Malcom, IA
Population 268 · Iowa
About Malcom, IA
Malcom is a small community in Iowa with a population of 268 residents. The median household income is $73,056 per year, which is above the national average. The median age in Malcom is 38.6 years.
Housing in Malcom has a median home value of $110,100 and median monthly rent of $675. Of the 124 total housing units, the majority are owner-occupied, with 95 owner-occupied and 17 renter-occupied units.
The unemployment rate in Malcom is 1.3% and the poverty rate is 17.3%. 30.4% of residents hold a bachelor's degree or higher. The average commute time is 22 minutes.
Cost of Living in Malcom, IA
Compared to national averages, Malcom has a median household income of $73,056 (3% below the national median of $75,149). Home values average $110,100, which is 55% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Iowa, Malcom's income is 8% above the state average of $67,947, and home values are 17% below the state median of $132,237.
Why Live in Malcom, IA?
Malcom offers affordable housing with a median home value of $110,100, below the US average of $244,900, and rent that’s lower than the national average at $675/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features short commute times averaging just 22 minutes.
Potential considerations include median household income ($73,056) that falls below the national average. However, Malcom’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malcom has a population of 268 with a median age of 38.6 years. Compare Malcom with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malcom
What is the population of Malcom, IA?
The population of Malcom, IA is 268 according to the latest Census data.
What is the median household income in Malcom?
The median household income in Malcom, IA is $73,056 per year.
What is the median home value in Malcom?
The median home value in Malcom, IA is $110,100.
What is the average rent in Malcom?
The median monthly rent in Malcom, IA is $675.
What is the unemployment rate in Malcom?
The unemployment rate in Malcom, IA is 1.3%.