Last updated: 2024 BLS data · Page refreshed:
Malden has a population of 65,906 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 65,906 |
| Median Age | 35.8 |
| White | 40.2% |
| Black or African American | 13.7% |
| Asian | 28.1% |
| Hispanic or Latino | 9.5% |
| Other / Two or More Races | 8.5% |
The median household income in Malden is $100,606, which is 24.8% above the national median of $80,610. The per capita income is $48,581. The poverty rate is 11.4%.
The unemployment rate in Malden is 3.6%, compared to the national rate of 4.1%.
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In Malden, 86.0% of residents age 25+ have a high school diploma or higher, and 45.1% hold a bachelor's degree or higher (18.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.0% |
| Bachelor's Degree or Higher | 45.1% |
| Graduate or Professional Degree | 18.8% |
The median home value in Malden is $633,500, above the national median of $303,400. The median monthly rent is $2,204. The homeownership rate is 41.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $633,500 |
| Median Monthly Rent | $2,204 |
| Homeownership Rate | 41.3% |
| Vacancy Rate | 6.6% |
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