Malden is a larger medium-sized city located in the state of Massachusetts. With a population of 64,712 people and 13 associated neighborhoods, Malden is the 16th largest community in Massachusetts. Much of the housing stock in Malden was built prior to World War II, making it one of the older and more historic cities in the country.
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.
Telecommuters are a relatively large percentage of the workforce: 15.12% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
One thing that you will notice about Malden is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Malden a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
In Malden, however, the average commute to work is quite long. On average, people spend 36.27 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the city is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Although the majority of commuting trips in the city are by private automobile, Malden is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the subway helps to get to and from their jobs every morning, which benefits everyone in the Malden area by reducing both traffic and air pollution.
Malden is one of the most well-educated cities in the nation. 43.58% of adults in Malden have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Malden in 2022 was $43,728, which is lower middle income relative to Massachusetts, and upper middle income relative to the rest of the US. This equates to an annual income of $174,912 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.
Malden also has a high percentage of its population that was born in another country: 41.18%.
The most common language spoken in Malden is English. Other important languages spoken here include Chinese and Spanish.