Malvern, IA 51551 has a population of approximately 1,819 and experiences a population change rate of -0.06%. The population density is 22.5 / sq mi .
Malvern, IA 51551 has a population of approximately 1,819 and experiences a population change rate of -0.06%. The population density is 22.5 / sq mi .
The median household income for Malvern, IA 51551 is $74,850, with 635 households and an average household size of 2.53.
The median value of a home in Malvern, IA 51551 is $217,800 with an appreciation rate of 15.40%. 71.45% of housing in the state is owned while 16.14% is rented.
The cost of living in Malvern, IA 51551 is 96.5 %.
The unemployment rate in Malvern, IA 51551 is 2.00%, and recent job growth is at 1.07%. Future job growth is projected at 37.90%.
The sales tax rate in Malvern, IA 51551 is 7.00%, while the income tax rate is 7.44% .
School expenditures in Malvern, IA 51551 are $14,674, and the school ratio is 15:1.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 12.2 degrees. The average rainfall is approximately 34.9 inches per year, with 23.2 inches of snow per year.