Living in Malone, Florida
Cost of living, income, home prices, rent and demographics of Malone · Census data 2020–2024
Malone has 1,998 residents with a median age of 41.2. The median household income is $45,000 (40% lower than the Florida median), the median home value is $82,500, the median rent is $684/month.
Malone at a glance
- Population
- 1,998
- Median age
- 41.2State: 42.6
- Median household income
- $45,000State: $74,568
- Median home value
- $82,500State: $359,000
- Median rent
- $684/moState: $1,669
- Homeowners
- 78.5%
- Bachelor's degree or higher
- 5.4%
- Average commute
- 31 min
Is Malone a good place to live?
Pros: Home values 77% lower than the state median; unemployment of 4.1%.
Cons: Median household income 40% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 16.8%.
The weather is best in March–April and October–November.
Cost of living in Malone
Housing is the biggest part of the cost of living. In Malone the median home value is $82,500, 75% lower than the U.S. median. Renters pay a median of $684 per month, which is 24.7% of household income. Homeowners with a mortgage pay $1,315 a month in housing costs.
Malone median household income
The median household income in Malone is $45,000 and the income per person is $12,248. 16.8% of residents live below the poverty line (Florida: 12.6%).
Housing in Malone: homes for sale and rent
- Housing units
- 391
- Owner-occupied
- 78.5%
- Renter-occupied
- 21.5%
- Vacant
- 8.4%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.32
Malone demographics
- Population
- 1,998
- Median age
- 41.2
- Under 18
- 8.8%
- 65 and older
- 14.3%
- Households
- 358
- Foreign-born
- 3.6%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Malone ›
Education in Malone
5.4% of adults 25 and older in Malone have a bachelor's degree or higher (Florida: 34.1%), and 4.1% have a graduate or professional degree.
Jobs and commute in Malone
- Unemployment rate
- 4.1%State: 4.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 12.8%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86%
Malone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Malone | 1,998 | $45,000 | $82,500 | $684 |
| Bascom | 137 | $74,000 | $95,000 | — |
| Greenwood | 803 | $46,023 | $96,400 | $907 |
| Cottonwood | 971 | $34,468 | $111,500 | $339 |
| Marianna | 7,150 | $40,414 | $98,700 | $861 |
| Jakin | 155 | $39,583 | $201,700 | $888 |
| Campbellton | 217 | $50,208 | $77,100 | $1,125 |
| Madrid | 220 | $39,750 | $122,500 | $1,000 |
| Jacob City | 230 | $37,917 | $62,500 | $798 |
More for people moving to Malone
Malone ZIP code ›Weather and climate ›Living in Malone: FAQ
What is the median household income in Malone, FL?
The median household income in Malone is $45,000, 40% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Malone?
The median home value in Malone is $82,500, compared with $359,000 in Florida.
How much is rent in Malone?
The median gross rent in Malone is $684 per month, about 24.7% of household income.
Is Malone, FL a good place to live?
Pluses: home values 77% lower than the state median; unemployment of 4.1%. Minuses: median household income 40% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 16.8%.
What is the median age in Malone?
The median age in Malone is 41.2 years (Florida: 42.6).
How long is the commute in Malone?
The average commute to work in Malone is 31 minutes; 12.8% of workers work from home.
What is the unemployment rate in Malone?
The unemployment rate in Malone is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malone?
5.4% of adults in Malone have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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