Waltham

Population: 64,723
Median household income: $116,560
Median home value: $705,700

Waltham, a community in Middlesex County, Massachusetts, has 64,723 residents. The median household income of $116,560 is below the Middlesex County median ($126,779).

Between 2019 and 2023, Waltham's population grew 3.1% from 62,777 to 64,723, while its median home value rose 31.5% from $536,500 to $705,700.

The largest age group is 18 to 24, 18.5% of residents. White (non-Hispanic) residents are the largest group, 58.1% of the population.

Demographics

ACS 2019–2023

Population: 64,723
Median age: 35.1 yrs
Median household income: $116,560
Median home value: $705,700
Median gross rent: $2,232
Housing units: 26,898
Homeownership rate: 48.8%
Bachelor's degree or higher: 56.4%
Unemployment rate: 3.5%

Trends

ACS 5-year · 2019–2023

Population

62,77764,723

Median household income

$95,964$116,560

Median home value

$536,500$705,700

Median gross rent

$1,726$2,232

Year	Population	Median household income	Median home value	Median gross rent
2019	62,777	$95,964	$536,500	$1,726
2020	62,597	$95,851	$574,000	$1,774
2021	64,655	$103,498	$602,200	$1,950
2022	64,711	$113,443	$679,000	$2,141
2023	64,723	$116,560	$705,700	$2,232

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.1%

5 to 178.4%

18 to 2418.5%

25 to 3417.9%

35 to 4412.8%

45 to 549.9%

55 to 6412.1%

65 to 748.5%

75 and over6.8%

	Count	Share
Under 5	3,270	5.1%
5 to 17	5,414	8.4%
18 to 24	11,978	18.5%
25 to 34	11,593	17.9%
35 to 44	8,315	12.8%
45 to 54	6,425	9.9%
55 to 64	7,814	12.1%
65 to 74	5,505	8.5%
75 and over	4,409	6.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	37,592	58.1%
Black or African American	4,611	7.1%
American Indian & Alaska Native	168	0.3%
Asian	8,309	12.8%
Native Hawaiian & Pacific Islander	69	0.1%
Some other race	257	0.4%
Two or more races	1,922	3.0%
Hispanic or Latino (any race)	11,795	18.2%

Educational attainment (age 25+)

No high school diploma7.4%

High school graduate18.8%

Some college or associate's17.4%

Bachelor's degree29.0%

Graduate or professional degree27.4%

	Count	Share
No high school diploma	3,254	7.4%
High school graduate	8,283	18.8%
Some college or associate's	7,663	17.4%
Bachelor's degree	12,774	29.0%
Graduate or professional degree	12,087	27.4%

Commute to work

Mean travel time to work: 25 min

Drove alone55.6%

Carpooled10.2%

Public transit5.4%

Walked6.2%

Bicycle0.7%

Worked from home20.0%

Other means2.0%

How workers get to work

	Count	Share
Drove alone	20,932	55.6%
Carpooled	3,841	10.2%
Public transit	2,034	5.4%
Walked	2,321	6.2%
Bicycle	246	0.7%
Worked from home	7,545	20.0%
Other means	741	2.0%

Travel time

	Count	Share
Under 15 min	7,676	25.5%
15 to 29 min	11,017	36.6%
30 to 44 min	7,194	23.9%
45 to 59 min	2,342	7.8%
60+ min	1,886	6.3%

Households

Average household size: 2.25
Poverty rate: 8.6% (5,019 of 58,207)

	Count	Share
Family households	13,515	52.5%
Nonfamily households	12,206	47.5%

Housing

Median year structure built: 1962

Occupancy

	Count	Share
Occupied	25,721	95.6%
Vacant	1,177	4.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	12,553	48.8%
Renter-occupied	13,168	51.2%

1-unit, detached36.8%

1-unit, attached7.8%

2 to 4 units23.3%

5 to 19 units18.8%

20 or more units13.2%

Mobile home & other0.1%

Units in structure

	Count	Share
1-unit, detached	9,898	36.8%
1-unit, attached	2,095	7.8%
2 to 4 units	6,272	23.3%
5 to 19 units	5,055	18.8%
20 or more units	3,548	13.2%
Mobile home & other	30	0.1%

Geography

Place GEOID: 2572600
Type (LSAD): 25
Land area: 13 sq mi
Water area: 1.02 sq mi
Center point: 42.3889, -71.2423