Iowa · Census place 48720
Malvern city, IA
Quick answer
Malvern city has 1,415 residents, ranking #224 of 1026 places in Iowa. Median household income is $82,027, the median home is worth $173,900 and median gross rent runs $843 a month.
- Population
- 1,415Malvern city residents
- Median household income
- $82,027Past 12 months, inflation adjusted
- Median home value
- $173,900Owner-occupied units
- Median gross rent
- $843Rent plus utilities, monthly
- Median age
- 42.6 yrsAll residents
- Homeownership rate
- 85.3%Owner-occupied households
What the numbers mean in Malvern city
Housing cost measured against local earnings.
A household earning the Malvern city median would spend about 12.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.3% of residents and 85.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Roland city 1,458
- Kingsley city 1,427
- Woodbine city 1,418
- Strawberry Point city 1,415
- Earlham city 1,406
- Coon Rapids city 1,403
- Nora Springs city 1,394
Keep going
More Iowa coverage.