Most Expensive Waltham Neighborhoods
Waltham is a larger medium-sized city located in the state of Massachusetts. With a population of 63,014 people and 13 constituent neighborhoods, Waltham is the 16th largest community in Massachusetts. Waltham has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.
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.
Waltham is a decidedly white-collar city, with fully 87.88% of the workforce employed in white-collar jobs, well above the national average. Overall, Waltham is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Waltham who work in office and administrative support (12.44%), management occupations (10.32%) and sales jobs (9.25%).
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.
Waltham is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Waltham enrolled in college, Waltham has a number of services, amenities and opportunities geared towards the needs and activities of students.
Not only is Waltham a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Waltham is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Waltham a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
For the size of the city, public transportation in Waltham is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Waltham, the benefits are reduced air pollution and congestion on the highways.
The education level of Waltham ranks among the highest in the nation. Of the 25-and-older adult population in Waltham, 48.41% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Waltham in 2010 was $35,642, which is middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $142,568 for a family of four. However, Waltham contains both very wealthy and poor people as well.
Waltham is a very 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 14.07% of the city’s residents. Important ancestries of people in Waltham include Irish, Italian, English, German, French Canadian and French.
Waltham also has a high percentage of its population that was born in another country: 26.49%.
The most common language spoken in Waltham is English. Other important languages spoken here include Spanish and Chinese.
|NUMBER OF HOMES AND APARTMENTS||23,873|
|WALTHAM HOME OWNERSHIP|
|% OWNER OCCUPIED||43.35%|
|% RENTER OCCUPIED||56.65%|
|TYPE OF WALTHAM HOMES|
|SINGLE FAMILY DETACHED||38.18%|
|ROWHOUSES AND ATTACHED HOMES||6.06%|
|SMALL APARTMENT BUILDINGS||25.51%|
|COMPLEXES OR HIGH RISE APARTMENTS||30.17%|
|SIZE OF WALTHAM HOMES|
|5 OR MORE BEDROOMS||2.28%|
|AGE OF WALTHAM HOMES|
|NEWER HOMES (2000 OR LATER)||8.74%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||22.82%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||31.67%|
|HISTORIC (1939 OR BEFORE)||36.76%|
|WALTHAM REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$466,516|
|MEDIAN RENTAL PRICE||$1,650|
|HOME VALUE RANGE|
|$0 - $58,000||1.97%|
|$58,001 - $117,000||0.60%|
|$117,001 - $234,000||3.04%|
|$234,001 - $350,000||9.58%|
|$350,001 - $467,000||31.25%|
|$467,001 - $584,000||31.01%|
|$584,001 - $876,000||19.56%|
|$876,001 - $1,168,000||2.46%|
|PEOPLE OF WALTHAM||DETAILS|
|UNDER 5 YEARS||5.55%|
|5 TO 17||9.08%|
|18 TO 24||17.47%|
|25 TO 34||19.97%|
|35 TO 54||24.71%|
|55 TO 64||10.50%|
|65 YEARS AND OVER||12.73%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||89.52%|
|MEDIAN HOUSEHOLD INCOME||$73,162|
|PER CAPITA INCOME||$35,642|
|INDIVIDUALS BELOW POVERTY LEVEL||10.45%|
|INDUSTRIES PEOPLE WORK IN||Education (14.70%)
Professional, scientific, and technical services (13.57%)
Information Technology (3.43%)
Public Service (3.19%)
|BLACK OR AFRICAN AMERICAN||6.13%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.09%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.12%|
|SOME OTHER RACE ALONE||4.27%|
|TWO OR MORE RACES||2.88%|
|HISPANIC OR LATINO (OF ANY RACE)||14.07%|
|ETHNICITIES PRESENT||Irish (19.78%)
French Canadian (3.69%)
|LANGUAGES SPOKEN||English (67.09%)
Other Asian languages (1.69%)
African languages (1.39%)
French Creole (1.36%)
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