HomeIowaMills CountyMalvern city
Malvern city, Iowa: commercial real estate data.
Malvern city is a Census city of 1,323 people across 1.59 square miles of land, in Mills County. Median household income is $84,223, 83.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $29,000.
66 sourced place values · tier FULL · 7 sections
Malvern
What Malvern is
- Census place typecity
- Land area1.59 sq mi
- Water area0 sq mi
- Population per square mile of land830
- County holding the largest share of its areaMills County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Malvern
How many people live in Malvern
- Population1,323
- Median age42.4
- Population under 18282 plus or minus 69
- Share under 1821.3 percent
- Population 65 and over264 plus or minus 73
- Share 65 and over20.0 percent plus or minus 4.6
- Households455
- Family households291 plus or minus 60
- Share of households that are families64.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Malvern
Income and work in Malvern
- Median household income$84,223
- Per capita income$48,373 plus or minus $12,982
- Civilian labor force630 plus or minus 147
- Employed624 plus or minus 147
- Unemployed6 plus or minus 8
- Unemployment rate1.0 percent plus or minus 1.3
- Adults 25 and over944
- Adults 25 and over with a high school diploma or higher93.0 percent plus or minus 24.3
- Adults 25 and over with a bachelor degree or higher25.5 percent plus or minus 9.3
- Adults 25 and over with a graduate degree4.9 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Malvern
Housing in Malvern
- Housing units534
- Occupied units455
- Vacant units79 plus or minus 45
- Vacancy rate14.8 percent plus or minus 8.1
- Owner occupied380
- Renter occupied75 plus or minus 25
- Ownership rate83.5 percent
- Median owner-occupied home value$174,700
- Median gross rent, monthly$839
- Annual rent as a share of median income12.0 percent
- Single family units464
- Share single family86.9 percent
- Units in buildings of two or more42 plus or minus 23
- Share in buildings of two or more7.9 percent plus or minus 4.1
- Mobile homes28 plus or minus 19
- Median year structure built1948
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Malvern
How Malvern gets to work
- Workers 16 and over who commute610 plus or minus 143
- Commuting under 15 minutes103 plus or minus 40
- Share commuting under 15 minutes16.9 percent plus or minus 5.3
- Commuting 30 minutes or more320 plus or minus 87
- Share commuting 30 minutes or more52.5 percent
- Drove alone80.1 percent plus or minus 26.2
- Carpooled14.9 percent plus or minus 8.0
- Public transport0.0 percent
- Walked1.9 percent plus or minus 1.7
- Worked from home3.0 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Malvern
SBA 7(a) lending to Malvern borrowers
- Approvals1
- Gross approval$29,000
- Average approval$29,000
- Median approval$29,000
- Ninetieth percentile approval$29,000
- Largest approval$29,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term60 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mills County, not Malvern
Mills County context, not Malvern figures
These are Mills County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Malvern measurements.
- Establishments in Mills County331
- Employment at those establishments, Mills County2,291
- Covered employment, Mills County3,361
- Average annual pay, Mills County$55,050
- Average weekly wage, Mills County$1,059
- Housing units permitted, Mills County40
- Of those, single family, Mills County40
- County product, 2024, Mills County$645,309,000
- County product change over the prior year, Mills County0.1 percent
- Average income of an arriving household, Mills County$69,726
Every figure in this section is published for Mills County as a whole and is not a measurement of Malvern. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Malvern questions, answered from the record.
How many people live in Malvern, Iowa?
1,323, in 455 households. Malvern city covers 1.59 square miles of land, which is 830 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Malvern in?
Mills County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Malvern?
$84,223. The median owner-occupied home is valued at $174,700. Median gross rent is $839 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Malvern businesses?
1 7(a) approvals totalling $29,000, across 1 lenders, median approval $29,000. These count approvals to borrowers whose address is in Malvern, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Malvern borrowers get paid back?
No rate is published for Malvern. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Malvern figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mills County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Malvern.
Is zoning published for Malvern?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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