Malden, WV
Population 298 · West Virginia
About Malden, WV
Malden is a small community located in West Virginia with a population of 298 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,571 per year, which is 34% below the national median of $75,149. The median age of 70.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Malden features a median home value of $153,600, which is 37% below the national median of $244,900. This positions Malden in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 225 total housing units, 94% are owner-occupied (176 units) and 6% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Malden shows an unemployment rate of 12.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Malden have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
16.0% of Malden residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 6.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Malden, WV
Compared to national averages, Malden has a median household income of $49,571 (34% below the national median of $75,149). Home values average $153,600, which is 37% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, Malden's income is 8% below the state average of $54,014, and home values are 20% above the state median of $128,301.
Why Live in Malden, WV?
Malden offers affordable housing with a median home value of $153,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($49,571) that falls below the national average. However, Malden’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malden has a population of 298 with a median age of 70.9 years. Compare Malden with other cities to see how it stacks up, or explore all cities in West Virginia.
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Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malden
What is the population of Malden, WV?
The population of Malden, WV is 298 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Malden?
The median household income in Malden, WV is $49,571 per year, which is 34% below the national median of $75,149.
What is the median home value in Malden?
The median home value in Malden, WV is $153,600, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Malden?
The median monthly rent in Malden, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Malden?
The unemployment rate in Malden, WV is 12.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Malden, WV a good place to live?
Malden offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 298 and a median age of 70.9, the city appeals to established professionals and retirees.
How educated is Malden, WV?
16.0% of residents in Malden aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Malden?
Key cost-of-living indicators for Malden, WV: median home value is $153,600 (37% below national), median rent is $0/month, and median household income is $49,571. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Malden?
The poverty rate in Malden, WV is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Malden, WV?
Malden's population is 0.0% White, 6.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.