Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.8 yrs |
|---|---|
| Avg HH Size | 2.16 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 53.5% ▲ 38% above avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 2 (0.6%) |
| HS Graduate | 69 (19.9%) |
| Some College | 40 (11.6%) |
| Associates | 50 (14.5%) |
| Bachelors | 61 (17.6%) |
| Graduate Degree | 124 (35.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $111,667 ▲ 46% above avg |
|---|---|
| Median Home Value | $266,800 ≈ Avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,069/mo |
| Total Housing Units | 247 |
| Vacant Units | 5 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waltham is a city in Minnesota, located in Mower County. The city spans 1 ZIP code and is home to approximately 523 residents. It is a middle-aged city, with a median age of 39.8 years.
Economically, Waltham is a upper-middle-income community. The median household income of $111,667 is above the national average. Approximately 5.5% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Waltham is a mid-range housing market. Median home values stand at $266,800, which is near the national average. Renters typically pay around $1,069 per month. Homeownership is high at 92.2%, typical of suburban and family-oriented communities.
The population of Waltham is well-educated. 53.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (76.1%).
Waltham, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55982 | 523 | $111,667 | $266,800 | $1,069 | 3.7% | 53.5% | 92.2% |