Malden, MA
Maps & Population Facts
Population
61,212
Population Density
12,136
Labor Participaton
68.5%
Bachelor's or Higher
35.2%
Median Household Income
$62,361
Median Individual Income
$35,131
Median Individual Income(Full-time Workers Only)
$49,978
Housing Estimates
Median House Value
$359,700
Median Gross Rent
$1,393
Median Mortgage Payment
$2,042
Housing Units
24,367
People who reside in Malden live in:
Detached - Single Family Homes
26%
Apt, Condo, Other
74%
Analysis
Income
Households in Malden earn more money than the national median income, averaging 3% higher per household.
Housing
Malden has a median house price of $359,700. The cost of homeownership is higher than most areas. The cost of renting in Malden is 38% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 8% |
Demographics
The median age in Malden is 35. Malden has a population that is younger than in comparison to the US median age.
Malden ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Malden | Massachusetts | USA | |
Median Property Value | 359,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,042 | 2,108 | 1,513 |
Median Gross Rent | 1,393 | 1,208 | 1,012 |
Property Vacancy | 5.5% | 10.0% | 12.6% |
% Renters | 59% | 38% | 36% |
Residents per Sq. Mi. | 12,136 | 885 | 93 |
Personal Comparison
Malden | Massachusetts | USA | |
Median Household Income | 62,361 | 77,385 | 60,336 |
Median Individual Income | 35,131 | 41,700 | 33,646 |
Median Income (Full-Time) | 49,978 | 60,923 | 46,881 |
Median Age | 35.3 | 39.5 | 38.1 |
Labor Participation | 68.5% | 67.8% | 62.8% |
Attained College Degree | 35.2% | 43.4% | 32.0% |
Population Density Analysis
Malden, MA
12,136
Residents per Sq. Mile
The population density of Malden is comparable to that of a Major City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +