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Malden Apartment Features
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Apartments Near Malden
For SaleMalden, MA Homes for Sale
Living In Malden, MA
Malden, a small city in Massachusetts, has a population of just over 61,000. Young professionals should fit right in, as they account for an above-average percentage of the community. With an average age of just under 38, the city's population is younger than most cities in Massachusetts. Homeowners tend to be in the minority in the area, and 59% of residents rent their homes despite paying roughly $137 per month more in rent than the state average.
Malden residents have an average commute of about 38 minutes, longer than the Massachusetts average of about 31 minutes. Many residents (32%) drive their own vehicle to work, while public transportation is used by only 17% of the population. Few residents (2%) commute to work on foot, though the number does exceed the national average.
Malden has a relatively high concentration of residents older than 25 with advanced degrees compared to the national average (7%), as 9% have earned a Master's degree or a Doctoral degree. Furthermore, 15% have a Bachelor's degree. There are plenty of industries from which to choose in Malden, the most common four of which are healthcare, retail, scientific, and entertainment. Combined, these industries make up 27% of the city's workforce. Meanwhile, looking at job function, many of the city's residents work in management, which ranks as the top profession in the city. Malden workers take home an average annual income of almost $74K, less than the Massachusetts average. Malden's average income, however, is fairly average compared to the national level ($73,345).
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