Living in Malone, New York
Cost of living, income, home prices, rent and demographics of Malone · Census data 2020–2024
Malone has 5,429 residents with a median age of 43.4. The median household income is $60,548 (30% lower than the New York median), the median home value is $107,600, the median rent is $839/month.
Malone at a glance
- Population
- 5,429
- Median age
- 43.4State: 39.8
- Median household income
- $60,548State: $85,974
- Median home value
- $107,600State: $423,800
- Median rent
- $839/moState: $1,621
- Homeowners
- 51.7%
- Bachelor's degree or higher
- 24%
- Average commute
- 13 min
Is Malone a good place to live?
Pros: Home values 75% lower than the state median; an average commute of 13 minutes; unemployment of 2.3%.
Cons: Median household income 30% lower than the New York median; a poverty rate of 22.2%.
The weather is best in June to September.
Cost of living in Malone
Housing is the biggest part of the cost of living. In Malone the median home value is $107,600, 68% lower than the U.S. median. Renters pay a median of $839 per month, which is 22.1% of household income. Homeowners with a mortgage pay $1,124 a month in housing costs.
Malone median household income
The median household income in Malone is $60,548 and the income per person is $32,843. 22.2% of residents live below the poverty line (New York: 14%).
Housing in Malone: homes for sale and rent
- Housing units
- 3,018
- Owner-occupied
- 51.7%
- Renter-occupied
- 48.3%
- Vacant
- 11.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.98
Malone demographics
- Population
- 5,429
- Median age
- 43.4
- Under 18
- 18.5%
- 65 and older
- 18.3%
- Households
- 2,662
- Foreign-born
- 2%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Malone ›
Education in Malone
24% of adults 25 and older in Malone have a bachelor's degree or higher (New York: 40.2%), and 8.5% have a graduate or professional degree.
Jobs and commute in Malone
- Unemployment rate
- 2.3%State: 6.4%
- Average commute
- 13 minState: 33 min
- Work from home
- 4.4%
- Drive alone
- 69.6%
- Public transit
- 7.3%
- Walk to work
- 8.2%
- Homes with broadband
- 88.4%
Malone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Malone | 5,429 | $60,548 | $107,600 | $839 |
| Burke | 165 | $66,250 | $126,400 | $625 |
| Brushton | 504 | $54,635 | $111,200 | $673 |
| Chateaugay | 724 | $79,643 | $132,100 | $688 |
| Fort Covington | 1,041 | $68,750 | $112,500 | $547 |
| St. Regis Falls | 316 | $55,625 | $102,600 | $682 |
| Akwesasne | 4,089 | $51,868 | $177,800 | $979 |
| Lyon Mountain | 312 | $47,143 | $45,800 | $682 |
| Brasher Falls | 776 | $52,868 | $98,000 | $416 |
More for people moving to Malone
Malone ZIP code ›Weather and climate ›Living in Malone: FAQ
What is the median household income in Malone, NY?
The median household income in Malone is $60,548, 30% lower than the New York median of $85,974 (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 $107,600, compared with $423,800 in New York.
How much is rent in Malone?
The median gross rent in Malone is $839 per month, about 22.1% of household income.
Is Malone, NY a good place to live?
Pluses: home values 75% lower than the state median; an average commute of 13 minutes; unemployment of 2.3%. Minuses: median household income 30% lower than the New York median; a poverty rate of 22.2%.
What is the median age in Malone?
The median age in Malone is 43.4 years (New York: 39.8).
How long is the commute in Malone?
The average commute to work in Malone is 13 minutes; 4.4% of workers work from home.
What is the unemployment rate in Malone?
The unemployment rate in Malone is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malone?
24% 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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