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Waltham, MA

Full City Profile · Massachusetts · Middlesex County County

3.5 /5.0
B+ Good
64,723 Population 5,076/sq mi density
$116,560 Median Income $58,065 per capita
$705,700 Home Value $802,136 Zillow
$2,232 Median Rent 27.4% income on rent
51°F Avg Temperature 246 sunny days/yr
163 Violent Crime/100K 816 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$116,560 median income, 2.5% unemployment
B
Affordability
3.3 / 5.0
$705,700 home value, $2,232/mo rent
F
Safety
1.0 / 5.0
163 violent crimes/100K
A+
Education
5.0 / 5.0
56.4% bachelor's degree or higher

Income Overview

Median Household Income
$116,560
55% above
US avg: $75,149
Per Capita Income
$58,065
49% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%

Income Comparison: Waltham vs. U.S. Average

Each bar shows Waltham’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$116,560
155%
Per Capita
US: $39,052
$58,065
149%
IRS Avg AGI
US: $72,000
$152,234
211%
Avg Weekly Wage
US: $1,432
$2,187
153%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$2,187
53% above US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
20.0%
32% above US avg (15.2%)
Drive Alone
55.6%
24% below US avg (73.2%)
Public Transit
5.4%
8% above US avg (5.0%)
County GDP
$240,665M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 55.6%
Public Transit 5.4%
Work From Home 20%
Other 19%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
58,457
Restaurants
3,917
Healthcare
5,066
Retail
4,730
Manufacturing
1,511

Tax & Financial

IRS Avg Adjusted Gross Income
$152,234
111% above US avg ($72,000)
Avg Property Tax
$10,825
209% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$116,560
Per Capita Income$58,065
IRS Avg Adjusted Gross Income$152,234
Avg Weekly Wage$2,187
County GDP$240,665M

Hardship Indicators

Unemployment Rate2.5%
Poverty Rate4.3%
Gini Coefficient0.472
Cost of Living Index105.8

Commute

Mean Commute25 minutes
Drive Alone55.6%
Public Transit5.4%
Work From Home20.0%

Businesses

Total Establishments58,457
Restaurants3,917
Healthcare5,066
Retail4,730
Manufacturing1,511

Tax

IRS Avg AGI$152,234
Avg Property Tax$10,825