Last updated: 2024 BLS data · Page refreshed:
Malaga has a population of 1,693 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,693 |
| Median Age | 38.0 |
| White | 84.3% |
| Black or African American | 14.1% |
| Hispanic or Latino | 1.6% |
The median household income in Malaga is $107,553, which is 33.4% above the national median of $80,610. The per capita income is $44,994. The poverty rate is 5.4%.
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In Malaga, 94.8% of residents age 25+ have a high school diploma or higher, and 18.8% hold a bachelor's degree or higher (10.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.8% |
| Bachelor's Degree or Higher | 18.8% |
| Graduate or Professional Degree | 10.7% |
The median home value in Malaga is $236,300, below the national median of $303,400. The median monthly rent is $1,117. The homeownership rate is 69.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $236,300 |
| Median Monthly Rent | $1,117 |
| Homeownership Rate | 69.9% |
| Vacancy Rate | 5.5% |
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