Affordability evidence
Waltham, MA home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Waltham, MA.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The local figures answer the first question: In Waltham, MA, the 2024 ACS reports a median owner-occupied home value of $748,700, median household income of $120,216, and median selected monthly owner costs of $3,076 for owners with a mortgage. For borrower planning, together, those three reference points can still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $3,076 measure combines recurring ownership expenses rather than real estate taxes alone. A useful affordability review starts with $748,700, $120,216, and $3,076, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Waltham, MA's $748,700 median home-value estimate is above the statewide $562,100 estimate, with a reported city-to-state gap of 33.2%. For borrower planning, that 33.2% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Waltham, MA.