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2024 Compare Cities Economy:
Springfield, MA vs Malden, MA

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Highlights
- Household income in Malden, is 78% more than it is in Springfield and is 11% above the National Average.
- Springfield unemployment rate is 11.2%.
- Malden unemployment rate is 7.1%.

Economy
 Springfield, MAMalden, MAUnited States
 Unemployment Rate11.2%7.1%6.0%
 Recent Job Growth3.6%4.3%1.6%
 Future Job Growth31.7%39.9%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$23,161$38,784$37,638
 Household Income$43,308$77,119$69,021
 Family Median Income$54,646$90,490$85,028
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 Est. Households By Income
 Springfield, MAMalden, MAUnited States
 Income Less Than 15K19.7%10.1%9.4%
 Income between 15K and 20K6.6%3.1%3.8%
 Income between 20K and 30K11.0%7.6%8.1%
 Income between 30K and 40K9.9%6.6%8.0%
 Income between 40K and 50K8.3%7.4%7.6%
 Income between 50K and 60K6.6%5.8%7.2%
 Income between 60K and 75K8.6%7.8%9.6%
 Income between 75K and 100K11.0%12.2%12.8%
 Income between 100K and 150K11.5%18.1%16.3%
 Income between 150K and 200K4.1%11.3%7.8%
 Income greater than 200K2.6%10.0%9.5%
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 Population By Occupation
 Springfield, MAMalden, MAUnited States
 Management, business, finance8.8%18.8%16.4%
 Engineering, computers, science3.7%14.1%6.5%
 Community, social services4.4%1.3%1.8%
 Legal0.8%1.4%1.2%
 Education, library5.2%5.8%6.2%
 Arts, design, media, sports, entertainment1.6%2.0%2.0%
 Healthcare practitioners and technology5.2%6.0%6.2%
 Healthcare support11.8%4.8%3.3%
 Firefighters, law enforcement2.4%1.5%2.1%
 Food preparation, serving5.8%7.0%5.4%
 Building maintenance3.9%4.9%3.6%
 Personal care3.5%2.3%2.6%
 Sales, office, administrative support19.1%14.6%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair5.9%6.2%8.1%
 Production, transportation, material moving17.2%9.4%13.1%

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Reviews for Springfield    15 Reviews

Over 5 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Over 10 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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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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ZIPS IN SPRINGFIELD, MASSACHUSETTS
01109, 01108, 01104, 01118, 01119, 01105, 01107, 01151, 01129, 01128, 11 total
ZIPS IN MALDEN, MASSACHUSETTS
02148

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