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CITY · 2020 ACS

Malvern

Iowa · 1,046 residents · 1.594 sq mi
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The short version

Malvern is wealthier than most US places, with a median household income of $75,341. Population has fallen 17% since 2000, a loss of 210 residents. Median home value has risen by half since 2000, reaching $117,000. Poverty is rare here, at 3.3% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.3
US median: 38.8
Less educated
24% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,046
−17%since 2000
from 1,256 in 2000
1990 – 2025
Population density
656 / sq mi
−17%since 2000
from 788 / sq mi in 2000
US average: 280
Median age
39.3
−2%since 2000
from 40.1 in 2000
US average: 38.8
Population, 1990 – 2024
9391K1K1K1K1990201020202024Malvern
20241K
1990201020202024
Section 02

Income & economy

Median household income
$75,341
+51%inflation adjusted, since 2000
from $33,182 in 2000
US average: $66,278
1990 – 2024
Per capita income
$33,666
+116%since 2000
from $15,553 in 2000
US average: $35,364
Households earning $100K+
50.7%
+23.5 ptssince 2009
from 27.3% in 2009
US average: 43.9%
Poverty rate
3.3%
−7.9 ptssince 2000
from 11.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Information13.4%
US avg: 11.1%
Transportation & warehousing8.8%
US avg: 2.5%
Wholesale trade7.7%
US avg: 6.7%
Other services6.2%
US avg: 6.6%
Public administration5.4%
US avg: 4.7%
Retail trade4.9%
US avg: 10%
Finance & insurance4.2%
US avg: 5.5%
Professional, scientific, technical3.1%
US avg: 4.7%
Arts, entertainment, food3.1%
US avg: 2%
Agriculture, forestry, fishing1.8%
US avg: 1.7%
Construction1.8%
US avg: 1.2%
Education & health services1.1%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$117,000
+12%inflation adjusted, since 2000
from $69,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$795
+29%inflation adjusted, since 2000
from $411 in 2000
US average: $1,124
Owner-occupied
75.2%
−5.4 ptssince 2000
from 80.6% in 2000
24.8% rent
Afford Score
1.6
−26%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Malvern on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.3%(1,235)
Black0.1%(1)
Hispanic / Latino0.4%(5)
Asian0.1%(1)
Other0%
Diversity Score1.4%(18)
2020
White, non-Hispanic93.5%(978)
Black0.1%(1)
Hispanic / Latino2.2%(23)
Asian0.3%(3)
Other0.2%(2)
Diversity Score7%(73)
Diversity Score
7
+398%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.4%
+6.6 ptssince 2000
from 17.8% in 2000
US average: 32.9%
High school or higher
87.3%
+8.4 ptssince 2000
from 78.9% in 2000
US average: 88.5%
Graduate degree
3.2%
+0.7 ptssince 2000
from 2.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.2 min
+57%since 2000
from 19.9 min in 2000
US average: 26.9
Drive alone to work
77.7%
−8.4 ptssince 2009
from 86.1% in 2009
US average: 75.1%
No vehicle available
0.7%
−5.5 ptssince 2009
from 6.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.8%
−3.9 ptssince 2011
from 7.7% in 2011
US average: 5.4%
Labor force participation
62.9%
+6.0 ptssince 2011
from 56.8% in 2011
US average: 63.4%
Management & professional
28.3%
−23.7 ptssince 2009
from 52.1% in 2009
US average: 39.3%
Section 08

People & community

Male
51.3%
+1.6 ptssince 2009
from 49.6% in 2009
Female
48.7%
−1.6 ptssince 2009
from 50.4% in 2009
Foreign born
0.2%
−0.6 ptssince 2009
from 0.8% in 2009
US average: 13.5%
Uninsured
3.2%
−88.8 ptssince 2013
from 92.0% in 2013
US average: 8.8%
Drill deeper

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Compare Malvern to nearby cities

MALVERN VS
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Income$85,462+13%
Home value$247,000+111%
Population64,863+5945%
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MALVERN VS
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Income$64,578−14%
Home value$171,800+47%
Population62,680+5742%
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MALVERN VS
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Income$111,679+48%
Home value$311,000+166%
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MALVERN VS
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Income$81,961+9%
Home value$260,900+123%
Population16,543+1442%
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Frequently asked

How many people live in Malvern, Iowa?

Malvern, Iowa has about 1,046 residents according to the 2020 American Community Survey.

What is the median household income in Malvern, Iowa?

The typical household in Malvern, Iowa earns about $75,341 a year. Half of households make more than that, and half make less.

Is Malvern, Iowa expensive?

In Malvern, Iowa, the median home is worth about $117,000, and the typical rent is about $795 a month.

How educated are people in Malvern, Iowa?

About 24.4% of adults age 25 and over in Malvern, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Malvern, Iowa?

About 3.3% of people in Malvern, Iowa live below the federal poverty line.

Has Malvern, Iowa grown since 1990?

Yes, Malvern, Iowa has shrunk since 1990. The population has lost about 164 residents, a change of about -14 percent over that period.

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

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