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Malmo, NE Profile: Facts & Data

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Malmo, Nebraska - Basic Facts

The Village of Malmo had a population of 135 as of July 1, 2020. Malmo ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Malmo is located at latitude 41.2661 and longitude -96.7223 in Saunders County. The formal boundaries for the Village of Malmo encompass a land area of 0.14 sq. miles and a water area of 0 sq. miles. Saunders County is in the Central time zone (GMT -6). The elevation is 1,257 feet.

The Village of Malmo (GNIS ID: 2399232) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Malmo is located within Township of Mariposa, a minor civil division (MCD) of Saunders County.


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Malmo, NE Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 135 (100%)
Population in Households 135 (100.0%)
Population in Families 120 (88.9%)
Population in Group Quarters1 0
Population Density 991
Diversity Index2 6
 
 

INCOME

Median Household Income $75,000
Average Household Income $86,884
% of Income for Mortgage4 0%
Per Capita Income $29,652
Wealth Index5 85
 

HOUSING

Total HU (Housing Units) 64 (100%)
Owner Occupied HU 46 (71.9%)
Renter Occupied HU 7 (10.9%)
Vacant Housing Units 11 (17.2%)
Median Home Value $241,667
Average Home Value $251,087
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 53
Average Household Size 2.55
Family Households 41
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 1.16% 1.02%
Households 1.18% 0.74%
Families 2.14% 0.96%
Median Household Income   1.29%
Per Capita Income   1.98%
Owner Occupied HU   0.85%

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Malmo, NE - Peer Comparisons by Rank and Percentile

The table below compares Malmo to the other 580 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 413 29th
Population Density # 231 60th
Median Household Income # 56 91st
Housing Affordability Index # 98 17th
Per Capita Income # 295 49th
Diversity Index # 513 12th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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