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Waltham city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Waltham city, Minnesota has a total population of 185, the 705th largest city in Minnesota, with a median household income of $75,833, which is 13% lower than the state average. The poverty rate is 11.3%.

Key Takeaways

Waltham city Quick Facts

Population 185
Median Household Income $75,833
Median Home Value $112,500
Poverty Rate 11.3%
Unemployment Rate 8.3%
Median Age 30.8 years
Homeownership Rate 74.1%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 1.0%
High School Graduation Rate 84.5%
Diversity Index 34/100
Population 185 705th of 913
Median Income $75,833 above average
Poverty Rate 11.3% 9% lower national
Median Home Value $112,500 bottom 30%

How Waltham city Compares

Economy & Housing

Employment

8.3% Unemployment Rate State: 3.9% | National: 5.2%
85.7% Labor Force Participation

Housing Overview

Owner 74.1%
Renter 25.9%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Waltham city Rankings in Minnesota

#705 Population of 913
#319 Median Income of 913
#887 Education of 913
#633 Home Value of 913

Other Cities in Mower County

CityPopulationMedian IncomePovertyHome Value
Austin city 26,167 $66,488 14.8% $155,100
Grand Meadow city 954 $68,750 7.5% $169,100
Brownsdale city 860 $76,500 9.1% $137,600
Le Roy city 790 $51,250 13.4% $106,400
Adams city 764 $85,000 5.5% $160,400
Lyle city 490 $59,000 20.0% $105,400
Racine city 476 $95,125 9.4% $239,500
Rose Creek city 453 $79,583 4.6% $139,800
Dexter city 359 $87,083 11.7% $173,300
Mapleview city 122 $36,667 22.9% $71,400

Cities Similar to Waltham city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Northome city182N/A$85,70014.0%19.2%
Mahnomen CDP191N/AN/A8.2%60.9%
Sobieski city187$80,417$165,20017.7%4.8%
Homer CDP189$81,250$283,30049.5%6.9%
Campbell city195$76,579$100,90024.0%5.6%

Population Overview

Waltham city is a small community located in Minnesota, within Mower County. The total population is 185. It ranks as the 705th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Waltham city is 30.8 years. This is 20% lower than the state median of 38.6 years. With 41.6% of the population under 18, Waltham city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Waltham city is $75,833. This is 13% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 3% lower. The poverty rate stands at 11.3%. This is 23% higher than the state poverty rate of 9.2%. The unemployment rate is 8.3%. This is 112% higher than the state rate of 3.9%. The median home value is $112,500. Housing costs are 63% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.5x, Waltham city is one of the most affordable housing markets in the area. 74.1% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 72.4%.

Race & Ethnicity

The largest racial or ethnic group in Waltham city is White (non-Hispanic), making up 78.4% of the population. Hispanic or Latino residents account for 21.6%. The Hispanic or Latino population is significantly higher than the state average (21.6% vs 6.2%).

Education

1.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 98% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.5%.

Data Sources & Methodology

All demographic data for Waltham city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Waltham city, Minnesota?

Waltham city, Minnesota has a population of 185 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waltham city, MN?

The median household income in Waltham city is $75,833, which is 3% lower the national median of $78,538.

What is the poverty rate in Waltham city, MN?

The poverty rate in Waltham city is 11.3%. This means approximately 21 residents live below the federal poverty line.

What is the racial makeup of Waltham city, Minnesota?

Waltham city's population is 78.4% White, 0.0% Black, 21.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Waltham city, MN?

The median home value in Waltham city is $112,500. The home-value-to-income ratio is 1.5x.

How educated is Waltham city, Minnesota?

1.0% of adults (25+) in Waltham city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.