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Malden

Learn about the people, housing, costs and businesses in Malden, Missouri

Median Home$94,445
Median Rent$744/month
Population3,589
Leading IndustriesConstruction · Education · Retail8% construction
Home Value Growth⬆⬆⬆+23.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners50% of occupied units
NotableTransit91/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Malden
MO

Frequently Asked Questions

What are today's mortgage rates in Malden?

As of today, the 30-year fixed mortgage rate for Malden is approximately 7.538% (7.596% 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 $94k. The median monthly rent is $744. Annual property taxes average $544. 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 23.2% 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 $634/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Malden is $43k/year.

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What industries drive the economy in Malden?

The largest employment sectors in Malden are public administration (27%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.