Illinois · Census place 46279
Malta village, IL
Quick answer
Malta village has 1,507 residents, ranking #584 of 1462 places in Illinois. Median household income is $83,611, the median home is worth $178,900 and median gross rent runs $1,036 a month.
- Population
- 1,507Malta village residents
- Median household income
- $83,611Past 12 months, inflation adjusted
- Median home value
- $178,900Owner-occupied units
- Median gross rent
- $1,036Rent plus utilities, monthly
- Median age
- 33.7 yrsAll residents
- Homeownership rate
- 66%Owner-occupied households
What the numbers mean in Malta village
Housing cost measured against local earnings.
A household earning the Malta village median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.4% of residents and 66% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Mount Pulaski city 1,513
- Warsaw city 1,511
- Lanark city 1,510
- Kirkland village 1,497
- Virginia city 1,491
- Durand village 1,485
- Granville village 1,463
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More Illinois coverage.