02148 Malden, MA is a suburban area located just 7 miles north of Boston. It has a population of 59,450 people that enjoy the convenience of living close to the city while still having a community feel. The two bedroom rent in 02148 Malden, MA is $2,780 which is nearly double the national average. Additionally, the grocery cost index in 02148 Malden, MA is 110 versus 100 in the US. Due to its proximity to Boston and its range of museums, parks and restaurants, 02148 Malden is home to several large employers such as Massachusetts General Hospital (MGH), Harvard University and Biogen. Apart from businesses it also houses many family-owned local businesses such as Fazenda Cafe, Salva Italian Restaurant & Pizzeria, Spinelli’s Market and more that contribute to the tight-knit neighborhood atmosphere of 02148 Malden.
Malden (zip 02148) has an unemployment rate of 7.1%. The US average is 6.0%.
Malden (zip 02148) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Malden (zip 02148)
- The Sales Tax Rate for Malden (zip 02148) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Malden (zip 02148) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Malden (zip 02148)
- The average income of a Malden (zip 02148) resident is $26,721 a year. The US average is $28,555 a year.
- The Median household income of a Malden (zip 02148) resident is $77,082 a year. The US average is $69,021 a year.