ZIP Code 02451

standard

Source:

Waltham · Middlesex County · Massachusetts

Population
17,426

1,218/sq mi

Median income
$122,335

▲ 60% vs US

higher than 91% of US ZIPs

Median home value
$753,000

▲ 171% vs US

higher than 95% of US ZIPs

Bachelor's or higher
56.0%

Median age 40.3

Land area
14.3 sq mi

New York

ZIP code 02451 in Waltham, Massachusetts has a population of 17,426. The median household income is $122,335, which is 60% above the national average. Median home value is $753,000, 171% above the US average. 56.0% of residents hold a bachelor's degree or higher.

ZIP code 02451 is classified by USPS as a standard delivery area and covers roughly 14.3 square miles in Waltham, Middlesex County, Massachusetts. The area is home to 17,426 residents, producing a population density of 1,218 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 02451 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 02451 sits at $122,335 (6% above the Massachusetts average), while per-capita income is $67,455. The poverty rate stands at 8.3% and the unemployment rate at 3.4%. On housing, the median home value is $753,000 (26% above the state average) with median rent at $2,677 per month, and 59.3% of occupied units are owner-occupied, a direct signal of whether 02451 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 56.0% of adults hold a bachelor's degree or higher, the median age is 40.3, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Middlesex County, so you can benchmark 02451 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 02451

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 02451.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 02451, Waltham, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

17,426

Population

14.3

Area (sq mi)

1,218

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02451?

40.3

Median Age

50.1%

Male

49.9%

Female

29.4%

Foreign-Born

White 56.7%
African American 8.7%
Asian 17.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.0%
Hispanic or Latino 15.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$122,335

Median Household Income

+6% vs state

$67,455

Per Capita Income

8.3%

Poverty Rate

3.4%

Unemployment Rate

26.1 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 77.1%
Bachelor's Degree or Higher 56.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,748

Total Housing Units

7,481

Occupied Units

267

Vacant Units

2.30

Avg Household Size

Occupancy Type

Owner 59.3%
Renter 40.7%

$753,000

Median Home Value

+26% vs state

$2,677

Median Rent

1965

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.3%

YoY Change (2024)

270

HPI Index (2000 = 100)

+170%

Total Change Since 2000

Home values in ZIP 02451 have increased 5.3% over the past year (2024). Since 2000, this ZIP has seen +170% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.6% 209
2021 +6.7% 223
2022 +10.1% 246
2023 +4.4% 256
2024 +5.3% 270

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,195 business establishments in ZIP 02451, employing approximately 59,760 people with a combined annual payroll of $8,176,869,000.

1,195

Businesses

59,760

Employees

$8.2B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 226 18.9%
Accommodation and food services 169 14.1%
Health care and social assistance 133 11.1%
Administrative and support and waste management and remediation services 97 8.1%
Finance and insurance 85 7.1%
Construction 75 6.3%
Information 67 5.6%
Other services (except public administration) 65 5.4%
Retail trade 64 5.4%
Management of companies and enterprises 50 4.2%
Wholesale trade 49 4.1%
Real estate and rental and leasing 46 3.9%
Manufacturing 23 1.9%
Transportation and warehousing 18 1.5%
Educational services 16 1.3%
Arts, entertainment, and recreation 9 0.8%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 02451 vs 02452 →

ZIP Code City Population Distance
02452 Waltham, MA 14,238 1.9 mi
02453 Waltham, MA 28,968 2.2 mi
02421 Lexington, MA 17,342 2.9 mi
02466 Auburndale, MA 8,096 3.8 mi
02462 Newton Lower Falls, MA 1,554 4.7 mi
02465 West Newton, MA 11,710 3.7 mi
02478 Belmont, MA 24,664 4.0 mi
01773 Lincoln, MA 5,112 3.3 mi
01731 Hanscom Afb, MA 1,396 4.2 mi
02493 Weston, MA 11,261 3.5 mi

More ZIP Codes in Middlesex County

Frequently Asked Questions

What county is ZIP code 02451 in?
ZIP code 02451 (Waltham) is located in Middlesex County, Massachusetts. Middlesex County contains multiple ZIP codes, see the full list at /counties/middlesex-ma.
What is the population of ZIP code 02451?
ZIP code 02451 in Waltham, MA has a population of 17,426 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02451?
The median household income in ZIP 02451 is $122,335, which is 60% above the national average of $76,288.
What is the average home value in ZIP 02451?
The median home value in ZIP 02451 is $753,000, which is 171% above the national average of $278,155.
What is the demographic makeup of ZIP 02451?
The largest racial group in ZIP 02451 is White at 56.7%. Hispanic or Latino residents make up 15.2% of the population.
How many businesses are in ZIP code 02451?
ZIP code 02451 has 1,195 business establishments employing approximately 59,760 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02451?
The top industries by establishment count in ZIP 02451 are: Professional, scientific, and technical services (226), Accommodation and food services (169), Health care and social assistance (133). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 02451?
According to the FHFA House Price Index, home values in ZIP 02451 increased by 5.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 170%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02451?
In ZIP code 02451, 77.1% of residents aged 25+ have a high school diploma or higher, and 56.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02451?
The mean commute time for workers in ZIP code 02451 is 26.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02451?
In ZIP code 02451, approximately 59.3% of occupied housing units are owner-occupied and 40.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02451?
The poverty rate in ZIP code 02451 is 8.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Waltham, MA

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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