Malone, NY
Population 5,466 · New York
About Malone, NY
Malone is a small community in New York with a population of 5,466 residents. The median household income is $59,489 per year, which is near the national average. The median age in Malone is 43.6 years.
Housing in Malone has a median home value of $103,500 and median monthly rent of $793. Of the 3,140 total housing units, the majority are owner-occupied, with 1,354 owner-occupied and 1,316 renter-occupied units.
The unemployment rate in Malone is 3.0% and the poverty rate is 14.3%. 28.9% of residents hold a bachelor's degree or higher. The average commute time is 12.7 minutes.
Cost of Living in Malone, NY
Compared to national averages, Malone has a median household income of $59,489 (21% below the national median of $75,149). Home values average $103,500, which is 58% below the national median. Monthly rent at $793 is 32% below the US average of $1,163. Within New York, Malone's income is 39% below the state average of $96,987, and home values are 73% below the state median of $387,181.
Why Live in Malone, NY?
Malone offers affordable housing with a median home value of $103,500, below the US average of $244,900, and rent that’s lower than the national average at $793/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features short commute times averaging just 12.7 minutes.
Potential considerations include median household income ($59,489) 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 5,466 with a median age of 43.6 years. Compare Malone with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Malone
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hampton Manor | 5,448 | $105,504 | $223,300 | Compare |
| Blauvelt | 5,485 | $172,083 | $629,000 | Compare |
| Albion | 5,495 | $45,474 | $81,300 | Compare |
| Fairport | 5,436 | $99,805 | $262,600 | Compare |
| New Hempstead | 5,431 | $131,293 | $707,300 | Compare |
| Williamsville | 5,430 | $106,250 | $242,800 | Compare |
| North Hills | 5,419 | $196,938 | $1,212,900 | Compare |
| Lake Mohegan | 5,566 | $160,741 | $483,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malone
What is the population of Malone, NY?
The population of Malone, NY is 5,466 according to the latest Census data.
What is the median household income in Malone?
The median household income in Malone, NY is $59,489 per year.
What is the median home value in Malone?
The median home value in Malone, NY is $103,500.
What is the average rent in Malone?
The median monthly rent in Malone, NY is $793.
What is the unemployment rate in Malone?
The unemployment rate in Malone, NY is 3.0%.