Is Waltham, Massachusetts a Good Place To Live? - Living In Waltham, MA

Is Waltham, Massachusetts a good place to live?
Waltham is a city in Massachusetts state in USA with a population of 62597 residents.. The poverty rate of Waltham is 9.2%, which is 34% lower than national average. The typical household in Waltham earns $95851 a year, compared to the national median of $67,500. Nearly 26.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Waltham, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waltham remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waltham, only 52% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Waltham is 150, which is 50% higher than national average. Median home value in Waltham is $574000 , which is 150% higher than national average. While median income in Waltham remained $95851, which is 42% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
62597
Unemployment
2.6%
45% NAT AVG.
Poverty
9.2%
34% NAT AVG.
Overall Score
9.5
Median Home Cost
$574000
150% NAT AVG.
Median Income
$95851
42% NAT AVG.
Median Rent
$1774
53% NAT AVG.
Cost Of Living
150
50% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 38
People Earning < $10,000
1 in 29
People Earning < $50,000
26.8%
People with <= High School
1 in 3.4
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs90%

Housing95%

Affordability40%

Safety85%

Amenities95%

Diversity90%

Education85%

Commute70%