Salary & Cost of Living in Malden, MA
Malden, MA: $76,920 median salary, cost of living index 126.3, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$76,920
$37/hr
Cost of Living
126.3
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.5%
rate
Malden, MA Overview
Population
60,984
Median Salary
$76,920
Average Salary
$86,150
Avg Commute
19 min
Median Home Price
$640,000
Median Rent
$2,590/mo
Job Growth
+2%
Sales Tax
6.25%
Malden is located in Massachusetts with a population of 60,984. The median household salary is $76,920 per year ($37/hour), which is $17,536 above the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2%.
Malden Salary by Experience Level (2026)
Wage distribution in Malden, MA based on BLS percentile breakdown of the $76,920 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $47,690 | $22.93/hr | 0–2 years |
| Mid-Level (Median) | $76,920 | $36.98/hr | 3–7 years |
| Senior-Level | $109,226 | $52.51/hr | 8–15 years |
| Top 10% (90th Percentile) | $136,918 | $65.82/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Malden Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Malden, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$58,653
$4,887.77/month · $2,255.89/biweekly · Effective Rate: 23.7%
Gross Pay
$76,920
Federal Tax
-$8,536
State Tax
-$3,846
Local Tax
$0
FICA
-$5,884
Net Pay
$58,653
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,410.00 | $76,920.00 |
| Federal Income Tax | -$711.37 | -$8,536.40 |
| Massachusetts State Tax (5%) | -$320.50 | -$3,846.00 |
| Social Security (6.2%) | -$397.42 | -$4,769.04 |
| Medicare (1.45%) | -$92.95 | -$1,115.34 |
| Net Take-Home Pay | $4,887.77 | $58,653.22 |
Salary Comparison: Malden vs Other Cities
See how Malden's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Malden, MA | $76,920 | 126.3 | $60,903 |
| National Average | $59,384 | 100 | $59,384 |
| Wayne, NJ | $76,904 | 128.1 | $60,034 |
| Haverhill, MA | $77,194 | 139.4 | $55,376 |
| Rialto, CA | $76,610 | 152.8 | $50,137 |
| Belleville, NJ | $76,600 | 114.8 | $66,725 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Malden
Malden's cost of living index is 126.3 (national average = 100). Living in Malden is 26.299999999999997% more expensive than the national average.
Median Home Price
$640,000
Median Monthly Rent
$2,590
Annual Rent Cost
$31,080
Your Salary's Purchasing Power
Your $58,653 annual take-home pay in Malden has the purchasing power of approximately $46,440 in an average-cost US area. You would need to earn $97,150 in Malden to match a $76,920 salary in an average-cost city.
Top Industries in Malden
Malden's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $76,920.
Salary Tips for Malden Workers
- Negotiate for cost of living. Malden has a cost of living 26.299999999999997% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Research top industries. Malden's top industries include Biotech, Education, Finance. Targeting roles in these sectors can help you earn above the $76,920 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Malden, MA?
The median salary in Malden, MA is $76,920 per year, or $37 per hour. The average salary is $86,150. This is $17,536 above the national median of $59,384.
What is the cost of living in Malden, MA?
Malden's cost of living index is 126.3 (national average = 100), meaning it is 26.299999999999997% more expensive compared to the national average. The median home price is $640,000 and the median monthly rent is $2,590.
What are the best industries in Malden?
The top industries in Malden, MA include Biotech, Education, Finance. The city has a job growth rate of 2% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $76,920.
How does Malden's salary compare to other cities?
Malden's median salary of $76,920 is 29.5% above the national median of $59,384. However, when adjusted for cost of living (index: 126.3), the real purchasing power is approximately $60,903.
What is the minimum wage in Malden, MA?
The minimum wage in Malden, MA is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.