Waltham is a larger medium-sized city located in the state of Massachusetts. With a population of 64,065 people and 13 associated 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: 18.65% 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.
In addition, Waltham is a college town. There are a lot of students in Waltham attending college, and as a result Waltham provides a number of services, amenities and opportunities geared to 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.
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 have a 4-year college degree or graduate degree? If so, you may feel right at home in Waltham. 56.57% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Waltham in 2022 was $56,716, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $226,864 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 15.31% of the city’s residents. Important ancestries of people in Waltham include Irish, Italian, English, German, and French Canadian.
In addition, Waltham has a lot of people living here who were born outside of the US (25.57%).
The most common language spoken in Waltham is English. Other important languages spoken here include Spanish and Chinese.