City

Malta, MT

1 ZIP code  ·  Phillips County  ·  Montana

👥2,842Population
💰$65,833Median HH Income▼ 14% below avg
🎂44.0Median Age
🏠$174,500Median Home Value▼ 37% below avg
🎓30.2%College Grads▼ 22% below avg
📊0.3%Unemployment▼ 94% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.9% Female 46.1% ♀

Race & Ethnicity

White: 85.9%Hispanic: 1.8%Black: 0.6%Other: 9.4%Race
White85.9%
Hispanic1.8%
Black0.6%
Other9.4%

Age Breakdown

Under 5
6%
5–17
19%
18–24
5%
25–44
23%
45–64
28%
65+
8%

Key Indicators

Median Age44.0 yrs
Avg HH Size2.35
Below Poverty8.0% ▼ 20% below avg
College Grads30.2% ▼ 22% below avg
Unemployment0.3% ▼ 94% below avg
No HS Diploma5 (0.3%)
HS Graduate475 (25.2%)
Some College434 (23.1%)
Associates399 (21.2%)
Bachelors151 (8%)
Graduate Degree418 (22.2%)

Education

No HS: 0.3%HS Grad: 25.2%Some College: 23.1%Associates: 21.2%Bachelors: 8%Graduate: 22.2%Edu
No HS0.3%
HS Grad25.2%
Some College23.1%
Associates21.2%
Bachelors8.0%
Graduate22.2%
Housing & Income

Housing Tenure

Owner: 72.8%Renter: 27.2%Tenure
Owner72.8%
Renter27.2%

Home Value Distribution

Under $50k
15%
$50k–$100k
10%
$100k–$150k
17%
$150k–$200k
12%
$200k–$300k
26%
$300k–$500k
8%
Over $500k
12%

Financials

Median HH Income$65,833 ▼ 14% below avg
Median Home Value$174,500 ▼ 37% below avg
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$677/mo
Total Housing Units1,363
Vacant Units197

Income Distribution

Under $25k
18%
$25k–$50k
22%
$50k–$75k
16%
$75k–$100k
10%
$100k–$150k
23%
$150k–$200k
6%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
81%
Public Transit
0%
Walked
8%
Work From Home
11%

Commute Time

Under 15 min
75%
15–30 min
14%
30–45 min
5%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
14%
1960s–1970s
6%
1980s–1990s
16%
2000+
61%
About Malta, MT

Malta is a city in Montana, located in Phillips County. The city spans 1 ZIP code and is home to approximately 2,842 residents. It is a middle-aged city, with a median age of 44 years.

Economically, Malta is a solidly middle-class community. The median household income of $65,833 is near the national average. Approximately 8.0% of residents live below the poverty line. The unemployment rate is 0.3%, well below the national average.

The real estate market in Malta is an affordable housing market. Median home values stand at $174,500, which is below the national average. Renters typically pay around $677 per month. Homeownership is high at 72.8%, typical of suburban and family-oriented communities.

The population of Malta is moderately educated. 30.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (85.89%).

Malta, MT offers residents a cost-conscious lifestyle within Montana.

ZIP Codes in Malta
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
59538 2,842 $65,833 $174,500 $677 0.3% 30.2% 72.8%