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Malmo

Learn about the people, housing, costs and businesses in Malmo, Nebraska

Median Home$253,200
Median Rent$963/month
Population94
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation13% arts, food & hospitality
Home Value Growth⬆⬆⬆+24.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners92% of occupied units
NotableHighly Educated32% bachelor's · 20% graduate · top 6% nationally
NotableHigh Incomes$87k/year · top 27% nationally
Malmo
NE

Frequently Asked Questions

What are today's mortgage rates in Malmo?

As of today, the 30-year fixed mortgage rate for Malmo is approximately 6.872% (6.907% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Malmo?

The median home value in Malmo is $253k. The median monthly rent is $963. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Malmo?

Home values in Malmo have increased 24.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Malmo?

Based on a typical all-in ownership cost of $1,190/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Malmo is $87k/year.

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What industries drive the economy in Malmo?

The largest employment sectors in Malmo are public administration (18%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.