Sign In Register

Malvern, IA

Full City Profile · Iowa · Mills County County

3.4 /5.0
B Good
1,415 Population 890/sq mi density
$82,027 Median Income $49,193 per capita
$173,900 Home Value $238,640 Zillow
$843 Median Rent 16.9% income on rent
51°F Avg Temperature 275 sunny days/yr
398 Violent Crime/100K 1,537 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$82,027 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$173,900 home value, $843/mo rent
F
Safety
1.0 / 5.0
398 violent crimes/100K (5% above avg)
B
Education
3.3 / 5.0
28.8% bachelor's degree or higher

Income Overview

Median Household Income
$82,027
9% above
US avg: $75,149
Per Capita Income
$49,193
26% above
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
1.3%
90% below
US avg: 12.4%

Income Comparison: Malvern vs. U.S. Average

Each bar shows Malvern’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$82,027
109%
Per Capita
US: $39,052
$49,193
126%
IRS Avg AGI
US: $72,000
$91,250
127%
Avg Weekly Wage
US: $1,432
$1,059
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,059
26% below US avg ($1,432)
Mean Commute Time
30 min
10% above US avg (28 min)
Work From Home
2.0%
87% below US avg (15.2%)
Drive Alone
78.8%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$645M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.8%
Public Transit 0%
Work From Home 2%
Other 19.2%
Average commute time
30 minutes
US avg: 28 min

Business Landscape

Total Establishments
458
Restaurants
21
Healthcare
27
Retail
40
Manufacturing
8

Tax & Financial

IRS Avg Adjusted Gross Income
$91,250
27% above US avg ($72,000)
Avg Property Tax
$5,433
55% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$82,027
Per Capita Income$49,193
IRS Avg Adjusted Gross Income$91,250
Avg Weekly Wage$1,059
County GDP$645M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate1.3%
Gini Coefficient0.435
Cost of Living Index87.8

Commute

Mean Commute30 minutes
Drive Alone78.8%
Public Transit0.0%
Work From Home2.0%

Businesses

Total Establishments458
Restaurants21
Healthcare27
Retail40
Manufacturing8

Tax

IRS Avg AGI$91,250
Avg Property Tax$5,433