Malone is a town in Jackson County, Florida, United States. The population was 2,007 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 1,763. In 1989, a state prison, the Jackson Correctional Institution, opened on the north side of town; it is Malone's largest employer. In 1948, Malone suffered from a devastating flood after 15 inches of rain fell on the town.