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Demographics
Population
Median Income
Racial Distributions
The zip code 02453 in Waltham, Massachusetts, is classified as a "White Majority" community with "Moderate Diversity" as of 2022. The white population comprises 60% of the total, with Hispanic (20%) and Asian (12%) populations representing significant racial groups. The median income in 2022 was $91,905, indicating an affluent area compared to national averages.
Over the past decade, this zip code has maintained its status as a "White Majority" community, but has shown a trend towards increased diversity. The white population decreased from 63% in 2013 to 60% in 2022, while Hispanic and Asian populations experienced small but steady increases. The community transitioned from "Low Diversity" in the early 2010s to "Moderate Diversity" by 2022, with Hispanic and Asian populations each exceeding 10% of the total population. The Black population remained relatively stable at 5-7% throughout the decade.
The median income in this zip code has shown an upward trend over the past decade, rising from $82,161 in 2013 to $91,905 in 2022, representing an increase of about 12% over nine years. A notable spike occurred in 2021, reaching $110,290, before returning to a more consistent trend line in 2022. This income growth correlates with the increasing diversity in the area, suggesting that the community is attracting higher-income individuals from various racial backgrounds.
The population has grown steadily, from 28,841 in 2013 to 30,539 in 2022, an increase of about 5.9%. This population growth, combined with rising incomes and increasing diversity, indicates a thriving, increasingly cosmopolitan community.
The demographic shifts in this zip code align with broader national trends of increasing diversity in suburban areas. Many suburbs across the United States have seen growth in Hispanic and Asian populations over the past decade. The income growth in this area outpaces the national average, which saw median household income rise from $51,939 in 2013 to $70,784 in 2021. While the national increase percentage is higher, this zip code started from a much higher base income and still managed significant growth.
The steady population growth in this zip code, coupled with rising incomes and increasing diversity, suggests that it is an attractive area for both domestic and potentially international migrants. This could indicate strong local economic opportunities, possibly in tech or other high-skill sectors, given the area's proximity to Boston and its many universities and innovation hubs.
Zip code 02453 in Waltham presents a picture of a prosperous, gradually diversifying community. While it remains a "White Majority" area, it is showing clear signs of transition towards greater diversity, accompanied by strong economic growth. These trends suggest a dynamic, evolving community that is likely to continue changing in the coming years.