Malone is located close to the center of Texas. Malone is part of Hill County. Malone has 0.46 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Malone population is 244, which has shrunk 12.23% since 2000. The population growth rate is much lower than the state average rate of 25.13% and is much lower than the national average rate of 11.61%. Malone median household income is $41,563 in 2010-2014 and has grown by 95.59% since 2000. The income growth rate is much higher than the state average rate of 31.68% and is much higher than the national average rate of 27.36%. Malone median house value is $46,000 in 2010-2014 and has grown by 67.27% since 2000. The house value growth rate is higher than the state average rate of 59.27% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Malone is better than the state average in quality. The Malone area code is 254.