Malden is a larger medium-sized city located in the state of Massachusetts. With a population of 65,133 people and 13 associated neighborhoods, Malden is the 16th largest community in Massachusetts. Malden has an unusually large stock of pre-World War II architecture, making it one of the older and more historic cities.
Housing costs in Malden are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Malden has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.62% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another interesting thing about Malden, despite not being a huge city, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
One downside of living in Malden is that it can take a long time to commute to work. In Malden, the average commute to work is 35.28 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly city. Many of Malden’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Like elsewhere in America, most people in Malden use a private automobile to get to work. But notably, a substantial number of Malden‘s citizens do make use of public transit in their daily commute, primarily riding the subway. This helps more people get to work with less air pollution, and require fewer highways to get them there.
The education level of Malden ranks among the highest in the nation. Of the 25-and-older adult population in Malden, 44.91% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Malden in 2022 was $47,303, which is lower middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $189,212 for a family of four. However, Malden contains both very wealthy and poor people as well.
Malden is an extremely ethnically-diverse city. The people who call Malden home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malden residents report their race to be White, followed by Asian. Important ancestries of people in Malden include Irish, Italian, Haitian, English, and Brazilian.
Foreign born people are also an important part of Malden's cultural character, accounting for 40.77% of the city’s population.
The most common language spoken in Malden is English. Other important languages spoken here include Chinese and French Creole.