Waltham, a town in Massachusetts, has a population of approximately 63,000. Young adults (15-24) will feel welcome, as they account for an above-average percentage of the community, though young professionals also appear in large numbers. Overall, the city's residents, at an average age of just under 38, are younger than most cities in Massachusetts. Residents are fairly evenly split between owning (52%) and renting (48%) their residence despite an average rent of $1,489/month, significantly higher than the state average of $1,218.
If you're looking for a variety of career options, Waltham has them in spades. The four most common industries are retail, education, healthcare, and scientific. Together, these industries account for 32% of the city's labor force. Meanwhile, looking at job function, many of the city's residents work in management, as 9% of the city's population reports this as their field of work, the highest number of any career path. Waltham workers earn an average annual income of just over $95K, more than the average Massachusetts resident. The city's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Waltham has a high percentage of residents over the age of 25 with advanced degrees, as 14% have earned a Master's or a Doctorate. Further, 19% have earned a Bachelor's degree, which also outpaces the national average.
Waltham has an average commute time of about 28 minutes, outperforming the Massachusetts average of about 31 minutes. Many residents (44%) drive their car to work, while public transit isn't widely used. Relatively few commuters (5%) walk to work, though the number is well above the national average.