Last updated: 2024 BLS data · Page refreshed:
Malone has a population of 1,998 with a median age of 41.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,998 |
| Median Age | 41.2 |
| White | 44.8% |
| Black or African American | 39.4% |
| Hispanic or Latino | 14.3% |
| Other / Two or More Races | 1.5% |
The median household income in Malone is $45,000, which is 44.2% below the national median of $80,610. The per capita income is $12,248. The poverty rate is 16.8%.
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In Malone, 69.7% of residents age 25+ have a high school diploma or higher, and 5.4% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 69.7% |
| Bachelor's Degree or Higher | 5.4% |
| Graduate or Professional Degree | 4.1% |
The median home value in Malone is $82,500, below the national median of $303,400. The median monthly rent is $684. The homeownership rate is 78.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $82,500 |
| Median Monthly Rent | $684 |
| Homeownership Rate | 78.5% |
| Vacancy Rate | 8.4% |
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