Insight
Waltham, MA: a smaller community, and more than half our set at $5M+
Waltham's Asian Indian community dipped 11% to about 2,100. Our database places 76 people there at $1M+, 42 of them in our $5M+ bands.
Waltham has about 2,100 residents of Asian Indian descent, down 11% from about 2,400 in the 2015–2019 survey [1][2]. That is 3.3% of a city of 64,900 [1][3].
Our database places 76 people in Waltham at an estimated $1M+, and 42 of them are in our $5M+ bands [6].
- 2,139 residents of Asian Indian descent (alone or in combination) in Waltham, Massachusetts, 2020–2024 average [1], or 3.3% of the population [3].
- -10.8% versus the 2015–2019 estimate of 2,399 [1][2] (our calculation).
- 76 people in the HeyAlbert database placed in Waltham, Massachusetts at an estimated $1M+, of whom 42 are in our $5M+ bands [6].
How Waltham compares with nearby places
The Census Bureau's American Community Survey counts 2,139 people who report Asian Indian ancestry, alone or with another group, in Waltham [1], against 2,399 in 2015–2019 [2]. The table compares it with the places in Middlesex County that have the largest Asian Indian communities. Figures are for whole places, and some places extend into neighboring counties [1][2][4].
| Place | 2020–2024 | 2015–2019 | Change | Share of place |
|---|---|---|---|---|
| Cambridge | 6,639 | 5,037 | 32% | 5.6% |
| Lexington CDP | 3,908 | 3,647 | 7% | 11.4% |
| Malden | 3,221 | 2,364 | 36% | 4.9% |
| Lowell | 3,184 | 3,431 | -7% | 2.7% |
| Newton | 3,125 | 2,475 | 26% | 3.5% |
| Somerville | 2,722 | 1,688 | 61% | 3.4% |
| Burlington CDP | 2,463 | 3,559 | -31% | 9.4% |
| Waltham | 2,139 | 2,399 | -11% | 3.3% |
Asian Indian alone or in any combination. Sources: ACS 5-year estimates [1][2][4]; totals from Table B01003. Change and share are our calculations. Estimates carry margins of error.
Waltham moved against most of the Middlesex County table: Cambridge, Malden and Somerville grew by about a third or more [1][2][4]. Lexington is the most concentrated place at 11% [1][2][4].
The most concentrated communities
Raw counts favor big cities. Ranking places of 20,000+ residents by the share who report Asian Indian ancestry gives a different map [1][2][3][4][5]:
| Place | Asian Indian residents | Total population | Share |
|---|---|---|---|
| Lexington CDP | 3,908 | 34,295 | 11.4% |
| Burlington CDP | 2,463 | 26,274 | 9.4% |
| Cambridge | 6,639 | 118,796 | 5.6% |
| Malden | 3,221 | 65,906 | 4.9% |
| Newton | 3,125 | 89,044 | 3.5% |
| Somerville | 2,722 | 81,036 | 3.4% |
| Waltham | 2,139 | 64,902 | 3.3% |
| Lowell | 3,184 | 118,368 | 2.7% |
Places with 20,000+ residents and at least 1,000 Asian Indian residents. CDP = census-designated place. Sources: ACS 2020–2024 5-year, Tables B02018 and B01003 [1][2][3][4][5]; shares are our calculation.
What the HeyAlbert database shows in Waltham, Massachusetts
HeyAlbert builds profiles of Indian-American individuals with an estimated net worth of $1M or more from public records, and every estimate is tied to a cited source. Our database currently places 76 such people in Waltham, Massachusetts [6]. That is a count of people we have found and estimated, not a census of wealthy households: our coverage is partial and uneven.
| Estimated net-worth band | People in our database |
|---|---|
| $5M+ | 42 |
| $1M–5M | 34 |
| Total, $1M+ | 76 |
Source: HeyAlbert database [6]. Bands are estimates from public evidence; $5M+ combines our $5–15M and $25M+ tiers. Cells under 25 are suppressed.
| City | $1M+ | of which $5M+ |
|---|---|---|
| Waltham | 76 | 42 |
Source: HeyAlbert database [6]. Cities with 25+ people at $1M+; cells under 25 shown as <25. The city is where our sources place the person; for some records it is a workplace rather than a home. Our records are matched on the city name Waltham; the Census figures are for the whole place.
Of the 76 people in our Waltham set, 34 are in the $1M–5M band and 42 in our $5M+ bands, about 55% at the top (our calculation) [6]. Fewer than 25 have a public giving signal [6].
Why our Waltham, Massachusetts count looks the way it does
Each estimate in our database rests on a primary piece of public evidence. The mix differs from place to place, depending on which records we have been able to process, and it shapes the counts above more than any real difference in wealth does [6].
| Primary evidence for the estimate | People | Share |
|---|---|---|
| Other public signals (executive roles, company filings, gifts, pay) | 42 | 55% |
| Home value (public assessor or listing records) | 34 | 45% |
Source: HeyAlbert database [6], people at $1M+. Categories under 25 not shown.
Other public signals support 42 estimates and home values 34 [6]. Waltham is a business location as well as a home city, so some people may be placed here by a company address.
What it means if you work with these families
For advisors, Waltham's top tier in our data rests on company signals more than on homes [6]. Our Middlesex County, Lexington and Cambridge posts cover the neighbors.
Methodology
Census figures are American Community Survey 5-year estimates for 2020–2024 and 2015–2019, Table B02018, using “Asian Indian, alone or in any combination” [1][2]. Total population comes from Table B01003 [3]. The Census Bureau changed how it codes detailed race responses in 2020, so part of the change between the two periods may reflect coding rather than migration. All estimates carry margins of error. Shares and growth rates are our calculations.
HeyAlbert counts are aggregates from our database as of November 2, 2026 [6]. They include people we identified as likely of Indian origin with an estimated net worth of $1M or more, based on public records such as property assessments, professional licenses, patents, SEC filings and donor rolls. Coverage is partial and depends on which public records exist and which we have processed. These counts are not population totals. Any cell under 25 is suppressed, and we publish aggregates only, never individual records.
Related
- Middlesex County, MA: Lexington leads on count, Cambridge at $5M+
- Lexington, MA: 11% of residents report Asian Indian descent; 607 in our $1M+ set
- Cambridge, MA: 6,600 residents of Indian descent, 104 in our $5M+ bands
- Indian-American wealth in the Boston metro: inside the Route 128 ring
HeyAlbert finds Indian-American families worth $1M+ and tells you who to call, with every fact cited. See who is in Waltham, Massachusetts at heyalbert.site.
Sources
- ACS 2020–2024 5-year estimates, Table B02018, places in Massachusetts. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=040XX00US25$1600000 (data: machine-readable)
- ACS 2015–2019 5-year estimates, Table B02018, places in Massachusetts. US Census Bureau. https://data.census.gov/table/ACSDT5Y2019.B02018?g=040XX00US25$1600000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B01003 (total population), places in Massachusetts. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=040XX00US25$1600000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B02018, places in Middlesex County, Massachusetts. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=050XX00US25017$1600000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B01003, places in Middlesex County, Massachusetts. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=050XX00US25017$1600000 (data: machine-readable)
- HeyAlbert database, aggregate counts (snapshot as of November 2, 2026); how we build it is described on our methodology page. HeyAlbert. https://heyalbert.site/research/methodology/
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