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Waltham, MN
Full City Profile · Minnesota · Mower County County
Waltham, MN
At a Glance
How Waltham Compares to the U.S. Average
Each bar shows Waltham's value as a percentage of the national average (100% = U.S. avg)
Is Waltham a Good Place to Live?
Economy & Jobs
Waltham residents earn a median household income of $75,833 , which is 1% above the national average of $75,149. Per capita income is $21,742. The unemployment rate stands at 7.1% (97% above the U.S. rate of 3.6%). 8.5% of residents live below the poverty line. The area is home to 900 business establishments, including 69 restaurants.
Housing & Cost of Living
The median home value in Waltham is $112,500 , 60% below the national median of $281,900. Zillow estimates the typical home at $274,137. Median rent is $1,069/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1945.
Safety & Crime
Waltham reports 266 violent crimes per 100,000 residents , which is 30% below the national average of 380/100K. Property crime is 2,362/100K.
Education
1.0% of adults in Waltham hold a bachelor's degree or higher (97% below the national average). 84.5% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Waltham has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. The area gets 260 sunny days per year. Annual precipitation totals 36.2 inches. Air quality is rated Good with a median AQI of 36.