Everything You Should Know Before Moving to Malcom, IA
Considering a move to Malcom, IA? This small, welcoming community of 270 offers affordable living, with median home prices around $105,000 and average rents near $770. Residents enjoy a quiet lifestyle, low crime rates (violent crime: 150 per 100K), and commutes of about 23 minutes. While public transport is limited, quality schools nearby and a friendly rural atmosphere make Malcom a great choice for those seeking peace, affordability, and Midwestern charm.
Demographics - Malcom, IA
Demographics - Malcom, IA
Malcom, Iowa is a close-knit community of about 270 residents, with a median age of 43 and a predominantly White population. The town features a balanced gender ratio and low linguistic diversity, offering a peaceful rural lifestyle for families and retirees.
Population:
270
Density:
245 per sq mi
Median Age:
43.2
Gender Ratio:
105 males per 100 females
Non-English Speakers Percentage:
1.5%
Ethnic Composition
White:
96.5%
Black:
0.5%
Asian:
0.5%
Others:
2.5%
Cost Of Living
What is the average cost of living in Malcom, IA?
Living in Malcom is highly affordable, with a median home value of $105,000 and typical rents around $770. The city’s cost of living index is well below the national average, making it an attractive option for budget-conscious movers.
Median House Value:
$105,000
Gross Rent:
$770
Monthly Electricity Charges:
$118
Auto Insurance:
$1,020
House Owner Cost With Mortgage:
$970
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
0.33%
|
High:
8.53%
Cost Of Living Index:
84.0
Grocery:
92.1
Housing:
63.5
Utilities:
98.0
Transportation:
88.2
Health Care:
93.0
Miscellaneous:
90.5
Crime
Is Malcom, IA a safe place to live?
Malcom experiences very low crime rates, with violent crime at just 150 incidents per 100,000 residents and a property crime chance of 1 in 115. This fosters a safe, secure environment ideal for families and individuals seeking peace of mind.
Violent Crimes Per 100k:
150
Property Crimes Per 100k:
870
Crime Index:
1,020
Chance Of Violent Crime:
1 in 665
Chance Of Property Crime:
1 in 115
Weather
What is the weather like in Malcom, IA year-round?
Residents enjoy all four seasons, with warm summers reaching highs of 84°F and cold winters dipping to around 11°F. The area receives about 36 inches of rainfall annually, and boasts 60% sunny days for outdoor enjoyment.
Winter
Min:
11°F
Max:
31°F
Spring
Min:
38°F
Max:
65°F
Summer
Min:
62°F
Max:
84°F
Fall
Min:
40°F
Max:
67°F
Average Rainfall Inches:
36.0 inches
Sunny Days Percentage:
60%
Neighbors
Malcom’s neighbors typically have household incomes around $62,000, and over 91% have at least a high school diploma. The poverty rate is below 9%, unemployment is low, and the average commute is a manageable 23.5 minutes, reflecting a stable and comfortable local lifestyle.
Median Income:
$34,500
Household Income:
$62,000
Family Income:
$72,000
Per Capita Income:
$29,500
Income Male:
$40,000
Income Female:
$29,800
Poverty Rate:
8.7%
Non English Speakers:
1.5%
Rent:
$770
Unemployment Rate:
3.6%
Public Transport Usage:
0.0%
Commute Time:
23.5 minutes
Education
High School or Higher:
91.2%
Bachelors or More:
21.8%
Education
How are the schools in Malcom, IA?
Families benefit from quality public education nearby, including Montezuma Elementary with a low student-teacher ratio, and higher education is accessible at prestigious Grinnell College just 10 miles away.
Public Schools
Name:
Montezuma Elementary School
Street:
504 N 4th St
Phone:
641-623-5121
Students:
320
Student Teacher Ratio:
13.4
Colleges
Name:
Grinnell College
City:
Grinnell
State:
IA
Distance:
10 miles
Students:
1,700
Healthcare
Access to healthcare is solid, with most residents covered by insurance and 1.3 physicians per 1,000 people. The nearby UnityPoint Health - Grinnell Regional Medical Center provides general and emergency care within easy reach.
Major Hospitals
Name:
UnityPoint Health - Grinnell Regional Medical Center
Address:
210 4th Ave, Grinnell, IA 50112
Phone:
(641) 236-7511
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.3
Health Insurance Coverage:
92.8%
Health Care Index:
71.2
Housing Market
What is the housing market like in Malcom, IA?
The housing market is affordable and predominantly owner-occupied, with a median home price of $105,000 and an 83% ownership rate. Low foreclosure and vacancy rates reflect a stable, attractive housing environment for buyers and renters alike.
Median Home Price:
$105,000
Average Rent For 2 Bedroom:
$770
Owner Occupied Rate:
83.1%
Rental Vacancy Rate:
8.4%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.4%
Foreclosure Rate:
0.2%
DMV Information
Malcom residents are served by the Iowa Department of Transportation, located in nearby Ankeny. The office provides comprehensive vehicle and licensing services, and helpful resources are available on the state’s official website.
State:
Iowa
Department:
Iowa Department of Transportation
Address:
6310 SE Convenience Blvd, Ankeny, IA 50021
Phone:
515-244-8725
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.