Zip 02451 (Waltham, MA) Economy


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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 increase by 4.3% 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 $42,109 a year. The US average is $28,555 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%
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