How Credit Scores In Malden Compare To Other U.S. Cities

MALDEN, MA — The personal finance site WalletHub is out with a new report ranking the average credit scores of about 2,500 U.S. cities. In Massachusetts, wealthier cities like Lexington and Needham scored highest, but larger cities like Worcester and Framingham still had a decent showing.

The data was pulled from the credit bureau TransUnion and was dated to September 2019, according to WalletHub. The highest ranked city in Massachusetts was Lexington (No. 10 nationwide) with an average score of 779.

To compare, the lowest ranked cities — like Camden, N.J., and Detroit — had scores in the mid 500s. The average credit score in the U.S. is 703, according to the credit reporting agency Experian.

Here's how Malden and other local cities on the list were ranked:

Malden

Overall rank: 1038

Percentile: 60

Median credit score: 709

Medford

Overall rank: 524

Percentile: 80

Median credit score: 736

Melrose

Overall rank: 120

Percentile: 95

Median credit score: 760

Everett

Overall rank: 1713

Percentile: 33

Median credit score: 674

Revere

Overall rank: 1437

Percentile: 44

Median credit score: 684

WalletHub also ranked cities in three different categories according to city size. Malden was in the "small" city category and ranked in the 58th percentile nationwide, along with over a dozen other communities.

You can read the full report on the WalletHub website.