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 Rate | 3.7% |
| Poverty Rate | 1.3% |
| Gini Coefficient | 0.435 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 78.8% |
| Public Transit | 0.0% |
| Work From Home | 2.0% |
Businesses
| Total Establishments | 458 |
| Restaurants | 21 |
| Healthcare | 27 |
| Retail | 40 |
| Manufacturing | 8 |
Tax
| IRS Avg AGI | $91,250 |
| Avg Property Tax | $5,433 |
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