The typical owner-occupied home in Malta Bend is worth about $91,000, 60% below the Missouri median of $230,300 and 73% below the national median of $332,700. Owners pay a median $400 a year in property taxes, about 0.44% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $46,875 a year, so the median home costs 1.9 times the median income (3.3 times for Missouri). 92% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Malta Bend at a glance
| Malta Bend | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $91,000 | $230,300 | $332,700 |
| Median property tax paid per year | $400 | $1,948 | $3,119 |
| Property tax as a share of value | 0.44% | 0.85% | 0.94% |
| Median household income | $46,875 | $70,702 | $80,734 |
| Homes lived in by their owners | 92% | 68% | 65% |
| Owner homes with a mortgage | 63% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $950 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 17.2% | 19.0% | 21.0% |
| Median rent | – | $1,033 | $1,413 |
| Median year homes were built | 1952 | 1978 | 1980 |
| Vacant homes | 25.2% | 11.2% | 10.1% |
| Population | 211 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Malta Bend
At this week's average 30-year rate of 7.11%, buying the median Malta Bend home of $91,000 with 20% down costs about $561 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $713, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $24,043 for the 20%-down payment. That payment is 14% of the median Malta Bend household income of $46,875; at that income and 20% down, the 28% guideline points to a home of about $177,000.
| Down payment | $18,200 |
|---|---|
| Loan amount | $72,800 |
| Principal and interest | $490 |
| Property taxes (0.44% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $561 |
Change the numbers in the calculator
| Down payment | $3,185 |
|---|---|
| Loan amount | $89,352 |
| Principal and interest | $601 |
| Property taxes (0.44% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $40 |
| Total per month | $713 |
Change the numbers in the calculator
Questions about home buying in Malta Bend
What is the median home value in Malta Bend?
About $91,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Malta Bend?
Homeowners pay a median $400 a year, which is about 0.44% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Malta Bend?
For the median home with 20% down at 7.11%, the payment is about $561 a month. Keeping that under 28% of gross income takes about $24,043 a year.
More about Malta Bend
- Mortgage Refinance in Malta Bend
- Debt Relief in Malta Bend
- Home Equity Loans in Malta Bend
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data