Malcolm, NE
Population 428 · Nebraska
About Malcolm, NE
Malcolm is a small community in Nebraska with a population of 428 residents. The median household income is $84,712 per year, which is above the national average. The median age in Malcolm is 32.5 years.
Housing in Malcolm has a median home value of $239,800 and median monthly rent of $893. Of the 198 total housing units, the majority are owner-occupied, with 115 owner-occupied and 62 renter-occupied units.
The unemployment rate in Malcolm is 2.0% and the poverty rate is 12.9%. 32.4% of residents hold a bachelor's degree or higher. The average commute time is 22.5 minutes.
Cost of Living in Malcolm, NE
Compared to national averages, Malcolm has a median household income of $84,712 (13% above the national median of $75,149). Home values average $239,800, which is 2% below the national median. Monthly rent at $893 is 23% below the US average of $1,163. Within Nebraska, Malcolm's income is 29% above the state average of $65,895, and home values are 91% above the state median of $125,824.
Why Live in Malcolm, NE?
Malcolm offers a strong local economy with a median household income of $84,712, well above the national average, and affordable housing with a median home value of $239,800, below the US average of $244,900, and rent that’s lower than the national average at $893/month. Additionally, the city features a strong job market with an unemployment rate of just 2.0%, and short commute times averaging just 22.5 minutes.
Malcolm has a population of 428 with a median age of 32.5 years. Compare Malcolm with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Malcolm
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eustis | 427 | $91,750 | $124,500 | Compare |
| De Witt | 426 | $82,292 | $112,200 | Compare |
| Sargent | 425 | $46,250 | $67,300 | Compare |
| Petersburg | 423 | $73,750 | $134,100 | Compare |
| Greeley Center | 434 | $45,625 | $58,600 | Compare |
| Mullen | 419 | $45,610 | $81,900 | Compare |
| Chambers | 418 | $54,167 | $83,800 | Compare |
| Cedar Creek | 415 | $115,781 | $375,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
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, NE?
The population of Malcolm, NE is 428 according to the latest Census data.
What is the median household income in Malcolm?
The median household income in Malcolm, NE is $84,712 per year.
What is the median home value in Malcolm?
The median home value in Malcolm, NE is $239,800.
What is the average rent in Malcolm?
The median monthly rent in Malcolm, NE is $893.
What is the unemployment rate in Malcolm?
The unemployment rate in Malcolm, NE is 2.0%.