Living in Malakoff, Texas
Cost of living, income, home prices, rent and demographics of Malakoff · Census data 2020–2024
Malakoff has 2,045 residents with a median age of 42.5. The median household income is $56,719 (28% lower than the Texas median), the median home value is $83,800, the median rent is $834/month.
Malakoff at a glance
- Population
- 2,045
- Median age
- 42.5State: 35.6
- Median household income
- $56,719State: $78,476
- Median home value
- $83,800State: $283,800
- Median rent
- $834/moState: $1,403
- Homeowners
- 62%
- Bachelor's degree or higher
- 19.3%
- Average commute
- 24 min
Is Malakoff a good place to live?
Pros: Home values 70% lower than the state median; an average commute of 24 minutes; unemployment of 0.3%.
Cons: Median household income 28% lower than the Texas median; a poverty rate of 20.5%.
The weather is best in April–May and October–November.
Cost of living in Malakoff
Housing is the biggest part of the cost of living. In Malakoff the median home value is $83,800, 75% lower than the U.S. median. Renters pay a median of $834 per month, which is 25.5% of household income. Homeowners with a mortgage pay $1,383 a month in housing costs.
Malakoff median household income
The median household income in Malakoff is $56,719 and the income per person is $23,998. 20.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Malakoff: homes for sale and rent
- Housing units
- 1,021
- Owner-occupied
- 62%
- Renter-occupied
- 38%
- Vacant
- 18.9%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.38
Malakoff demographics
- Population
- 2,045
- Median age
- 42.5
- Under 18
- 26.8%
- 65 and older
- 15.7%
- Households
- 828
- Foreign-born
- 9.9%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Malakoff ›
Education in Malakoff
19.3% of adults 25 and older in Malakoff have a bachelor's degree or higher (Texas: 33.8%), and 2.5% have a graduate or professional degree.
Jobs and commute in Malakoff
- Unemployment rate
- 0.3%State: 5.3%
- Average commute
- 24 minState: 27 min
- Work from home
- 10.8%
- Drive alone
- 80.3%
- Public transit
- 0%
- Walk to work
- 5.7%
- Homes with broadband
- 71.5%
Malakoff vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Malakoff | 2,045 | $56,719 | $83,800 | $834 |
| Star Harbor | 470 | $107,083 | $342,500 | — |
| Caney City | 192 | $73,125 | — | — |
| Log Cabin | 998 | $53,438 | — | $1,076 |
| Trinidad | 806 | $50,333 | $146,900 | $727 |
| Payne Springs | 1,201 | $63,145 | $233,200 | $1,158 |
| Enchanted Oaks | 269 | $79,250 | $415,200 | $1,292 |
| Eustace | 1,039 | $68,250 | $192,900 | $1,007 |
| Athens | 13,200 | $67,984 | $210,800 | $1,112 |
More for people moving to Malakoff
Malakoff ZIP code ›Weather and climate ›Living in Malakoff: FAQ
What is the median household income in Malakoff, TX?
The median household income in Malakoff is $56,719, 28% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Malakoff?
The median home value in Malakoff is $83,800, compared with $283,800 in Texas.
How much is rent in Malakoff?
The median gross rent in Malakoff is $834 per month, about 25.5% of household income.
Is Malakoff, TX a good place to live?
Pluses: home values 70% lower than the state median; an average commute of 24 minutes; unemployment of 0.3%. Minuses: median household income 28% lower than the Texas median; a poverty rate of 20.5%.
What is the median age in Malakoff?
The median age in Malakoff is 42.5 years (Texas: 35.6).
How long is the commute in Malakoff?
The average commute to work in Malakoff is 24 minutes; 10.8% of workers work from home.
What is the unemployment rate in Malakoff?
The unemployment rate in Malakoff is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malakoff?
19.3% of adults in Malakoff 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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