Waltham, MN
Population 185 · Minnesota
About Waltham, MN
Waltham is a small community in Minnesota with a population of 185 residents. The median household income is $75,833 per year, which is above the national average. The median age in Waltham is 30.8 years.
Housing in Waltham has a median home value of $112,500 and median monthly rent of $1,069. Of the 62 total housing units, the majority are owner-occupied, with 43 owner-occupied and 15 renter-occupied units.
The unemployment rate in Waltham is 8.3% and the poverty rate is 11.4%. 1.0% of residents hold a bachelor's degree or higher. The average commute time is 18.8 minutes.
Cost of Living in Waltham, MN
Compared to national averages, Waltham has a median household income of $75,833 (1% above the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $1,069 is 8% below the US average of $1,163. Within Minnesota, Waltham's income is 2% above the state average of $74,221, and home values are 45% below the state median of $204,472.
Why Live in Waltham, MN?
Waltham offers a strong local economy with a median household income of $75,833, well above the national average, and affordable housing with a median home value of $112,500, below the US average of $244,900, and rent that’s lower than the national average at $1,069/month. Additionally, the city features a low poverty rate of 11.4%, better than the national average, and short commute times averaging just 18.8 minutes.
Waltham has a population of 185 with a median age of 30.8 years. Compare Waltham with other cities to see how it stacks up, or explore all cities in Minnesota.
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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, MN?
The population of Waltham, MN is 185 according to the latest Census data.
What is the median household income in Waltham?
The median household income in Waltham, MN is $75,833 per year.
What is the median home value in Waltham?
The median home value in Waltham, MN is $112,500.
What is the average rent in Waltham?
The median monthly rent in Waltham, MN is $1,069.
What is the unemployment rate in Waltham?
The unemployment rate in Waltham, MN is 8.3%.