Zip 02451 (Waltham, MA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Waltham, MA (02451) is an attractive place to live for those looking to relocate. The average two-bedroom rent in Waltham is $2,970 per month, which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in Waltham (112) versus the US (100) reflects a slightly higher cost of living when it comes to food items. Popular businesses surrounding this area include Nature’s Express Health Food Store located on Moody St with a variety of organic and healthy food options. For a more traditional grocery experience, visitors can go to the Shaws Supermarket on Lexington Street, where they can find a range of pantry staples at competitive prices.

Waltham (zip 02451) has an unemployment rate of 5.9%. The US average is 6.0%.

Waltham (zip 02451) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 39.7%, which is higher than the US average of 33.5%.

Tax Rates for Waltham (zip 02451)
- The Sales Tax Rate for Waltham (zip 02451) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Waltham (zip 02451) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Waltham (zip 02451)
- The average income of a Waltham (zip 02451) resident is $57,823 a year. The US average is $37,638 a year.
- The Median household income of a Waltham (zip 02451) resident is $109,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaltham, MassachusettsUnited States
  5.96
  -9.1%-6.2%
  39.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $57,823$37,638
  $109,021$69,021
  $145,302$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  8.5%6.8%
  9.6%10.0%
  0.6%2.5%
  11.9%11.0%
  1.8%4.8%
  0.6%0.8%
  2.9%1.9%
  5.7%4.7%
  2.3%1.9%
  14.2%7.6%
  0.4%0.1%
  2.0%4.2%
  11.9%9.3%
  14.1%14.0%
  1.6%2.1%
  4.1%7.0%
  3.6%4.8%
  4.0%4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.