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Waltham, MN

Minnesota

Waltham is a small town in Minnesota with a population of 185. Residents earn $75,833 per year, which is 1% above the national average.

3.2 /5.0
B Good
185 Population 385/sq mi density
$75,833 Median Income $21,742 per capita
$112,500 Home Value $274,137 Zillow
$1,069 Median Rent 21.3% income on rent
45°F Avg Temperature 260 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$75,833 median income, 7.1% unemployment
A+
Affordability
5.0 / 5.0
$112,500 home value, $1,069/mo rent
F
Education
1.1 / 5.0
1.0% bachelor's degree or higher
Median Income $75,833
1% higher than US avg
Home Value $112,500
60% lower than US avg
Bachelor's+ 1.0%
97% lower than US avg
Median Rent $1,069
8% lower than US avg
Obesity Rate 36.0%
12% higher than US avg
Unemployment 7.1%
97% higher than US avg
Poverty Rate 8.5%
31% lower than US avg

How Waltham Compares to the U.S. Average (100% = U.S. avg)

People

Population185
Median Age30.8 yrs
Density385/mi²
Male / Female55% / 45%
Largest GroupWhite 100%
Veterans1.9%

Economy

B+
Median Income$75,833
Per Capita$21,742
Unemployment7.1%
Poverty8.5%
County GDP$2,995M
Commute19 min

Housing

A+
Home Value$112,500
Rent$1,069
OwnershipN/A
Zillow$274,137
Housing Units68
Rent Burden21.3%

Health

Obesity36.0%
Uninsured7.8%
Smoking14.7%
Depression26.4%
Heart Disease4.3%

Climate

Avg Temp45°F (7°C)
AQI36 (Good)
Rain36.2 in/yr
Sunny Days260/yr
Elevation1,316 ft (401 m)

Education

F
Bachelor's+1.0%
High School+84.5%
Graduate+0.0%
School Score6.08

Community

2024 VoteR 54% / D 44%
Commute19 min
Broadband58.0%
Libraries4

Is Waltham a Good Place to Live?

Based on current data, Waltham receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Waltham offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Waltham is $75,833, roughly in line with the national average of $75,149. The unemployment rate of 7.1% is somewhat elevated compared to the national rate of 3.6%. 8.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 19 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Waltham is $112,500, 60% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,069 per month. At just 1.5x median income, home prices are very affordable relative to local earnings.

Education

1.0% of residents hold a bachelor's degree, below the national average of 33.7%. 84.5% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Waltham has a cool climate with an average annual temperature of 45°F. Winters average 14°F in January while summers reach 71°F in July. With 260 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 36.2 inches, including 43.4 inches of snow. Air quality is rated Good with a median AQI of 36.

Waltham has a population of 185 with a density of 385 people per square mile. The median age is 30.8 years, 21% younger than the national median of 38.9. The city is predominantly White (100%).

Population

185
Total Population
385
People / sq mi
30.8yrs
Median Age
21% below US avg
0.5mi²
Land Area

Gender Distribution

Male 54.6%
Female 45.4%

Race & Ethnicity

Waltham vs U.S. Average

Language Spoken at Home

English Only76.5%
3% below US avg
Spanish23.5%
75% above US avg

Social Characteristics

Waltham vs U.S. Average

The median household income in Waltham is $75,833, which is 1% above the national average of $75,149. The unemployment rate is 7.1% (above the 3.6% US average). 8.5% of residents live below the poverty line. Workers commute an average of 19 minutes.

Income: Waltham vs U.S.

Commute Mode

Income

Median HH Income$75,833
1% above US avg
Per Capita Income$21,742
Avg Weekly Wage$1,174
IRS Avg AGI$68,979

Employment & Poverty

Unemployment7.1%
97% above US avg
Poverty Rate8.5%
31% below US avg
Establishments (County)900
County GDP$2,995M

Business (County)

Restaurants69
Healthcare109
Retail119
Manufacturing31

Tax & Cost of Living

Property Tax (IRS)$4,183
20% above US avg
Cost of Living98.60 (100=avg)
Effective Tax Rate3.72%

Commute & Transportation

Commute Time18.8 min
Drive Alone81.8%
Public Transit0.0%
Work from Home15.9%

Walkability

The median home value in Waltham is $112,500, 60% below the national average. Monthly rent averages $1,069 (8% below US avg). Zillow estimates the typical home value at $274,137.

Home Value Sources

Ownership Split

Home Values

Census Median$112,500
60% below US avg
Zillow ZHVI$274,137

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,069
8% below US avg
Rent Burden21.3%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied74.1%
Housing Units68
Median Year Built1945

Property Tax

Avg Tax (IRS)$4,183
20% above US avg
Effective Rate3.72%
In Waltham, 36.0% of adults are obese (above the 32.1% national rate). 7.8% of residents lack health insurance. 14.7% are current smokers. 26.4% report depression. 21.3% are physically inactive.

Health Metrics: Waltham vs U.S. Average (%)

Chronic Conditions

Obesity36.0%
12% above US avg
Diabetes7.9%
Heart Disease4.3%
High Blood Pressure24.7%
Asthma10.0%
COPD4.5%
Cancer6.1%
Stroke2.2%

Behaviors & Mental Health

Smoking14.7%
5% above US avg
Binge Drinking20.2%
Physical Inactivity21.3%
Depression26.4%
Mental Distress16.9%
Physical Distress10.3%
Short Sleep31.2%

Healthcare Access

Insurance Rate98.4%
Uninsured7.8%
9% below US avg
Checkup Rate67.7%
Dental Visits65.0%
Premature Death6,955/100K

Food & Exercise

Food Environment8.7/10
Exercise Access77.0%
Healthcare Facilities109
Waltham has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation is 36.2 inches. The area enjoys 260 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

14°F Jan (-10°C) 71°F Jul (22°C)
Annual Average44.6°F
17% below US avg
January Average14°F (-10°C)
July Average71°F (22°C)
Sunny Days260 days/yr

Precipitation & Snow

Annual Rainfall36.2 inches
5% below US avg
Snowfall43.4 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,316 ft (401 m)
Area0.5 sq mi (1.2 km²)
Population Density385/sq mi
Coordinates43.8193°N, 92.8746°W
TimezoneAmerica/Chicago
County FIPS27099
It is classified as Nonmetro — Urban 20K+, adjacent. 1.0% of residents hold a bachelor's degree or higher (97% below US avg). In the 2024 election, the county voted Republican by a 10.5-point margin. 58.0% of households have broadband internet.

2024 Presidential Election (County)

R 54.4%
D 43.9%

Winner: Republican by 10.5 points

Education

Bachelor's Degree+1.0%
97% below US avg
High School+84.5%
Graduate Degree+0.0%
School Test Score6.08
F Education Grade (1.1/5.0)

Urban-Rural Classification

RUCC Code 4Nonmetro — Urban 20K+, adjacent
Population Density385/sq mi
Total Area0.5 sq mi

Infrastructure & Services

Broadband Access58.0%
Public Libraries4
Healthcare Facilities109
Restaurants69
Retail Stores119

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute18.8 min
Drive Alone81.8%
Public Transit0.0%
Work from Home15.9%

Nearby Cities

Hayfield, MN 1,382 pop · 5.1 mi Blooming Prairie, MN 1,977 pop · 9.6 mi Austin, MN 26,167 pop · 11.4 mi Dodge Center, MN 2,864 pop · 14.5 mi Kasson, MN 6,964 pop · 16.0 mi Mantorville, MN 1,003 pop · 18.1 mi Byron, MN 6,510 pop · 19.1 mi Stewartville, MN 6,754 pop · 19.4 mi Rochester, MN 121,638 pop · 23.9 mi Spring Valley, MN 2,357 pop · 25.8 mi Owatonna, MN 26,462 pop · 25.9 mi Albert Lea, MN 18,379 pop · 27.0 mi Oronoco, MN 1,665 pop · 28.8 mi Pine Island, MN 3,693 pop · 28.9 mi
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