Waltham, MA
Real Estate & Demographic Data

Waltham profile

Living in Waltham

Waltham is a larger medium-sized city located in the state of Massachusetts. With a population of 64,015 people and 13 constituent neighborhoods, Waltham is the 17th largest community in Massachusetts.

Housing costs in Waltham are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.

Also of interest is that Waltham has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.83% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because there are quite a few people attending college in Waltham, it is thought of as a college town. To the benefit of the many students in the area, Waltham provides a number of services, amenities and opportunities geared towards their needs and activities.

Not only is Waltham a city with many college students, but it also retains many recent graduates who are looking to start new careers, shaping the character of the city into a place that is geared toward, and considered attractive to, many single, educated people. Many singles consider Waltham a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.

Like elsewhere in America, most people in Waltham use a private automobile to get to work. But notably, a substantial number of Waltham‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.

Do you like to read, write and learn? If you move to Waltham, you'll likely find that many of your neighbors like to as well. Waltham is one of the more educated communities in America, with a full 55.54% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Waltham in 2018 was $49,193, which is middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $196,772 for a family of four. However, Waltham contains both very wealthy and poor people as well.

Waltham is an extremely ethnically-diverse city. The people who call Waltham home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waltham residents report their race to be White, followed by Asian. Waltham also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.54% of the city’s residents. Important ancestries of people in Waltham include Irish, Italian, English, German, and French Canadian.

Waltham also has a high percentage of its population that was born in another country: 24.86%.

The most common language spoken in Waltham is English. Other important languages spoken here include Spanish and Chinese.