Malone, FL
Population 2,275 · Florida
About Malone, FL
Malone is a small town located in Florida with a population of 2,275 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,875 per year, which is 44% below the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Malone features a median home value of $73,600, which is 70% below the national median of $244,900. This makes Malone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $738, 37% below the national average of $1,163/month. Of the 423 total housing units, 77% are owner-occupied (291 units) and 23% are renter-occupied (88 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Malone shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 24.9%, above the national average of 12.4%. Workers in Malone have an average one-way commute time of 31.5 minutes.
Education & Demographics
4.0% of Malone 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 4.9% White, 2.4% Hispanic or Latino, 3.7% Black or African American, and 3.1% Asian residents, with 3.3% of the population being foreign-born.
How Malone Ranks in Florida
Cost of Living in Malone, FL
Compared to national averages, Malone has a median household income of $41,875 (44% below the national median of $75,149). Home values average $73,600, which is 70% below the national median. Monthly rent at $738 is 37% below the US average of $1,163. Within Florida, Malone's income is 45% below the state average of $75,893, and home values are 79% below the state median of $353,675.
Why Live in Malone, FL?
Malone offers affordable housing with a median home value of $73,600, below the US average of $244,900, and rent that’s lower than the national average at $738/month.
Potential considerations include median household income ($41,875) that falls below the national average. However, Malone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malone has a population of 2,275 with a median age of 40.4 years. Compare Malone with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Malone
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Howey-in-the-Hills | 2,279 | $93,403 | $362,300 | Compare |
| Mangonia Park | 2,270 | $52,900 | $309,900 | Compare |
| Bowling Green | 2,283 | $45,101 | $106,500 | Compare |
| Lake Mack-Forest Hills | 2,267 | $0 | $120,400 | Compare |
| Cross City | 2,260 | $43,958 | $95,300 | Compare |
| Manatee Road | 2,252 | $44,350 | $136,500 | Compare |
| Campbell | 2,247 | $40,780 | $113,300 | Compare |
| East Bronson | 2,303 | $51,405 | $119,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Malone With Other Cities
Frequently Asked Questions about Malone
What is the population of Malone, FL?
The population of Malone, FL is 2,275 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Malone?
The median household income in Malone, FL is $41,875 per year, which is 44% below the national median of $75,149.
What is the median home value in Malone?
The median home value in Malone, FL is $73,600, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Malone?
The median monthly rent in Malone, FL is $738, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Malone?
The unemployment rate in Malone, FL is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Malone, FL a good place to live?
Malone offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,275 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Malone, FL?
4.0% of residents in Malone 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 Malone?
Key cost-of-living indicators for Malone, FL: median home value is $73,600 (70% below national), median rent is $738/month, and median household income is $41,875. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Malone?
The poverty rate in Malone, FL is 24.9%, 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 Malone, FL?
Malone's population is 4.9% White, 2.4% Hispanic or Latino, 3.7% Black or African American, 3.1% Asian, and 39.4% two or more races. 3.3% of residents are foreign-born.