Malden Makes Top 10 List of Best Places in Massachusetts for Job Seekers

Malden recently made NerdWallet's top 10 list of "The Best Places in Massachusetts for Job Seekers."

Malden ranked fourth on the list, finishing behind Newton, Everett and Revere, respectively

According to the list, Malden saw the third-highest population growth from 2009 to 2012, increasing 7 percent. Everett (10 percent) and Methuen (7.7) saw more growth than Malden.

Meanwhile, Malden had the third-lowest median household income in 2011, earning $52,842, finishing ahead of Revere ($50,592) and Everett at $48,319. In 2011, Malden also had the second-lowest monthly homeowner costs at $678, finishing behind Methuen at $629.

As far as the 2013 unemployment rate is concerned, Malden finished fourth on the list at 6.7 percent, with Methuen (9.6 percent), Revere (8.1) and Everett (7.8) having higher rates, respectively.

"The city government has focused on developing and revitalizing downtown Malden for both residential and commercial purposes," reads NerdWallet's report. "Top employers in Malden are General Insulation, Armatron International and Asahi/America."

Data related to city growth, affordable living and the unemployment rate were used to compile the report.

"We assessed population growth from 2009 to 2012 to ensure that the city was attracting workers," reads the report. "We measured a city’s median household income to see if workers made a good living. We also analyzed the monthly homeowner costs, including mortgage payments, to see if the city had a reasonable cost of living.

"We looked at the unemployment rate," the report added.

What are your thoughts about Malden making NerdWallet's top 10 list of "The Best Places in Massachusetts for Job Seekers?" Do you think the city should be ranked higher, lower or omitted from the list? Let us know by posting a comment below.