Waltham is home to The Sports Authority Training Center, which serves a dual role as practice facility/offices of the Boston Celtics.
Waltham is commonly referred to as Watch City because of its association with the watch industry. This is due to Waltham Watch Company, which opened its factory in Waltham in 1854. The American Waltham Watch Company, AWWCo Inc, was one of the pioneers of the Industrial Revolution. It was the first company to make watches on an assembly line. It won the gold medal in 1876 at the Philadelphia Centennial Exposition. Over 40 million watches, clocks and instruments were produced by Waltham Watch Company until it closed in 1957.
As of the censusGR2 of 2000, there were 59,226 people, 23,207 households, and 12,462 families residing in the city. The population density was 1,800.6/km² (4,663.4/mi²). There were 23,880 housing units at an average density of 726.0/km² (1,880.3/mi²). The racial makeup of the city was 82.98% White, 4.41% African American, 0.16% Native American, 7.29% Asian, 0.06% Pacific Islander, 3.20% from other races, and 1.89% from two or more races. Hispanic or Latino of any race were 8.49% of the population.
There were 23,207 households out of which 20.3% had children under the living with them, 41.3% were married couples living together, 8.9% had a female householder with no husband present, and 46.3% were non-families. 34.2% of all households were made up of individuals and 10.0% had someone living alone who was 65 years of age or older. The average household size was 2.29 and the average family size was 3.01.
In the city the population was spread out with 15.5% under the age of 18, 16.8% from 18 to 24, 34.4% from 25 to 44, 20.2% from 45 to 64, and 13.1% who were 65 years of age or older. The median age was 34 years. For every 100 females there were 97.2 males. For every 100 females age 18 and over, there were 95.6 males.
The median income for a household in the city was $54,010, and the median income for a family was $64,595. Males had a median income of $42,324 versus $33,931 for females. The per capita income for the city was $26,364. 7% of the population and 3.6% of families were below the poverty line. 4.8% of those under the and 8.4% of those 65 and older were living below the poverty line.
Waltham is home to:
Waltham is some distance from Boston proper and the surrounding cities, and maintains a distinctly different flavor. A number of high-tech companies have taken advantage of the lower cost of real estate to set up shop in the ring of office parks that dot the highway exits in Waltham, and swank restaurants and business-class hotels have sprung up to serve their needs.
Downtown Waltham's Moody Street offers its own brand of entertainment with a colorful assortment of shops, restaurants, and bars, including the Watch City Brewing Co., The Skellig, Jake's Dixie Roadhouse, The Lincoln (L), and the Embassy Cinema. Moody Street's booming night-life, convenience to the commuter rail and lower rents have attracted younger professionals to Waltham in growing numbers in recent years. Moody Street is also referred to as "Restaurant Row" because of the number, variety and quality of its restaurants.
For over 25 years, the Waltham Arts Council has sponsored "Concerts On Waltham Common", featuring a different musical act each week of the summer, free of charge to attendees. "Concerts On Waltham Common" was created and organized by Stephen Kilgore until his death in 2004.