Malden, Massachusetts Tier 4
Tier 4 · mixed schools · about 20 minutes door-to-door to downtown Boston at peak · 42% of households own their home.
$700k
4BR / 2BA house (est.)
$575k
3BR townhouse (est.)
$425k
2BR condo (est.)
$11.40
Tax per $1,000 (FY2026)
28 min
Peak drive to Boston (modeled)
🚇 12 min
Rapid transit (T) · ~12 min to downtown
42%
Homeowners (ACS 2019–23)
What it takes to live here
| Scenario (20% down) | Monthly all-in | Income needed |
|---|---|---|
| 4BR / 2BA detached house | $4,380/mo | $188k/yr |
| 3BR / 2BA townhouse | $3,629/mo | $156k/yr |
| 2BR condo | $2,728/mo | $117k/yr |
Monthly = mortgage (6.5%, 30-year, 20% down) + property tax at Malden’s actual FY2026 rate ($11.40/$1,000 = 1.14% of assessed value) + $175 insurance. “Income needed” keeps housing at 28% of gross income. Prices are market estimates, not appraisals.
Community snapshot
| ACS 2019–2023 (via MAPC DataCommon) | Share |
|---|---|
| Homeowner households | 42% |
| White (non-Hispanic) | 42% |
| Asian (non-Hispanic) | 29% |
| Latino / Hispanic | 8.1% |
| African American (non-Hispanic) | 13% |
These figures are neutral census facts, shown for every town equally. They are never used to filter, rank, or recommend towns — see our methodology and the federal Fair Housing Act.
