Waltham, MA
Population 64,723 · Massachusetts
About Waltham, MA
Waltham is a mid-sized city in Massachusetts with a population of 64,723 residents. The median household income is $116,560 per year, which is above the national average. The median age in Waltham is 35.1 years.
Housing in Waltham has a median home value of $705,700 and median monthly rent of $2,232. Of the 26,898 total housing units, renting is more common than owning, with 12,553 owner-occupied and 13,168 renter-occupied units.
The unemployment rate in Waltham is 3.5% and the poverty rate is 8.6%. 56.4% of residents hold a bachelor's degree or higher. The average commute time is 24.6 minutes.
How Waltham Ranks in Massachusetts
Cost of Living in Waltham, MA
Compared to national averages, Waltham has a median household income of $116,560 (55% above the national median of $75,149). Home values average $705,700, which is 188% above the national median. Monthly rent at $2,232 is 92% above the US average of $1,163. Within Massachusetts, Waltham's income is 10% above the state average of $105,630, and home values are 26% above the state median of $561,296.
Why Live in Waltham, MA?
Waltham offers a strong local economy with a median household income of $116,560, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 56.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.6%, better than the national average, and short commute times averaging just 24.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $705,700. However, as a mid-sized city, Waltham provides access to a wide range of amenities and services.
Waltham has a population of 64,723 with a median age of 35.1 years. Compare Waltham with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Waltham
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Malden | 65,509 | $95,298 | $607,500 | Compare |
| Brookline | 62,822 | $140,631 | $1,233,100 | Compare |
| Haverhill | 67,387 | $87,675 | $426,900 | Compare |
| Revere | 59,933 | $81,121 | $566,200 | Compare |
| Taunton | 59,719 | $79,715 | $388,200 | Compare |
| Medford | 59,062 | $118,089 | $715,500 | Compare |
| Weymouth Town | 57,786 | $100,077 | $516,200 | Compare |
| Framingham | 72,013 | $98,179 | $600,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waltham
What is the population of Waltham, MA?
The population of Waltham, MA is 64,723 according to the latest Census data.
What is the median household income in Waltham?
The median household income in Waltham, MA is $116,560 per year.
What is the median home value in Waltham?
The median home value in Waltham, MA is $705,700.
What is the average rent in Waltham?
The median monthly rent in Waltham, MA is $2,232.
What is the unemployment rate in Waltham?
The unemployment rate in Waltham, MA is 3.5%.