–3.5k
17.5%
$3.5k+
21.3%
Vehicle Availability
No vehicle
7.8%
1 vehicle
39.2%
2 vehicles
40.7%
3+
12.3%
Housing Type
Single-fam. det.
36.8%
Single-fam. att.
7.8%
2–4 units
11.1%
5–19 units
10.4%
20+ units
13.2%
Mobile home
0.1%
Housing Age
Pre-1940
26.5%
1940–1969
6.6%
1970–1999
11.1%
2000–2009
7.6%
2010+
6.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
92.6%
Bachelor's or Higher
56.4%
+9.8 pp vs. state
Graduate Degree
27.4%
Some College / Associate
11.7%
Less Than High School
4.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
69.6%
Unemployment Rate
3.5%
-1.6 pp vs. state
Work from Home
20.0%
Self-Employed
4.8%
Government Workers
11.3%
Private For-Profit
83.7%
Industry
Edu/Health
28.9%
Prof. Services
18.3%
Manufacturing
11.1%
Retail
8.7%
Finance
6.9%
Arts/Entmt.
6.4%
Construction
5.2%
Information
2.9%
Public Admin
2.8%
Transportation
2.4%
Wholesale
1.3%
Agriculture
0.1%
Occupation
Management
57.7%
Sales
16.6%
Food Prep
14.6%
Construction
5.6%
Production
5.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.6 min
Drove Alone
55.6%
Carpool
10.2%
Public Transit
5.4%
Work from Home
20.0%
Walked
6.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
25,721
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
39.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.7%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.1%
5–9
3.4%
10–14
3.1%
15–19
7.8%
20–24
12.5%
25–34
17.9%
35–44
12.8%
45–54
9.9%
55–64
6.9%
65–74
5.2%
75–84
8.5%
85+
5.4%
Under 18: 13.4%
Working age (18–64): 86.6%
65 and over: 15.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
26.6%
Naturalized Citizen
45.4%
Speaks English Less Than Very Well
10.1%
Foreign-Born Origin
Asia
41.3%
Latin America
37.3%
Europe
10.9%
Africa
7.1%
Veterans & Disability
Veteran
2.4%
With a Disability
10.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.4%
Uninsured
2.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.9%
Has a Computer
96.4%
Same House 1 Year Ago
82.3%
Moved from Abroad
2.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023