Malmo is located in Aitkin County, Minnesota. Malmo has a 2025 population of 378 . Malmo is currently growing at a rate of 1.34% annually and its population has increased by 6.18% since the most recent census, which recorded a population of 356 in 2020.
The average household income in Malmo is $70,222 with a poverty rate of 11.92%. The median age in Malmo is 58 years: 58.7 years for males, and 57.8 years for females. For every 100 females there are 113.3 males.
Data after 2023 is projected based on recent change
The racial composition of Malmo includes 97.83% White, and smaller percentages for Two or more races, Native Hawaiian or Pacific Islander, Asian and multiracial populations.
White (97.83%)
Two or more races (1.36%)
Native Hawaiian or Pacific Islander (0.54%)
Asian (0.27%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 361 | 97.83% |
| Two or more races | 5 | 1.36% |
| Native Hawaiian or Pacific Islander | 2 | 0.54% |
| Asian | 1 | 0.27% |
Married
Widowed
Divorced
Separated
Never Married
Malmo's average per capita income is $31,250. Household income levels show a median of $56,250. The poverty rate stands at 11.92%.
Name | Median | Mean |
|---|---|---|
| Married Families | $79,583 | - |
| Families | $77,500 | $89,277 |
| Households | $56,250 | $70,222 |
| Non Families | $26,786 | $41,361 |
Average Income
Median Household Income
Poverty Rate