Malden, IL is a great place to live due to its low 2 bedroom rent cost of $750 and grocery cost index of 91 versus 100 in the US. Malden offers many attractions such as historic churches and buildings, parks, museums, lush gardens, a vibrant art community, and shopping centers for all tastes. Notable local companies include The Bank of Malden, Duggans Paint and Flooring Inc., and Image Screen Printing Inc. In addition, there are numerous restaurants with diverse menus that can be enjoyed by all.
Malden has an unemployment rate of 6.3%. The US average is 6.0%.
Malden has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Malden
- The Sales Tax Rate for Malden is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Malden is 5.0%. 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 $19,759 a year. The US average is $28,555 a year.
- The Median household income of a Malden resident is $56,750 a year. The US average is $69,021 a year.