Malcolm, AL
Population 305 · Alabama
About Malcolm, AL
Malcolm is a small community located in Alabama with a population of 305 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 35.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Malcolm features a median home value of $0, which is 100% below the national median of $244,900. This makes Malcolm one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 120 total housing units, 0% are owner-occupied (0 units) and 100% are renter-occupied (66 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Malcolm shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 100.0%, above the national average of 12.4%. Workers in Malcolm have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Malcolm residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Malcolm, AL
Compared to national averages, Malcolm has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alabama, Malcolm's income is 100% below the state average of $57,952, and home values are 100% below the state median of $159,358.
Why Live in Malcolm, AL?
Malcolm offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Malcolm’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malcolm has a population of 305 with a median age of 35.2 years. Compare Malcolm with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Malcolm
Cities in Alabama with a similar population size.
Demographics
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Economy & Education
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Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malcolm
What is the population of Malcolm, AL?
The population of Malcolm, AL is 305 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alabama.
What is the median household income in Malcolm?
The median household income in Malcolm, AL is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Malcolm?
The median home value in Malcolm, AL is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Malcolm?
The median monthly rent in Malcolm, AL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Malcolm?
The unemployment rate in Malcolm, AL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Malcolm, AL a good place to live?
Malcolm offers a moderate cost of living, affordable housing, and a strong job market. With a population of 305 and a median age of 35.2, the city appeals to a broad range of residents.
How educated is Malcolm, AL?
0.0% of residents in Malcolm aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Malcolm?
Key cost-of-living indicators for Malcolm, AL: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Malcolm?
The poverty rate in Malcolm, AL is 100.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Malcolm, AL?
Malcolm's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 100.0% two or more races. 0.0% of residents are foreign-born.