Malden is a larger medium-sized city located in the state of Massachusetts. With a population of 66,693 people and 13 associated neighborhoods, Malden is the 16th largest community in Massachusetts. Malden has a large stock of pre-World War II architecture, 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.
A relatively large number of people in Malden telecommute to their jobs. Overall, about 19.81% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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, however, is that residents on average have to contend with a long commute, spending on average 34.91 minutes every day commuting to work. It is, however, a pedestrian-friendly city. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
For the size of the city, public transportation in Malden is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Malden, the benefits are reduced air pollution and congestion on the highways.
The education level of Malden ranks among the highest in the nation. Of the 25-and-older adult population in Malden, 45.07% 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 $48,581, which is lower middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $194,324 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, Brazilian, and English.
In addition, Malden has a lot of people living here who were born outside of the US (41.23%).
The most common language spoken in Malden is English. Other important languages spoken here include Chinese and Spanish.