Malmo, NE
Population 121 · Nebraska
About Malmo, NE
Malmo is a small community located in Nebraska with a population of 121 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,125 per year, which is 37% above the national median of $75,149. The median age of 43.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Malmo features a median home value of $154,200, which is 37% below the national median of $244,900. This positions Malmo in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 51 total housing units, 98% are owner-occupied (40 units) and 2% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Malmo 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 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Malmo have an average one-way commute time of 36.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.0% of Malmo 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 14.0% 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.
How Malmo Ranks in Nebraska
Cost of Living in Malmo, NE
Compared to national averages, Malmo has a median household income of $103,125 (37% above the national median of $75,149). Home values average $154,200, which is 37% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Malmo's income is 56% above the state average of $65,895, and home values are 23% above the state median of $125,824.
Why Live in Malmo, NE?
Malmo offers a strong local economy with a median household income of $103,125, well above the national average, and affordable housing with a median home value of $154,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 9.1%, better than the national average.
Malmo has a population of 121 with a median age of 43.9 years. Compare Malmo with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
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Economy & Education
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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 Malmo
What is the population of Malmo, NE?
The population of Malmo, NE is 121 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Malmo?
The median household income in Malmo, NE is $103,125 per year, which is 37% above the national median of $75,149.
What is the median home value in Malmo?
The median home value in Malmo, NE is $154,200, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Malmo?
The median monthly rent in Malmo, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Malmo?
The unemployment rate in Malmo, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Malmo, NE a good place to live?
Malmo offers above-average incomes, affordable housing, and a strong job market. With a population of 121 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Malmo, NE?
15.0% of residents in Malmo 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 Malmo?
Key cost-of-living indicators for Malmo, NE: median home value is $154,200 (37% below national), median rent is $0/month, and median household income is $103,125. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Malmo?
The poverty rate in Malmo, NE is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Malmo, NE?
Malmo's population is 14.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.3% two or more races. 0.0% of residents are foreign-born.