Last updated: 2024 BLS data · Page refreshed:
Malone has a population of 5,429 with a median age of 43.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,429 |
| Median Age | 43.4 |
| White | 95.9% |
| Black or African American | 2.4% |
| Hispanic or Latino | 1.0% |
| Other / Two or More Races | 0.7% |
The median household income in Malone is $60,548, which is 24.9% below the national median of $80,610. The per capita income is $32,843. The poverty rate is 22.2%.
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In Malone, 92.3% of residents age 25+ have a high school diploma or higher, and 24.0% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.3% |
| Bachelor's Degree or Higher | 24.0% |
| Graduate or Professional Degree | 8.5% |
The median home value in Malone is $107,600, below the national median of $303,400. The median monthly rent is $839. The homeownership rate is 51.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $107,600 |
| Median Monthly Rent | $839 |
| Homeownership Rate | 51.7% |
| Vacancy Rate | 11.8% |
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