Living in Malmo, Nebraska
Cost of living, income, home prices, rent and demographics of Malmo · Census data 2020–2024
Malmo has 95 residents with a median age of 43.3. The median household income is $108,750 (42% higher than the Nebraska median), the median home value is $170,000.
Malmo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Malmo at a glance
- Population
- 95
- Median age
- 43.3State: 37.2
- Median household income
- $108,750State: $76,475
- Median home value
- $170,000State: $238,600
- Homeowners
- 96.8%
- Bachelor's degree or higher
- 19%
- Average commute
- 36 min
Is Malmo a good place to live?
Pros: Median household income 42% higher than the Nebraska median; home values 29% lower than the state median.
Cons: An average commute of 36 minutes; a poverty rate of 12.6%.
The weather is best in May–June and August–September.
Cost of living in Malmo
Housing is the biggest part of the cost of living. In Malmo the median home value is $170,000, 49% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,661 a month in housing costs.
Malmo median household income
The median household income in Malmo is $108,750 and the income per person is $42,625. 12.6% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Malmo: homes for sale and rent
- Housing units
- 41
- Owner-occupied
- 96.8%
- Renter-occupied
- 3.2%
- Vacant
- 24.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 3.06
Malmo demographics
- Population
- 95
- Median age
- 43.3
- Under 18
- 22.1%
- 65 and older
- 4.2%
- Households
- 31
- Foreign-born
- 0%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Malmo ›
Education in Malmo
19% of adults 25 and older in Malmo have a bachelor's degree or higher (Nebraska: 34.6%), and 12.1% have a graduate or professional degree.
Jobs and commute in Malmo
- Unemployment rate
- 0%State: 3%
- Average commute
- 36 minState: 19 min
- Work from home
- 8.3%
- Drive alone
- 91.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.1%
Malmo vs nearby towns
More for people moving to Malmo
Malmo ZIP code ›Weather and climate ›Living in Malmo: FAQ
What is the median household income in Malmo, NE?
The median household income in Malmo is $108,750, 42% higher than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Malmo?
The median home value in Malmo is $170,000, compared with $238,600 in Nebraska.
Is Malmo, NE a good place to live?
Pluses: median household income 42% higher than the Nebraska median; home values 29% lower than the state median. Minuses: an average commute of 36 minutes; a poverty rate of 12.6%.
What is the median age in Malmo?
The median age in Malmo is 43.3 years (Nebraska: 37.2).
How long is the commute in Malmo?
The average commute to work in Malmo is 36 minutes; 8.3% of workers work from home.
What is the unemployment rate in Malmo?
The unemployment rate in Malmo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malmo?
19% of adults in Malmo 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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