Economy in Malden, Massachusetts
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Economy
| Unemployment Rate | 7.70% | 9.10% |
| Recent Job Growth | 0.56% | -0.12% |
| Future Job Growth | 33.42% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $28,787 | $27,067 |
| Household Income | $57,666 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.07% | 12.10% |
| Income between 15K and 25K | 8.65% | 10.18% |
| Income between 25K and 35K | 8.95% | 10.56% |
| Income between 35K and 50K | 13.82% | 14.98% |
| Income between 50K and 75K | 20.51% | 19.53% |
| Income between 75K and 100K | 15.58% | 12.52% |
| Income between 100K and 150K | 13.82% | 12.14% |
| Income between 150K and 250K | 4.20% | 3.91% |
| Income between 250K and 500K | 2.06% | 3.34% |
| Income greater than 500K | 0.33% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.53% | 13.81% |
| Professional and Related Occupations | 25.86% | 22.68% |
| Service | 16.62% | 14.51% |
| Sales and Office | 27.34% | 25.22% |
| Farming, Fishing, and Forestry | 0.07% | 0.68% |
| Construction, Extraction, and Maintenance | 7.16% | 9.37% |
| Production, Transportation, and Material Moving | 10.97% | 15.86% |
The unemployment rate in Malden, MA, is 7.70%, with job growth of 0.56%. Future job growth over the next ten years is predicted to be 33.42%.
Malden, MA Taxes
Malden, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Malden, MA Income and Salaries
The income per capita is $28,787, which includes all adults and children. The median household income is $57,666.
Malden Economy SperlingViews
Review of Malden, MA: 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... (read more)Malden, MA : Malden is a good location. It is about 10 miles north of Boston. Malden is on the Orange line (Mass. Bay Transit Authority) which provides easy access to Boston and... (read more)Malden lacks things to do: Formerly a blue-collar town, it's slowly being gentrified with the cost of living rise in metro boston, and the mix hasn't been a good one for Malden. The downtown area... (read more)Have an opinion about Malden? Leave a commentTo See All SperlingViews for Malden Click Here
