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Waltham, MN
Full City Profile · Minnesota · Mower County County
2.7
/5.0
C+
Fair
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
266
Violent Crime/100K
2,362 property/100K
C+
Overall
2.7 / 5.0
Fair 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
Safety
1.0 / 5.0
266 violent crimes/100K
F
Education
1.1 / 5.0
1.0% bachelor's degree or higher
Income Overview
Median Household Income
$75,833
1% above
US avg: $75,149
Per Capita Income
$21,742
44% below
US avg: $39,052
Unemployment Rate
7.1%
97% above
US avg: 3.6%
Poverty Rate
8.5%
31% 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
$75,833
101%
Per Capita
US: $39,052
$21,742
56%
IRS Avg AGI
US: $72,000
$68,979
96%
Avg Weekly Wage
US: $1,432
$1,174
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,174
18% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
15.9%
5% above US avg (15.2%)
Drive Alone
81.8%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,995M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.8%
Public Transit
0%
Work From Home
15.9%
Other
2.3%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
900
Restaurants
69
Healthcare
109
Retail
119
Manufacturing
31
Tax & Financial
IRS Avg Adjusted Gross Income
$68,979
4% below US avg ($72,000)
Avg Property Tax
$4,183
20% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $75,833 |
| Per Capita Income | $21,742 |
| IRS Avg Adjusted Gross Income | $68,979 |
| Avg Weekly Wage | $1,174 |
| County GDP | $2,995M |
Hardship Indicators
| Unemployment Rate | 7.1% |
| Poverty Rate | 8.5% |
| Gini Coefficient | 0.419 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 81.8% |
| Public Transit | 0.0% |
| Work From Home | 15.9% |
Businesses
| Total Establishments | 900 |
| Restaurants | 69 |
| Healthcare | 109 |
| Retail | 119 |
| Manufacturing | 31 |
Tax
| IRS Avg AGI | $68,979 |
| Avg Property Tax | $4,183 |