Malden, MO Economy


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Malden, MO is an affordable place to live. The average 2 bedroom rent is only $660 which is significantly lower than the national average of $1,430. Even the grocery cost index in Malden, MO is 91 versus 100 for the US. This makes living in Malden much more economical than in other areas of the country. \nLocal businesses such as Dillow Sports Center, McDonald's and Dollar General serve residents in Malden with quality goods and services at competitive prices. Other popular local businesses include Walmart Supercenter, Pizza Hut and Dairy Queen Grill & Chill. Residents can also enjoy activities like golfing at Edgewood Country Club and swimming at Moseley Family Aquatic Center. With its many businesses and attractions, Malden has something for everyone.

Malden has an unemployment rate of 6.3%. The US average is 6.0%.

Malden has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 7.9%, which is lower than the US average of 33.5%.

Tax Rates for Malden
- The Sales Tax Rate for Malden is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Malden is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Malden
- The average income of a Malden resident is $14,401 a year. The US average is $28,555 a year.
- The Median household income of a Malden resident is $33,998 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMalden, MissouriUnited States
  6.36
  -1.2%-6.2%
  7.9%33.5%
  5.7%6.2%
  5.4%4.6%
  $17,653$37,638
  $33,998$69,021
  $41,837$85,028
  Population by Occupation
  13.1%1.2%
  0.0%0.5%
  3.8%6.8%
  16.5%10.0%
  1.7%2.5%
  18.2%11.0%
  4.6%4.8%
  1.0%0.8%
  0.3%1.9%
  0.0%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  0.0%4.2%
  5.1%9.3%
  17.0%14.0%
  2.7%2.1%
  7.0%7.0%
  3.5%4.8%
  5.1%4.7%
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