Everything You Should Know Before Moving to Malmo, NE
Considering a move to Malmo, NE? This small community of just 94 residents offers a peaceful rural lifestyle with a median home price around $140,000 and average rents near $790. Enjoy a low cost of living, low crime rates, and short 28-minute commutes. Families benefit from highly-rated nearby schools, while a sunny climate and easy access to healthcare make Malmo a comfortable and affordable place to call home.
Demographics - Malmo, NE
Malmo, NE is a close-knit rural community with a population of just 94, a median age of 44.5, and a predominantly White demographic. The gender balance slightly favors males, and only 2% of residents speak a language other than English at home, creating a familiar and welcoming small-town environment.
Population:
94
Density:
320 per sq mi
Median Age:
44.5
Gender Ratio:
110 males per 100 females
Non-English Speakers Percentage:
2.0%
Ethnic Composition
White:
96.5%
Black:
0.0%
Asian:
0.0%
Others:
3.5%
Cost Of Living
What is the average cost of living in Malmo, NE?
Malmo offers a very affordable lifestyle, with a median home value of $140,000 and average rent around $790. The overall cost of living index is well below the national average at 88.4, making this village a budget-friendly choice for new residents.
Median House Value:
$140,000
Gross Rent:
$790
Monthly Electricity Charges:
$120
Auto Insurance:
$1,210
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
2.46%
|
High:
6.84%
Cost Of Living Index:
88.4
Grocery:
94.0
Housing:
70.8
Utilities:
97.2
Transportation:
85.0
Health Care:
95.0
Miscellaneous:
91.0
Crime
Is Malmo, NE a safe place to live?
Malmo experiences low crime rates, with violent crimes occurring at 180 per 100,000 residents and property crimes at 1,250 per 100,000. Residents enjoy a strong sense of safety and security, which is appealing for families and retirees alike.
Violent Crimes Per 100k:
180
Property Crimes Per 100k:
1,250
Crime Index:
1,430
Chance Of Violent Crime:
1 in 555
Chance Of Property Crime:
1 in 80
Weather
What is the weather like in Malmo, NE year-round?
Malmo enjoys four distinct seasons, featuring warm, sunny summers with highs near 87°F and cold winters dipping to 12°F. The area receives about 29.8 inches of rainfall annually and enjoys sunshine 61% of the year, making for a pleasant Midwestern climate.
Winter
Min:
12°F
Max:
34°F
Spring
Min:
37°F
Max:
65°F
Summer
Min:
62°F
Max:
87°F
Fall
Min:
41°F
Max:
67°F
Average Rainfall Inches:
29.8 inches
Sunny Days Percentage:
61%
Neighbors
Residents of Malmo benefit from a strong sense of community, with a typical household income of $62,000 and a low poverty rate of 8.1%. Most neighbors are well-educated, with over 93% holding a high school diploma, and unemployment rates are notably low.
Median Income:
$38,750
Household Income:
$62,000
Family Income:
$69,500
Per Capita Income:
$30,200
Income Male:
$42,000
Income Female:
$32,000
Poverty Rate:
8.1%
Non English Speakers:
2.0%
Rent:
$790
Unemployment Rate:
2.4%
Public Transport Usage:
0.0%
Commute Time:
27.8 minutes
Education
High School or Higher:
93.5%
Bachelors or More:
24.3%
Education
How are the schools in Malmo, NE?
Families in Malmo benefit from access to quality public schools in nearby Wahoo, with favorable student-teacher ratios and strong academic reputations. For higher education, Midland University is just 23 miles away, offering a range of degree programs.
Public Schools
Name:
Wahoo Elementary School
Street:
2056 N Hackberry St, Wahoo, NE 68066
Phone:
402-443-4250
Students:
430
Student Teacher Ratio:
13.5
Name:
Wahoo High School
Street:
2201 N Locust St, Wahoo, NE 68066
Phone:
402-443-4332
Students:
320
Student Teacher Ratio:
14.0
Colleges
Name:
Midland University
City:
Fremont
State:
NE
Distance:
23 miles
Students:
1,600
Healthcare
Malmo residents have convenient access to healthcare, including the nearby Saunders Medical Center in Wahoo, which offers emergency services and general care. The community enjoys a high health insurance coverage rate at 91.8% and a moderate number of physicians relative to population size.
Major Hospitals
Name:
Saunders Medical Center
Address:
1760 County Rd J, Wahoo, NE 68066
Phone:
(402) 443-4191
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
91.8%
Health Care Index:
66.9
Housing Market
What is the housing market like in Malmo, NE?
The local housing market is stable and affordable, with a median home price of $140,000 and an owner-occupancy rate of 79%. Home values have appreciated by 5.1% over the past year, while rental options remain accessible with average rents at $790.
Median Home Price:
$140,000
Average Rent For 2 Bedroom:
$790
Owner Occupied Rate:
79.2%
Rental Vacancy Rate:
8.5%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
0.5%
Foreclosure Rate:
0.3%
DMV Information
All motor vehicle services for Malmo residents are managed by the Nebraska Department of Motor Vehicles, located in Lincoln. Convenient online resources and phone support are available for licensing, registration, and other needs.
State:
Nebraska
Department:
Nebraska Department of Motor Vehicles
Address:
301 Centennial Mall South, Lincoln, NE 68509
Phone:
402-471-3985
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.