in . The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and … Income limits, fair market rents and rent rates vary with each agency. In 2017, Malden & Medford Cities PUMA, MA had a population of 119k people with a median age of 35.5 and a median household income of $70,753. The median gross income for households in Malden is $26,596 a year, or $2,216 a month. Between 2016 and 2017 the population of Malden & Medford Cities PUMA, MA grew from 118,015 to 118,912, a 0.76% increase and its median household income grew from $66,682 to $70,753, a 6.11% increase. MassachusettsAtlas NumberPercent EMPLOYMENT STATUS Population 16 years and over46,255100.0 In labor force31,14767.3 Civilian labor force31,14767.3 Employed29,90364.6 Unemployed1,2442.7 Percent of civilian labor force4.0(X) Armed Forces00.0 Not in labor force15,10832.7 Females 16 years and over24,247100. Click To Enlarge. The median rent for the city is $562 a month. Settled 1640, incorporated as a city in 1882- Just 6 miles north of Boston. funds. Settled 1640. Gateway City. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. Income and Salaries for Malden (zip 02148) - The average income of a Malden (zip 02148) resident is $26,721 a year. Malden Family Health Center is located at 178 Savin Street in the West End Malden neighborhood, MA, Malden, 02148. There are 22,914 households in the city with an average household size of 2.63 persons. $1,518. In Ferryway, there are 3 class B industrial buildings. Housing swings affordability the most between places in Massachusetts, so we broke down the statistics around housing costs into more detail. 59.14% of households in Malden are renters. In West End Malden, there is 1 class B office building. To see if you qualify, find the city/town that you live in on the regional lists below and look at the … Housing units, July 1, 2019, (V2019) X: Owner-occupied housing unit rate, 2014-2018: 40.8%: Median value of owner-occupied housing units, 2014-2018 The office space availability for the 02148 zip code is 513,902 Sqft, in 16 office spaces. $64,178 ±$2,401 Median household income. The official US Postal Service name for 02148 is MALDEN, Massachusetts. Full demographic report of Malden, MA 02148 population including education levels, household income, job market, ethnic makeup, and languages. No. The median gross income for households in Malden is $54,896 a year, or $4,575 a month. Zip code 02148 is within area code 781 and area code 339. Source: Wikipedia User John Phelan | CC BY 3.0. 224 Everett, $14,996 with a $60,482 median household income No. Click To Enlarge . Median Household Income: $62,106; Annual Residential Turnover: 0.00%; Median Home Sales Price: $510,000; Closest Major Sports Team: BOSTON BRUINS; Change Avg. 212 Malden, $14,928 with a $64,178 median household income No. The average cost is $3,058 per month, or around $36,696 annually. At zip code level, there are 22 commercial properties, of which 9 are industrial buildings over 50,000 square feet. Malden is a town in Whitman County, eastern Washington, United States. Eligible households are Malden renter households earning no more than 80% of the Area Median Income (AMI) ... City of Malden 215 Pleasant Street Malden, MA 02148 Phone: 781-397-7000 City Hall Hours (Temporary During COVID By Appointment Only) Monday: 8AM-5PM Tuesday: 8AM-7PM Wednesday: 8AM-5PM Thursday: 8AM-5PM Friday: CLOSED Saturday: CLOSED Sunday: CLOSED; … The per capita income for the town was $12,477. million . The median income in Malden, MA is $30,600 and the median home value is $61,395. The US average is $28,555 a year. There are 29,408 male residents living in West End Malden and 31,946 female residents. Portions of zip code 02148 are contained within or border the city limits of Malden, MA, Melrose, MA, Medford, MA, Revere, MA, Everett, MA, Saugus, MA, and Stoneham, MA. 248 Winchester, $14,590 with a $159,536 median household income Malden median household income is $55,523, which has grown by 21.62% since 2000. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Area Median Income: $55,471. Nearby Listings. See More Photos > Rankings for Malden in Massachusetts. The median household income growth rate is much lower than the state average rate of 34.34% and is lower than the national average rate of 27.36%. References. INCOME BY POPULATION PERCENT ECONOMY: Malden, Massachusetts: United States Unemployment Rate: 2.7%: 3.7% Recent Job Growth: 4.3%: 1.6% … Annual Recipient of approx. Malden median house value is $328,800 in 2010-2014 and has grown by 86.71% since 2000. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.5% of the neighborhoods in America. Malden is an area in Middlesex County,Massachusetts with a population of 61,094. Malden HUD Rental Assistance Income Qualifications . - The Median household income of a Malden (zip 02148) resident is $55,407 a year. The average Malden worker earns $45,000 / year; Median household income is $60,000 / year, and lower among renters; Median single family home is $435,000, at least $185,000 more than the median household can afford, assuming good credit and large down payments 2009 “Best Place to Raise Your Kids “ in state of MA . The total number of households is 22,996 with 3 people per household on average.The median age of the current population is 35 with 24,939 people being married and 26,804 being single. Source: Wikipedia User Pilgrimsong | CC BY-SA 3.0. 61% Free/Reduced Lunch at High School. Median Income. The house value growth rate is higher than the state average rate of 77.65% and … Malden is a medium-sized city in Middlesex County, Massachusetts. Malden, MA Photos. Explore demographics of Malden, MA including diversity, population, income, and community statistics. Data derived from Population Estimates, 2000 Census of Population and Housing, 1990 Census of Population and Housing, Small Area Income and Poverty Estimates, County Business Patterns, 1997 Economic Census, Minority- and Women-Owned Business, Building Permits, Consolidated Federal Funds Report, Census of … West End Malden is an area in Malden,Middlesex County,Massachusetts with a population of 61,354. Ranks #18 in Best Places … Malden is a city in Middlesex County, Massachusetts with a population of 60,612. - The Median household income of a Malden resident is $55,523 a year. Males had a median income of $30,000 versus $31,250 for females. Household Income Since 2000: 41% * Scale from 1-5 ** Index where 100 is the national average … about three-quarters of the amount in the Boston-Cambridge-Newton, MA-NH Metro Area: $85,508 ±$612; about 80 percent of the amount in Massachusetts: $77,378 ±$425 There are 29,343 male residents living in Malden and 31,751 female residents. Federal . Median income (the income of the household at the midpoint of the income distribution) in Malden grew only 15 percent, after adjusting for inflation, and grew 27 percent statewide. The Class B Office building was completed in 1972 and features a total of 41,106 Sqft. About 18.0% of families and 17.4% of the population were below the poverty line, including 17.9% of those under the age of eighteen and 4.7% of those 65 or over. Malden Housing Authority is located at 630 Salem Street, Malden, MA, 02148 and serves the city of Malden. The US average is $28,555 a year. Malden, MA real estate overview, Malden real estate market trends, school information, homes for sale and more! It's also important to consider median household incomes to make apples-to-apples comparisons across locations. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Search Homes For Sale In Malden, MA. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment). Males had a median income of $37,741 versus $31,157 for females. Malden median household income is $55,523 in 2010-2014 and has grown by 21.62% since 2000. In Malden, a household making less than $1,873 a month would be considered overburdened when renting an apartment at or above the median rent. Malden, MA Data & Demographics (As of July 1, 2020) POPULATION; Total Population: 65,333 (100%) Population in Households: 64,951 (99.4%) Population in Families: 49,377 (75.6%) Population in Group Quarters 1: 382 ( 0.6%) Population Density: 12,952: Diversity Index 2: 74 : INCOME; Median Household Income: $62,974: Average Household Income: $82,499 % of Income for Mortgage 4: 27%: Per … The per capita income for the city was $22,004. Median Rent. Malden, MA Housing Cost Breakdown. The US average is $53,482 a year. The cost of independent living in Malden, MA typically ranges from around $2,063 per month to $5,222 per month. This professionally managed smoke-free community is designed to meet the needs of elderly & disabled individuals who are income qualified to receive section 8 housing assistance. The income growth rate is much lower than the state average rate of 34.34% and is lower than the national average rate of 27.36%. Click To Enlarge. The US average is $53,482 a year. MA Department of Housing & Community Development Emergency Rental & Mortgage Assistance Program Income Guidelines The Emergency Rental & Mortgage Assistance (ERMA) program can assist households with total gross household incomes of between 50% and 80% Area Median Income (AMI). Contact Phone: (781) 324-3725 Details: Robinson Cuticura Mill Apartments in Malden, MA are an excellent option for affordable housing north of Boston. $382,200 Median … Source U.S. Census Bureau: State and County QuickFacts. By contrast, Massachusetts income per household overall increased 69 percent, with the gains heavily concentrated among the highest-income households. The Class B Industrial building was completed in 1920 and features a total of 180,000 Sqft. Please contact Malden Housing Authority at, (781)322-3150 for more information about coverage area and program availability. Income and Salaries for Malden - The average income of a Malden resident is $26,760 a year. $64,178. It is part of the Boston-Cambridge-Quincy metropolitan statistical area. Read on to learn more about Malden, MA, and if you’d like some tips and advice for making your big move, check out our Make Your Move page, where you’ll find all kinds of stories and insights including How to Start Over in a New City , Tips for Getting to Know a New City Before You Move and so much more. The total number of households is 23,076 with 3 people per household on average.The median age of the current population is 35 with 25,054 people being married and 26,849 being single. Income and Rent Overburden in Malden. Source: Wikipedia User Anthony92931 | CC BY-SA 3.0. 2.7 . The neighbors in the Medford St / Main St neighborhood in Malden are upper-middle income, making it an above average income neighborhood. View the Malden, MA population and other interesting demographics including: median age, male to female ratio, marital status, source of income, languages spoken and race breakdown. Malden Industrial Center is located at 730 Eastern Avenue in the Ferryway neighborhood, MA, Malden, 02148. The median income for a household in the city was $45,654, and the median income for a family was $55,557. Home and income come data comes from the most recent US Census ACS 2014-2018. Buildings over 50,000 square feet income ( adjusted for unit size ) Malden, MA, Malden real overview... 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