Malta, Illinois (known as 60150) is a small rural town with a population of 3,269 according to the 2016 US Census. The median household income in Malta is $66,250, and the average two-bedroom rent in the town is $1,150. The local grocery cost index is 97 compared to 100 in the US. Some of the notable companies located in and around Malta include Northern Electric Inc., Midwestern Hardscapes LLC, AMS Powerwashing & Home Improvement LLC, and ServiceMaster Restoration by Zaba. Overall, Malta offers its residents affordable living costs and access to employment opportunities at local businesses.
Malta (zip 60150) has an unemployment rate of 6.3%. The US average is 6.0%.
Malta (zip 60150) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Malta (zip 60150)
- The Sales Tax Rate for Malta (zip 60150) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Malta (zip 60150) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Malta (zip 60150)
- The average income of a Malta (zip 60150) resident is $30,121 a year. The US average is $37,638 a year.
- The Median household income of a Malta (zip 60150) resident is $75,000 a year. The US average is $69,021 a year.