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Malvern, IA
Full City Profile · Iowa · Mills County County
Malvern, IA
At a Glance
How Malvern Compares to the U.S. Average
Each bar shows Malvern's value as a percentage of the national average (100% = U.S. avg)
Is Malvern a Good Place to Live?
Economy & Jobs
Malvern residents earn a median household income of $82,027 , which is 9% above the national average of $75,149. Per capita income is $49,193. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 1.3% of residents live below the poverty line. The area is home to 458 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Malvern is $173,900 , 38% below the national median of $281,900. Zillow estimates the typical home at $238,640. Median rent is $843/month, with 16.9% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1953.
Safety & Crime
Malvern reports 398 violent crimes per 100,000 residents , which is 5% above the national average of 380/100K. Property crime is 1,537/100K.
Education
28.8% of adults in Malvern hold a bachelor's degree or higher (15% below the national average). 92.7% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Malvern has an average annual temperature of 51°F (11°C). Winters average 23°F in January while summers reach 76°F in July. The area gets 275 sunny days per year. Annual precipitation totals 34.8 inches. Air quality is rated Good with a median AQI of 43.