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CITY

Malaga

New Jersey · 1,693 residents · 2.136 sq mi
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The short version

Malaga is significantly wealthier than the US average, with a median household income of $107,553. Population has held roughly steady since 2023. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $236,300. Poverty is rare here, at 5.4% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.0
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,693
+5%since 2023
from 1,612 in 2023
2020 – 2024
Population density
793 / sq mi
+5%since 2023
from 755 / sq mi in 2023
US average: 281
Median age
38.0
+2%since 2023
from 37.4 in 2023
US average: 38.9
Population, 2020 – 2024
1K2K2K2K2K20202024Malaga
20242K
20202024
Section 02

Income & economy

Median household income
$107,553
−3%inflation adjusted, since 2023
from $107,875 in 2023
US average: $82,259
2020 – 2024
Per capita income
$44,994
+6%since 2023
from $42,452 in 2023
US average: $44,673
Households earning $100K+
60.5%
−2.8 ptssince 2023
from 63.3% in 2023
US average: 53.3%
Poverty rate
5.4%
−2.4 ptssince 2023
from 7.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.360
−6%since 2023
from 0.382 in 2023
US average: 0.476
Workforce by industry, 2024
Information16.7%
US avg: 10.8%
Finance & insurance9.7%
US avg: 5.9%
Other services7.7%
US avg: 6.7%
Public administration7.7%
US avg: 4.8%
Education & health services5.1%
US avg: 0.9%
Wholesale trade4.6%
US avg: 6.9%
Professional, scientific, technical4.6%
US avg: 5.1%
Retail trade3.8%
US avg: 9.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$236,300
Unchangedinflation adjusted, since 2023
from $228,500 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,117
US average: $1,442
Owner-occupied
69.9%
−12.5 ptssince 2023
from 82.4% in 2023
30.1% rent
Vacancy rate
5.5%
−2.3 ptssince 2023
from 7.8% in 2023
US average: 10.0%
Owner cost-burdened
19.5%
−1.8 ptssince 2023
from 21.3% in 2023
US average: 22.9%
Renter cost-burdened
37.0%
−33.0 ptssince 2023
from 70.0% in 2023
US average: 47.4%
Afford Score
2.2
+4%since 2023
from 2.1 in 2023
2020 – 2024
RELATED:See current rent listings in Malaga on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic92.3%(1,488)
Black6.1%(98)
Hispanic / Latino1.6%(26)
Asian0%(0)
Other0%(0)
Diversity Score18%(290)
2024
White, non-Hispanic84.3%(1,427)
Black14.1%(239)
Hispanic / Latino1.6%(27)
Asian0%(0)
Other0%(0)
Diversity Score33.7%(570)
Diversity Score
34
+87%since 2023
from 18 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
18.8%
+5.7 ptssince 2023
from 13.1% in 2023
US average: 35.6%
High school or higher
94.8%
+0.3 ptssince 2023
from 94.4% in 2023
US average: 89.6%
Graduate degree
10.7%
+4.9 ptssince 2023
from 5.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.1 min
+1%since 2023
from 32.6 min in 2023
US average: 26.5
Drive alone to work
90.1%
+2.5 ptssince 2023
from 87.6% in 2023
US average: 68.9%
Carpooled to work
9.1%
−3.3 ptssince 2023
from 12.4% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
0.8%
+0.8 ptssince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
1.4%
−1.2 ptssince 2023
from 2.6% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.2%
−1.3 ptssince 2023
from 7.4% in 2023
US average: 5.2%
Labor force participation
65.9%
+5.1 ptssince 2023
from 60.8% in 2023
US average: 63.5%
Self-employed
13.1%
−5.3 ptssince 2023
from 18.5% in 2023
US average: 13.1%
Management & professional
24.2%
−9.6 ptssince 2023
from 33.8% in 2023
US average: 42.5%
Section 08

People & community

Male
46.2%
−1.2 ptssince 2023
from 47.4% in 2023
Female
53.8%
+1.2 ptssince 2023
from 52.6% in 2023
Foreign born
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
4.9%
−2.5 ptssince 2023
from 7.4% in 2023
US average: 6.2%
With a disability
20.8%
−1.0 ptssince 2023
from 21.8% in 2023
US average: 13.3%
Uninsured
3.6%
−0.2 ptssince 2023
from 3.8% in 2023
US average: 8.4%
Broadband at home
80.6%
−9.6 ptssince 2023
from 90.2% in 2023
US average: 91.0%
English only at home
98.4%
+0.1 ptssince 2023
from 98.3% in 2023
US average: 77.7%
Spanish at home
1.6%
−0.1 ptssince 2023
from 1.7% in 2023
US average: 13.6%
Drill deeper

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Compare Malaga to nearby cities

MALAGA VS
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Income$90,274−16%
Home value$252,300+7%
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MALAGA VS
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MALAGA VS
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MALAGA VS
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Home value$314,400+33%
Population24,483+1346%
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Frequently asked

How many people live in Malaga, New Jersey?

Malaga, New Jersey has about 1,693 residents according to the 2024 American Community Survey.

What is the median household income in Malaga, New Jersey?

The typical household in Malaga, New Jersey earns about $107,553 a year. Half of households make more than that, and half make less.

Is Malaga, New Jersey expensive?

In Malaga, New Jersey, the median home is worth about $236,300, and the typical rent is about $1,117 a month.

How educated are people in Malaga, New Jersey?

About 18.8% of adults age 25 and over in Malaga, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Malaga, New Jersey?

About 5.4% of people in Malaga, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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