Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Malone is a small-sized city located in the state of New York. The city has a population of 5,644 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (98% White). Given that fact, Malone could be considered less diverse than other cities. If you prefer shorter commutes, living in Malone will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Malone can be a great experience for anyone relocating to the city. Having said that, in the state of New York, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like commute, employment, housing, you can easily compare the best places to live in Malone and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Malone to New York and the national average.
The livability score in Malone is 68 out of 100 and the city is ranked in the 72nd percentile of all cities across America. There are nine total categories that generate the livability score. Malone ranks well for cost of living (A-) and housing (B+) Malone does not do well for the following: amenities (F) and employment (D). It might be a good idea to take a closer look at each category to find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Malone excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Malone meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Malone. Everything else becomes a lot less important if it turns out that home prices in Malone are simply unattainable. The median home price for Malone homes is $89,200, which is 68.8% lower than the New York average. If we take a closer look at the affordability of homes in Malone, we’ll see that the home price to income ratio is 2.1, which is 55.3% lower than the New York average.
| Statistic | Malone | New York | National |
| Average one way commute | 19min | 33min | 26min |
| Workers who drive to work | 74.5% | 53.0% | 76.4% |
| Workers who carpool | 5.3% | 6.7% | 9.3% |
| Workers who take public transit | 5.3% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 4.4% | 6.3% | 2.8% |
| Working from home | 6.2% | 4.0% | 4.6% |
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