City of Malden

Location
Five miles northwest of Boston bordered by Melrose/Stoneham to the North, Medford to the West, Everett on the South, Revere to the East. Convenient to Logan Airport and Routes 1, 16, 93, 99 and 128.

Date of Founding
Established as a town on May 2, 1649; incorporated as a city on March 31, 1882. Malden observed its 350th anniversary during a year-long celebration from May 1999 to June 2000.

Land
5 square miles

Population
58,688 (approx.)

Government
Mayor elected to a four year term and an eleven member City Council elected biennially. Nine member School Committee, including the Mayor, who serves as chairperson, elected for two years.

Public Transportation
Massachusetts Bay Transportation Authority - Two Orange Line stations connecting all points. Commuter rail service linking Malden to Haverhill via the Reading/Haverhill Commuter Line. Regional bus terminal for seven communities. The Malden Center Orange Line Station is the fifth busiest station on the MBTA’s Orange Line system of 18 stations. More than 12,000 commuters use the station on a daily basis.

Housing
26,000 (approx.) units comprised of owner-occupied one, two and three family homes and several multi-family residential complexes. Styles vary; Malden is noted for its rich collection of fine Victorian-era homes.

Business
Approximately 1,800 businesses are located in the City. The business base is quite diverse. Many manufacturers, service-oriented companies and financial institutions have made Malden their home. Malden boasts an active Chamber of Commerce, 200 Pleasant Street, (781) 322-4500.

Tax Rate
Tax Rate: Fiscal Year 2011: Residential - $ (per $1,000); Commercial - $ (per $1,000). The City offers a residential exemption program for owner-occupants.

Residential Exemption
Malden is one of the few communities in the State to offer a "Residential Exemption". In 2010 that meant a $ savings in real estate taxes for qualified owner-occupied residential properties.

Labor Force
30,000 Malden residents of diverse backgrounds including professional, skilled and clerical. There is an additional labor pool of 300,000 within a five-mile radius.

Income
Median family income, $55,557 (2000 Census)

Education
Public: Five new K-8 schools, a citywide pre-school for 400 youngsters and one comprehensive high school (Grades 9-12). Malden students also attend the publicly-funded Mystic Valley Charter School (K-12), located in Malden. Parochial: One elementary and one high school. Malden is also a member of the Northeast Metropolitan Regional Vocational High School System. Massachusetts Department of Education is headquartered in downtown Malden.

Fire
Four fire stations; headed by a Commissioner and Chief.

Police
One police station; headed by a Commissioner and Chief.

Recreation
Approximately 30 park sites throughout the city providing a variety of recreational facilities including tennis courts, basketball courts, playgrounds and ballfields. Other sites include a 400-meter synthetic running track at Macdonald Stadium; the 56-acre Middlesex Fells Reservation; the 25 acre Fellsmere Pond; a DCR-owned and operated swimming pool; a 30,000 sq. ft. fieldhouse built under the new school rebuilding plan; and Pine Banks Park, operated by a Board of Trustees with equal representation by the cities of Malden and Melrose.

Youth Activities
Babe Ruth League, Little League, Pop Warner, Youth Soccer, Youth Hockey, Boy Scouts, Girl Scouts, YMCA and YWCA.

Houses of Worship
Over 25, including Catholic, Protestant, Jewish, Seventh Day Adventist, Haitienne and Chinese.

Library
A $ million addition to the library, dedicated in 1996, houses over 220,000 books and other materials. Services include a computerized database with many full-text magazine articles, CD-ROM databases and Internet access for the public. The original building, designed by Henry Hobson Richardson, and listed on the National Register of Historic Places, offers access to local history, genealogy and other special book collections. The Ryder Art Gallery, housing an impressive collection of European and American art, is open on request.

Organizations
A wide variety of civic, charitable, social and fraternal organizations are active in the community.

Arts/Entertainment
The City is within easy distance of all major urban amenities including theatres, institutions of higher learning, museums and medical facilities.

Average Housing Costs
Single family: $261,000 (Source: The Warren Group)

Utilities
Electric service, National Grid; Gas, National Grid; Cable, Comcast and Verizon; Water, Malden is a member of Massachusetts Water Resources Authority system. Public water/sewer.