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The total population of Malabar is estimated to be 2,982 with 1,530 males (51.31%) and 1,452 females (48.69%). There are 78 less females than males in Malabar.
The median household income in Malabar was $88,184 in 2021, which marked an a decrease of 5,640(6.01%) from $93,824 in 2020. This income is 118.20% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Malabar sees its highest median household income among householders in the age group of 45 to 64 years old, at $99,709. Overall, the median household income for the town of Malabar stands at $88,184.
In Malabar, the median income for all workers aged 15 years and older, regardless of work hours, was $43,853 for males and $27,023 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,083 for males and $56,458 for females.
In Malabar, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $176,262, followed by Black or African American households at $98,358, and White households with a median household income of $80,731.
In 2022, the population of Malabar was 3,063, a 1.59% increase year-by-year from 2021. Previously, in 2021, Malabar's population was 3,015, an increase of 1.82% compared to a population of 2,961 in 2020.
The median age in Malabar, FL is 55.2, as per 2021 ACS 5-Year Estimates. Of the total population, 8.22% were under the age of 15, 14.59% aged 15 to 29, 53.27% aged 30 to 64, 21.08% aged 65 to 84, and 2.84% were 85 years of age and older.
Racial distribution of Malabar population: 88.19% are White, 4.84% are Black or African American and 6.97% are multiracial.