Malta, IL
Population 1,507 · Illinois
About Malta, IL
Malta is a small community in Illinois with a population of 1,507 residents. The median household income is $83,611 per year, which is above the national average. The median age in Malta is 33.7 years.
Housing in Malta has a median home value of $178,900 and median monthly rent of $1,036. Of the 546 total housing units, the majority are owner-occupied, with 354 owner-occupied and 182 renter-occupied units.
The unemployment rate in Malta is 4.1% and the poverty rate is 20.4%. 23.7% of residents hold a bachelor's degree or higher. The average commute time is 26.3 minutes.
Cost of Living in Malta, IL
Compared to national averages, Malta has a median household income of $83,611 (11% above the national median of $75,149). Home values average $178,900, which is 27% below the national median. Monthly rent at $1,036 is 11% below the US average of $1,163. Within Illinois, Malta's income is 11% above the state average of $75,072, and home values are 8% above the state median of $165,779.
Why Live in Malta, IL?
Malta offers a strong local economy with a median household income of $83,611, well above the national average, and affordable housing with a median home value of $178,900, below the US average of $244,900, and rent that’s lower than the national average at $1,036/month.
Malta has a population of 1,507 with a median age of 33.7 years. Compare Malta with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Malta
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lanark | 1,510 | $66,250 | $97,100 | Compare |
| Warsaw | 1,511 | $58,074 | $90,700 | Compare |
| Mount Pulaski | 1,513 | $70,175 | $113,400 | Compare |
| Grayville | 1,515 | $47,308 | $76,000 | Compare |
| Mount Carroll | 1,515 | $59,167 | $88,800 | Compare |
| Kirkland | 1,497 | $92,500 | $187,800 | Compare |
| Williamsville | 1,519 | $104,135 | $187,000 | Compare |
| Virginia | 1,491 | $51,818 | $93,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malta
What is the population of Malta, IL?
The population of Malta, IL is 1,507 according to the latest Census data.
What is the median household income in Malta?
The median household income in Malta, IL is $83,611 per year.
What is the median home value in Malta?
The median home value in Malta, IL is $178,900.
What is the average rent in Malta?
The median monthly rent in Malta, IL is $1,036.
What is the unemployment rate in Malta?
The unemployment rate in Malta, IL is 4.1%.