What is the median household income in Malta Township, IL?
The median household income in Malta Township, IL is $85,469 (±$19,408) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,139 a month would take about $45,600 a year at the common guideline of spending no more than 30% of income on rent.
In Malta Township, the median household income went from $74,519 in 2015–2019 to $85,469 in 2020–2024 (+14.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $85,469 (±$19,408)
- Median renter income
- $61,250 (±$14,493)
- Income to afford median rent
- about $45,600
Income in Malta Township against DeKalb County, its state and the nation
| Malta Township | DeKalb County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $85,469 (±$19,408) | $70,724 (±$2,546) | $83,390 (±$362) | $80,734 |
| Median renter household income | $61,250 (±$14,493) | $35,877 (±$3,042) | $50,420 (±$471) | $52,966 |
| Median owner household income | $104,306 (±$20,444) | $101,272 (±$3,827) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,139 (±$258) | $1,049 (±$33) | $1,274 (±$5) | $1,413 |
In Malta Township, median household income is not measurably different from DeKalb County ($70,724).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In DeKalb County, Malta Township ranks 19 of 32 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 892 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Malta Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,139 a month ($13,668 a year) needs an income of about $45,600 a year.
The median renting household in Malta Township earns $61,250 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $74,519 (±$13,807) | $85,469 (±$19,408) | +14.7% | No measurable change after inflation |
| Median gross rent | $829 (±$228) | $1,139 (±$258) | +37.4% | No measurable change after inflation |
| Median home value | $156,700 (±$14,067) | $186,000 (±$19,520) | +18.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Malta Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Malta Township | — | $85,469 (±$19,408) | — |
| Malta | 0.6 mi | $80,625 (±$23,015) | Not measurably different |
| Creston | 4.7 mi | $66,667 (±$7,189) | Not measurably different |
| Dement Township | 5.0 mi | $62,986 (±$24,447) | Not measurably different |
| DeKalb Township | 5.7 mi | $47,082 (±$3,916) | Lower |
| South Grove Township | 5.9 mi | $112,941 (±$10,638) | Higher |
| Milan Township | 6.0 mi | $143,500 (±$30,771) | Higher |
| DeKalb | 7.0 mi | $46,481 (±$3,596) | Lower |
| Lynnville Township | 7.9 mi | $91,607 (±$35,492) | Not measurably different |
Nearby places with a measurably lower figure: DeKalb Township, IL ($47,082), DeKalb, IL ($46,481).
Nearby places with a measurably higher figure: South Grove Township, IL ($112,941), Milan Township, IL ($143,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across DeKalb County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 13 | Squaw Grove Township | $91,339 (±$18,983) |
| 14 | Genoa Township | $91,034 (±$24,416) |
| 15 | Franklin Township | $88,431 (±$16,644) |
| 16 | Kingston | $88,295 (±$18,299) |
| 17 | Sycamore Township | $87,400 (±$10,657) |
| 18 | Hinckley | $86,823 (±$13,213) |
| 19 | Malta Township | $85,469 (±$19,408) |
| 20 | Somonauk | $84,583 (±$19,599) |
| 21 | Sycamore | $84,120 (±$8,081) |
| 22 | Genoa | $82,128 (±$23,022) |
| 23 | Lee | $82,000 (±$15,360) |
| 24 | Shabbona Township | $81,032 (±$1,555) |
| 25 | Sandwich Township | $80,807 (±$4,241) |
Showing 13 of 32 places in DeKalb County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Malta Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Malta Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Malta Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Malta Township, and send estimates and invoices from your phone.
Questions about Malta Township
What is the median household income in Malta Township?
The median household income in Malta Township is $85,469 (±$19,408) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Malta Township?
About $45,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,139 a month.
Have incomes in Malta Township kept up with inflation?
In Malta Township, the median household income went from $74,519 in 2015–2019 to $85,469 in 2020–2024 (+14.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Malta Township?
The median renting household in Malta Township, IL earns $61,250 (±$14,493) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Malta township, DeKalb County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Malta township, DeKalb County, Illinois (county subdivision:46292, in state:17 county:037).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Malta Township at a glance
- Median rent in Malta Township
- Rent burden in Malta Township
- Renters and owners in Malta Township
- Home values in Malta Township
- Homeowner costs in Malta Township
- Property taxes in Malta Township
- Types of homes in Malta Township
- Bedrooms in Malta Township
- Age of homes in Malta Township
- Heating fuel in Malta Township
- Commute and cars in Malta Township
- Population growth in Malta Township
- How long people stay in Malta Township
- Illinois landlord and tenant rules
- Housing across DeKalb County
- Illinois places ranked by median household income
- Housing data for every place in Illinois