HomeIowaMills CountyMalvern
Malvern, Iowa: commercial real estate data.
Malvern 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Malvern (7(a))
- Approvals1
- Gross approval$29,000
- Average approval$29,000
- Median 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
Counted by borrower city: approvals to borrowers whose address is in Malvern, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Malvern
Flood risk in Malvern
- NFIP communityCity of Malvern
- NFIP community number190205
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/17/20
The City of Malvern participates in the National Flood Insurance Program as community 190205 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Mills County, not Malvern
Mills County context, not Malvern figures
- Establishments in Mills County331
- Covered employment, Mills County3,361
- Average annual pay, Mills County$55,050
- Housing units permitted, Mills County40
Every figure in this section is published for Mills County as a whole and is not a measurement of Malvern.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $29,000 since FY2020, 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Malvern in the National Flood Insurance Program?
Yes. Malvern appears in the FEMA Community Status Book as Malvern, city of, community 190205, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Malvern figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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