Malvern

Population: 10,938
Median household income: $40,602
Median home value: $95,500

Located in Hot Spring County, Arkansas, Malvern is a community with a population of 10,938. The median household income of $40,602 is below the Hot Spring County median ($52,644).

From 2019 to 2023, Malvern's population held roughly steady from 10,920 to 10,938, while its median home value rose 2.5% from $93,200 to $95,500.

The median gross rent is $760. 10.7% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 10,938
Median age: 38.3 yrs
Median household income: $40,602
Median home value: $95,500
Median gross rent: $760
Housing units: 4,030
Homeownership rate: 55.3%
Bachelor's degree or higher: 10.7%
Unemployment rate: 5.0%

Trends

ACS 5-year · 2019–2023

Population

10,92010,938

Median household income

$33,549$40,602

Median home value

$93,200$95,500

Median gross rent

$585$760

Year	Population	Median household income	Median home value	Median gross rent
2019	10,920	$33,549	$93,200	$585
2020	10,886	$35,833	$89,300	$621
2021	10,626	$34,880	$89,100	$647
2022	10,859	$37,210	$88,400	$712
2023	10,938	$40,602	$95,500	$760

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.8%

5 to 1715.0%

18 to 247.0%

25 to 3419.2%

35 to 4415.0%

45 to 5412.6%

55 to 649.1%

65 to 7410.8%

75 and over6.5%

	Count	Share
Under 5	525	4.8%
5 to 17	1,639	15.0%
18 to 24	767	7.0%
25 to 34	2,095	19.2%
35 to 44	1,637	15.0%
45 to 54	1,383	12.6%
55 to 64	994	9.1%
65 to 74	1,186	10.8%
75 and over	712	6.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	6,622	60.5%
Black or African American	3,527	32.2%
American Indian & Alaska Native	30	0.3%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	427	3.9%
Hispanic or Latino (any race)	332	3.0%

Educational attainment (age 25+)

No high school diploma15.2%

High school graduate47.6%

Some college or associate's26.6%

Bachelor's degree7.5%

Graduate or professional degree3.2%

	Count	Share
No high school diploma	1,215	15.2%
High school graduate	3,809	47.6%
Some college or associate's	2,130	26.6%
Bachelor's degree	600	7.5%
Graduate or professional degree	253	3.2%

Commute to work

Mean travel time to work: 20 min

Drove alone84.0%

Carpooled10.9%

Public transit1.0%

Walked2.3%

Bicycle0.0%

Worked from home1.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	3,063	84.0%
Carpooled	399	10.9%
Public transit	37	1.0%
Walked	85	2.3%
Bicycle	0	0.0%
Worked from home	63	1.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	1,858	51.8%
15 to 29 min	660	18.4%
30 to 44 min	553	15.4%
45 to 59 min	251	7.0%
60+ min	262	7.3%

Households

Average household size: 2.53
Poverty rate: 21.1% (1,837 of 8,714)

	Count	Share
Family households	2,198	63.7%
Nonfamily households	1,253	36.3%

Housing

Median year structure built: 1969

Occupancy

	Count	Share
Occupied	3,451	85.6%
Vacant	579	14.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,908	55.3%
Renter-occupied	1,543	44.7%

1-unit, detached73.5%

1-unit, attached1.5%

2 to 4 units10.7%

5 to 19 units7.3%

20 or more units0.3%

Mobile home & other6.7%

Units in structure

	Count	Share
1-unit, detached	2,963	73.5%
1-unit, attached	60	1.5%
2 to 4 units	433	10.7%
5 to 19 units	293	7.3%
20 or more units	12	0.3%
Mobile home & other	269	6.7%

Geography

Place GEOID: 0543610
Type (LSAD): 25
Land area: 9.68 sq mi
Water area: 0.06 sq mi
Center point: 34.3736, -92.8213