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2024 Compare Cities Economy:
Malden, MA vs New London, CT

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Highlights
- Household income in New London, is 34% less than it is in Malden and is 36% below the National Average.
- Malden unemployment rate is 7.1%.
- New London unemployment rate is 13.2%.

Economy
 Malden, MANew London, CTUnited States
 Unemployment Rate7.1%13.2%6.0%
 Recent Job Growth4.3%0.2%1.6%
 Future Job Growth39.9%28.9%33.5%
 Sales Taxes6.3%6.4%6.2%
 Income Taxes5.1%5.0%4.6%
 Income per Cap.$38,784$28,777$37,638
 Household Income$77,119$50,819$69,021
 Family Median Income$90,490$58,177$85,028
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 Est. Households By Income
 Malden, MANew London, CTUnited States
 Income Less Than 15K10.1%15.8%9.4%
 Income between 15K and 20K3.1%4.4%3.8%
 Income between 20K and 30K7.6%11.6%8.1%
 Income between 30K and 40K6.6%7.4%8.0%
 Income between 40K and 50K7.4%10.4%7.6%
 Income between 50K and 60K5.8%6.6%7.2%
 Income between 60K and 75K7.8%8.2%9.6%
 Income between 75K and 100K12.2%15.0%12.8%
 Income between 100K and 150K18.1%13.2%16.3%
 Income between 150K and 200K11.3%3.8%7.8%
 Income greater than 200K10.0%3.8%9.5%
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 Population By Occupation
 Malden, MANew London, CTUnited States
 Management, business, finance18.8%9.0%16.4%
 Engineering, computers, science14.1%8.8%6.5%
 Community, social services1.3%3.2%1.8%
 Legal1.4%0.5%1.2%
 Education, library5.8%5.4%6.2%
 Arts, design, media, sports, entertainment2.0%1.3%2.0%
 Healthcare practitioners and technology6.0%4.4%6.2%
 Healthcare support4.8%5.6%3.3%
 Firefighters, law enforcement1.5%2.0%2.1%
 Food preparation, serving7.0%7.6%5.4%
 Building maintenance4.9%7.5%3.6%
 Personal care2.3%4.5%2.6%
 Sales, office, administrative support14.6%20.9%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair6.2%5.3%8.1%
 Production, transportation, material moving9.4%13.8%13.1%

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Reviews for Malden    6 Reviews

Getting into downtown Boston is quick and  More

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Over 14 years ago

Malden has good schools and is an easy commute to Boston on public transportation. Property taxes are high. The weather is very changeable. It is not  More

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Malden is the northern end of the Boston metro area where the last two orange line stops make for an excellent commute. The pricing starts to get to a place where  More

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Reviews for New London    2 Reviews

Over 16 years ago

all and out its not that bad it just depends where you  More

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A very Historic City; no place more than mile from Salt Water; beautiful public beaches; vibrant art, theatre and music scene; brand new Science and Technology Magnet  More

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Start Your Review of New London

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ZIPS IN MALDEN, MASSACHUSETTS
02148
ZIPS IN NEW LONDON, CONNECTICUT
06320

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