Malden at a Glance
Population
3,790
Median Home Value
$86,100
Nat'l avg: $281,900
Median Rent
$729
Nat'l avg: $1,163
Median Income
$35,451
Nat'l avg: $74,580
Violent Crime
0.3 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
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About Malden
Malden, Missouri, a charming town nestled in the heart of the Bootheel, offers a refreshingly affordable lifestyle that's increasingly rare in today's market. With a population just shy of 4,000, it exudes a close-knit community feel, where neighbors know each other and the pace of life is decidedly unhurried. The real draw, however, is the cost of living. Median home values hover around a remarkable $86,100, a stark contrast to the national median of $350,000. This translates to homeownership that's within reach for many, and a quality of life that prioritizes value. Imagine owning a home, not just renting, and having more disposable income to enjoy life's simple pleasures. From an investment perspective, Malden presents a compelling case. While the median household income of $35,451 is lower than the national average, the incredibly low cost of housing creates an attractive affordability ratio. The town's small size contributes to a sense of safety and community, making it ideal for families, retirees, and those seeking a respite from the hustle and bustle of larger cities. While I can't provide specifics on unemployment, I can say that the local economy offers opportunities in agriculture and related industries, reflecting the region's rich agricultural heritage. For those seeking an affordable, safe, and welcoming community, Malden stands out as a true gem.