Malcolm, MI

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Malcolm, MI: Quick Facts & Overview

  • Population: 2,678 residents (6 people per sq. mi.)
  • Average House Price: $222,317
  • Average Household Income: $72,250

Malcolm, MI is located in the state of Michigan. It is home to about 2,678 people, with around 6 residents living in every square mile.

If you want to buy a house in Malcolm, the average price is around $222,317. That makes local housing 0% higher than the Michigan average of $221,733, and 28% lower than the national average of $308,592.

The average household in Malcolm earns about $72,250 a year. This income is 2% lower than the average family in Michigan ($73,374), and 8% lower than the national average ($78,686).

Population 2,678
Median Household Income $72,250
Median Home Value $222,317
Median Age 55.0 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$35,173
Labor Force Participation54.1%
Unemployment Rate3.6%
Average Commute Time24.9 mins

Housing & Community Metrics

Home Ownership Rate96.1%
Median Rent$979
Rent Burdened (>30% Income)21.0%
Total Housing Units1,167

Additional Census & Housing Profile

Geographic Overview

CountyManistee
County FIPS26101
Metro Area (CBSA)-
Population Density6.4/sq mi
Coordinates (lat/lng)44.4925, -86.1559
TimezoneAmerica/Detroit
National Ranking5
IncorporatedNo

Household Structure

Average Family Size2.74
Dual Income Families49.3%

Marital Status

Married52.7%
Never Married26.8%
Divorced11.0%
Widowed9.6%

Gender

Male49.4%
Female50.6%

Health & Poverty

Uninsured Rate (Health)8.1%
Poverty Rate6.4%

Key Population Groups

Veterans7.1%
Disabled Population17.5%
Limited English Proficiency-

All ZIP Codes in Malcolm

ZIP Code Population Median Household Income Median Home Value
49614 2,678 $72,250 $222,317

Nearby Cities

City Distance Population
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