Cost of Living in Waltham, MA
Population: 64,723 • 2026 Data
$116,560
Median Household Income
+51% vs national
$2,232
Median Monthly Rent
+66% vs national
$705,700
Median Home Value
+108% vs national
3.5%
Unemployment Rate
Housing in Waltham
The median home value in Waltham, MA is $705,700. Monthly rent for a typical unit averages $2,232, while total monthly housing costs (including utilities and insurance) average $2,210.
Rent-to-income ratio: 23.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Waltham, MA is $116,560. The unemployment rate stands at 3.5%, with a labor force of 39,588 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.