Malmo, MN

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Malmo, MN: Quick Facts & Overview

  • Population: 9,312 residents (26 people per sq. mi.)
  • Average House Price: $296,085
  • Average Household Income: $67,828

Malmo, MN is located in the state of Minnesota. It is home to about 9,312 people, with around 26 residents living in every square mile.

If you want to buy a house in Malmo, the average price is around $296,085. That makes local housing 14% higher than the Minnesota average of $260,056, and 4% lower than the national average of $308,592.

The average household in Malmo earns about $67,828 a year. This income is 17% lower than the average family in Minnesota ($82,068), and 14% lower than the national average ($78,686).

Population 9,312
Median Household Income $67,828
Median Home Value $296,085
Median Age 56.6 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$35,073
Labor Force Participation50.1%
Unemployment Rate4.3%
Average Commute Time21.0 mins

Housing & Community Metrics

Home Ownership Rate85.5%
Median Rent$829
Rent Burdened (>30% Income)38.8%
Total Housing Units4,099

Additional Census & Housing Profile

Geographic Overview

CountyAitkin
County FIPS27001
Metro Area (CBSA)-
Population Density25.7/sq mi
Coordinates (lat/lng)46.3338, -93.5194
TimezoneAmerica/Chicago
National Ranking4
IncorporatedNo

Household Structure

Average Family Size2.81
Dual Income Families43.2%

Marital Status

Married54.4%
Never Married23.2%
Divorced12.9%
Widowed9.5%

Gender

Male49.0%
Female51.0%

Health & Poverty

Uninsured Rate (Health)4.9%
Poverty Rate12.4%

Key Population Groups

Veterans8.7%
Disabled Population18.4%
Limited English Proficiency0.3%

All ZIP Codes in Malmo

ZIP Code Population Median Household Income Median Home Value
56431 9,312 $67,828 $296,085

Nearby Cities

City Distance Population
Isle, MN 13.8 miles 695
Wahkon, MN 14.7 miles 258
Garrison, MN 14.8 miles 156
Aitkin, MN 16 miles 2,323
Vineland, MN 16.3 miles 674
Onamia, MN 19.5 miles 719
Deerwood, MN 20.5 miles 710
McGregor, MN 21.5 miles 367
Cuyuna, MN 22.9 miles 250
Crosby, MN 23.5 miles 2,218
Ironton, MN 25 miles 621
Palisade, MN 26.2 miles 148
Trommald, MN 26.4 miles 123
Riverton, MN 26.7 miles 145
Harding, MN 28.8 miles 169
Finlayson, MN 29.6 miles 267
Rutledge, MN 31.5 miles 275
Kettle River, MN 32.3 miles 140
Brainerd, MN 32.4 miles 14,468
Merrifield, MN 32.6 miles 121
Willow River, MN 32.7 miles 342
Sturgeon Lake, MN 33.3 miles 568
Mora, MN 33.4 miles 3,732
Brook Park, MN 34.1 miles 143
Sandstone, MN 34.3 miles 2,482
Ogilvie, MN 35.1 miles 322
Hinckley, MN 36.1 miles 1,596
Crosslake, MN 36.2 miles 2,521
Baxter, MN 36.3 miles 8,966
Emily, MN 36.3 miles 693
Askov, MN 36.6 miles 304
Moose Lake, MN 36.7 miles 2,863
Pierz, MN 37.2 miles 1,424
Breezy Point, MN 38.3 miles 2,687
Nisswa, MN 38.8 miles 1,954
Cromwell, MN 38.9 miles 423
East Gull Lake, MN 40.1 miles 1,076
Fifty Lakes, MN 40.1 miles 478
Milaca, MN 40.3 miles 3,044
Buckman, MN 40.8 miles 339
Pequot Lakes, MN 41 miles 2,079
Grasston, MN 41.1 miles 112
Barnum, MN 41.3 miles 503
Lake Shore, MN 41.9 miles 1,073
Foreston, MN 42.6 miles 757
Pine City, MN 43.3 miles 3,468
Pease, MN 44.3 miles 217
Jenkins, MN 44.4 miles 508
Hill City, MN 45 miles 503
Mahtowa, MN 45.3 miles 428
Braham, MN 45.4 miles 1,732
Pillager, MN 45.8 miles 547
Gilman, MN 46.2 miles 233
Little Falls, MN 46.8 miles 9,121
Stanchfield, MN 48.9 miles 100
Rock Creek, MN 49.3 miles 1,748
Floodwood, MN 49.4 miles 497
Pine River, MN 49.6 miles 906
Randall, MN 49.9 miles 695
Foley, MN 50 miles 2,675
Chickamaw Beach, MN 50 miles 248
Royalton, MN 50.8 miles 1,211