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Malden

Learn about the people, housing, costs and businesses in Malden, West Virginia

Median Home$126,800
Median Rent$988/month
Population407
Leading IndustriesFinance & Insurance · Information & Media · Public Administration10% finance & insurance
Home Value Growth⬆⬆⬆+29.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners65% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Malden
WV

Frequently Asked Questions

What are today's mortgage rates in Malden?

As of today, the 30-year fixed mortgage rate for Malden is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Malden?

The median home value in Malden is $127k. The median monthly rent is $988. Annual property taxes average $618. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Malden?

Home values in Malden have increased 29.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Malden?

Based on a typical all-in ownership cost of $848/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Malden is $62k/year.

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What industries drive the economy in Malden?

The largest employment sectors in Malden are public administration (30%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.