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Malone, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

During the 2020–2024 ACS period, Malone, New York had a total population of 5,429, the 339th largest village in New York, with a median household income of $60,548, which is 30% lower than the state average. The poverty rate is 22.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Malone Quick Facts

Population 5,429
Median Household Income $60,548
Median Home Value $107,600
Poverty Rate 22.2%
Unemployment Rate 2.3%
Median Age 43.4 years
Homeownership Rate 51.6%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 24.0%
High School Graduation Rate 92.3%
Diversity Index 8/100
Population 5,429 339th of 1,289
Median Income $60,548 bottom 30%
Poverty Rate 22.2% 79% higher than national
Median Home Value $107,600 bottom 10%

How Malone Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,4665,429-0.7%
Median household income$59,489$60,548+1.8%
Median home value$103,500$107,600+4.0%

How Malone Compares

Economy & Housing

Household Income Distribution

Under $25K 20.1%
$25K-$50K 24.4%
$50K-$100K 30.8%
$100K+ 24.7%
Detailed income brackets
Under $10K
9.0%
$10K-$15K
4.2%
$15K-$20K
5.3%
$20K-$25K
1.6%
$25K-$30K
4.7%
$30K-$35K
6.0%
$35K-$40K
4.1%
$40K-$45K
5.6%
$45K-$50K
4.1%
$50K-$60K
4.2%
$60K-$75K
16.1%
$75K-$100K
10.5%
$100K-$125K
15.1%
$125K-$150K
6.0%
$150K-$200K
1.8%
$200K+
1.8%

Employment

2.3% Unemployment Rate State: 6.4%|National: 5.2%
61.9% Labor Force Participation

Housing Overview

Owner 51.6%
Renter 48.4%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $839/mo 16.6% of median household income annually

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Malone Rankings in New York

#339 Population of 1,289
#946 Median Income of 1,219
#918 Education of 1,288
#1122 Home Value of 1,232

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Saranac Lake 4,965 $61,967 17.7% $199,900
Tupper Lake 2,929 $56,902 22.5% $117,300
Fort Covington 1,041 $68,750 14.1% $112,500
Chateaugay 724 $79,643 23.6% $132,100
Paul Smiths 623 N/A 0.0% N/A
Brushton 504 $54,635 22.6% $111,200
St. Regis Falls 316 $55,625 9.5% $102,600
Burke 165 $66,250 11.5% $126,400

Cities Similar to Malone

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Calverton5,618$60,442$229,20024.4%13.3%
Medina5,770$59,231$107,20020.2%12.3%
Liberty5,142$64,913$181,90015.9%14.6%
Wappingers Falls5,761$65,040$337,20023.3%3.8%
Saranac Lake4,965$61,967$199,90046.8%17.7%

Population Overview

Malone is a small city located in New York, within Franklin County. The total population is 5,429. It ranks as the 339th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Malone is 43.4 years. This is 9% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Malone is $60,548. This is 30% lower than the state median of $85,974. It is also 25% lower than the national median of $80,734. The poverty rate stands at 22.2%. This is 59% higher than the state poverty rate of 14.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.3%. This is 64% lower than the state rate of 6.4%. The median home value is $107,600. Housing costs are 75% lower than the state median of $423,800. With a home-value-to-income ratio of just 1.8x, Malone is one of the most affordable housing markets in the area. 51.6% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 54.4%.

Race & Ethnicity

Malone has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents. Black or African American residents account for 2.4%. The White (non-Hispanic) population is significantly higher than the state average (95.6% vs 52.8%). The Black or African American population (2.4%) is well below the state average of 13.4%. The Hispanic or Latino population (1.0%) is well below the state average of 19.8%.

Education

24.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.

Data Sources & Methodology

All demographic data for Malone, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Malone, New York?

Malone, New York has a population of 5,429 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Malone, NY?

The median household income in Malone is $60,548, which is 25% lower than the national median of $80,734.

What is the poverty rate in Malone, NY?

The poverty rate in Malone is 22.2%. This means approximately 1,192 residents live below the federal poverty line.

What is the racial makeup of Malone, New York?

Malone's population is 95.6% White, 2.4% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Malone, NY?

The median home value in Malone is $107,600. The home-value-to-income ratio is 1.8x.

How educated is Malone, New York?

24.0% of adults (25+) in Malone hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.