Living in Malden, West Virginia
Cost of living, income, home prices, rent and demographics of Malden · Census data 2020–2024
Malden has 320 residents with a median age of 70.4. The median household income is $50,774 (15% lower than the West Virginia median), the median home value is $159,600.
Malden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Malden at a glance
- Population
- 320
- Median age
- 70.4State: 42.7
- Median household income
- $50,774State: $59,608
- Median home value
- $159,600State: $162,600
- Homeowners
- 95.1%
- Bachelor's degree or higher
- 7.6%
Is Malden a good place to live?
Pros: Home values about the same as the state median.
Cons: Median household income 15% lower than the West Virginia median; unemployment of 30.8%.
The weather is best in May and August to October.
Cost of living in Malden
Housing is the biggest part of the cost of living. In Malden the median home value is $159,600, 52% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,215 a month in housing costs.
Malden median household income
The median household income in Malden is $50,774 and the income per person is $40,804. 0% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Malden: homes for sale and rent
- Housing units
- 227
- Owner-occupied
- 95.1%
- Renter-occupied
- 4.9%
- Vacant
- 18.9%Includes seasonal homes
- Median year built
- 1944
- Average household size
- 1.61
Malden demographics
- Population
- 320
- Median age
- 70.4
- Under 18
- 5.3%
- 65 and older
- 59.7%
- Households
- 184
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Malden ›
Education in Malden
7.6% of adults 25 and older in Malden have a bachelor's degree or higher (West Virginia: 24.1%), and 4% have a graduate or professional degree.
Jobs and commute in Malden
- Unemployment rate
- 30.8%State: 5.4%
- Average commute
- —State: 27 min
- Work from home
- 13.6%
- Drive alone
- 86.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80.4%
Malden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Malden | 320 | $50,774 | $159,600 | — |
| Rand | 1,064 | $61,047 | $89,900 | $953 |
| Coal Fork | 1,423 | $70,212 | $101,000 | — |
| Marmet | 1,524 | $52,115 | $95,100 | $854 |
| Belle | 1,611 | $77,031 | $107,100 | $891 |
| Charleston | 47,421 | $65,812 | $203,300 | $908 |
| Chesapeake | 1,702 | $60,927 | $84,500 | $967 |
| Big Chimney | 610 | $43,403 | — | — |
| Shrewsbury | 310 | $48,818 | $85,300 | — |
More for people moving to Malden
Malden ZIP code ›Weather and climate ›Living in Malden: FAQ
What is the median household income in Malden, WV?
The median household income in Malden is $50,774, 15% lower than the West Virginia median of $59,608 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Malden?
The median home value in Malden is $159,600, compared with $162,600 in West Virginia.
Is Malden, WV a good place to live?
Pluses: home values about the same as the state median. Minuses: median household income 15% lower than the West Virginia median; unemployment of 30.8%.
What is the median age in Malden?
The median age in Malden is 70.4 years (West Virginia: 42.7).
What is the unemployment rate in Malden?
The unemployment rate in Malden is 30.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malden?
7.6% of adults in Malden have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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