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Waltham, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Waltham, Massachusetts had a total population of 64,902, the 17th largest city in Massachusetts, with a median household income of $120,216, which is 16% higher than the state average. The poverty rate is 9.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Waltham Quick Facts

Population 64,902
Median Household Income $120,216
Median Home Value $748,700
Poverty Rate 9.4%
Unemployment Rate 3.7%
Median Age 34.4 years
Homeownership Rate 49.7%
Affordability Ratio 6.2x
Bachelor's Degree or Higher 57.3%
High School Graduation Rate 93.3%
Diversity Index 62/100
Population 64,902 17th of 248
Median Income $120,216 above average
Poverty Rate 9.4% 24% lower than national
Median Home Value $748,700 top 30%

How Waltham Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population64,72364,902+0.3%
Median household income$116,560$120,216+3.1%
Median home value$705,700$748,700+6.1%

How Waltham Compares

Economy & Housing

Household Income Distribution

Under $25K 11.9%
$25K-$50K 11.8%
$50K-$100K 18.9%
$100K+ 57.4%
Detailed income brackets
Under $10K
4.3%
$10K-$15K
2.1%
$15K-$20K
3.1%
$20K-$25K
2.5%
$25K-$30K
1.8%
$30K-$35K
2.2%
$35K-$40K
2.3%
$40K-$45K
3.0%
$45K-$50K
2.5%
$50K-$60K
4.3%
$60K-$75K
5.1%
$75K-$100K
9.4%
$100K-$125K
9.9%
$125K-$150K
9.4%
$150K-$200K
13.2%
$200K+
24.9%

Employment

3.7% Unemployment Rate State: 5.1%|National: 5.2%
68.5% Labor Force Participation

Housing Overview

Owner 49.7%
Renter 50.3%
Affordability Index Expensive
6.2x home value to income ratio
Median gross rent $2,268/mo 22.6% of median household income annually

People & Demographics

Diversity Index

62out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 53 | National average: 61

Education

Waltham Rankings in Massachusetts

#17 Population of 248
#74 Median Income of 241
#70 Education of 248
#54 Home Value of 242

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
Cambridge 118,796 $130,748 12.8% $1,092,100
Lowell 118,368 $78,658 16.9% $429,200
Newton 89,044 $190,304 4.5% $1,264,900
Somerville 81,036 $132,572 9.8% $911,300
Framingham 72,399 $107,419 10.4% $627,300
Malden 65,906 $100,606 11.4% $633,500
Medford 59,354 $129,540 7.6% $755,500
Everett 50,045 $85,218 14.7% $610,000
Arlington 46,350 $150,701 5.4% $933,800
Woburn 41,939 $111,185 7.9% $673,500

Cities Similar to Waltham

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Malden65,906$100,606$633,50045.1%11.4%
Brookline63,266$142,101$1,246,80085.4%8.7%
Medford59,354$129,540$755,50059.8%7.6%
Framingham72,399$107,419$627,30048.7%10.4%
Weymouth Town58,505$102,714$552,10042.8%7.7%

Population Overview

Waltham is a mid-sized community located in Massachusetts, within Middlesex County. The total population is 64,902. It ranks as the 17th most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Waltham is 34.4 years. This is 14% lower than the state median of 40.0 years. Only 13.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Waltham is $120,216. This is 16% higher than the state median of $103,960. It is also 49% higher than the national median of $80,734. The poverty rate stands at 9.4%. This is 6% lower than the state poverty rate of 10.0%. The unemployment rate is 3.7%. This is 28% lower than the state rate of 5.1%. The median home value is $748,700. Housing costs are 33% higher than the state median of $562,100. The home-value-to-income ratio of 6.2x suggests that housing affordability is a significant concern for many residents. 49.7% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Waltham is White (non-Hispanic), making up 57.6% of the population. Hispanic or Latino residents account for 15.9%. The Asian population is significantly higher than the state average (12.6% vs 7.2%).

Education

57.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%. Notably, 27.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Waltham, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Waltham, Massachusetts?

Waltham, Massachusetts has a population of 64,902 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waltham, MA?

The median household income in Waltham is $120,216, which is 49% higher than the national median of $80,734.

What is the poverty rate in Waltham, MA?

The poverty rate in Waltham is 9.4%. This means approximately 5,392 residents live below the federal poverty line.

What is the racial makeup of Waltham, Massachusetts?

Waltham's population is 57.6% White, 8.3% Black, 15.9% Hispanic/Latino, and 12.6% Asian.

What is the median home value in Waltham, MA?

The median home value in Waltham is $748,700. The home-value-to-income ratio is 6.2x.

How educated is Waltham, Massachusetts?

57.3% of adults (25+) in Waltham hold a bachelor's degree or higher, and 27.9% hold a graduate or professional degree.