MaldenMassachusetts

Malden Population Demographics

According to US population projections for 2022, the estimated population of Malden is 65,057. 19.38% is under 18, while 12.71% is over 65.

A closer look at the age demography reveals that 6.66% of the population was five years old or younger, 19.38% were 18 years or younger and 22.88% were aged 65 years and over. The gender split in the state was nearly even, with 51.36% female and 48.64% male.

Malden Housing

According to the US Census, Malden has 28,151 housing units. The average owner-occupied housing unit rate in Malden was 93.73%. At the same time, the city's median value of owner-occupied homes was $586,200

Malden Racial Demographics

In 2020, the US Census estimated that White Alone and Asian Alone constitute 67.33% of Malden's population. Residents of the city who were Black Or African American Alone, made up 14.67% of the total population.

Other racial groups include Some Other Race Alone, constituting 7.30% of the city's population and White Black Or African American at 1.01%

How Educated is Malden

According to Census estimates, in 2021, 27.4% of Malden residents had a bachelor's degree, while 18.1% had a graduate or professional degree.

Overall, 45.50% of residents have a bachelor's degree or higher.

Average Income in Malden

The median household income in Malden is $86,410. This figure is significantly (approximately 0.00%) less than the state average of $86,410.

Estimates by family type revealed that families earned an average of $96,380 per year, while married-couple families earned an average of $96,823.

A closer examination of the income groups of Malden households revealed that the largest income group consisted of households with an annual income between $100,000 and $149,999. Other groups with yearly high household incomes include those between $50,000 and $74,999 (18.6%) and those with incomes exceeding $200,000 (10.6%). 2.9% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family