Malvern is home to 1,323 people in Iowa. Owners hold 84% of the housing stock. 1% of residents were born outside the United States. The typical home is worth $174,700, having more than doubled since 2000. About 26% of adults have finished a four-year degree. The median age is 42.4, about 3 years above the US median.
At a glance
Average income
median household income $84,223, near the US median
US median: $82,259
Older
median age 42.4
US median: 38.9
Less educated
26% hold a bachelor's degree
US average: 36%
Less affordable
home values up 38%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Malvern
What changed most since 1990
White share99.8% → 96.2%(−3.6 pts)US over the same years: −17.8 pts
Poverty rate16.7% → 6.5%(−10.1 pts)US over the same years: −0.8 pts
Median household income (2024 dollars)$53,253 → $84,223(+58%)US over the same years: +14%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)12%(9)
US avg: 26.4%
Gulf War (1990s)32%(24)
US avg: 24.3%
Vietnam era12%(9)
US avg: 33.1%
Korean War5.3%(4)
US avg: 4.5%
World War II6.7%(5)
US avg: 1%
Share of the 75 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Malvern, decade by decade
Malvern population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
1,210
$53,253
$87,603
12.4%
0.4
2000
1,256
$60,446
$126,241
17.8%
4.1
2010
1,142
$81,219
$159,681
18.8%
6.9
2020
1,046
$91,316
$141,809
24.4%
15.7
2024
1,323
$84,223
$174,700
25.5%
9.2
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
