Malvern, AR
Population 10,938 · Arkansas
About Malvern, AR
Malvern is a mid-sized city in Arkansas with a population of 10,938 residents. The median household income is $40,602 per year, which is below the national average. The median age in Malvern is 38.3 years.
Housing in Malvern has a median home value of $95,500 and median monthly rent of $760. Of the 4,030 total housing units, the majority are owner-occupied, with 1,908 owner-occupied and 1,543 renter-occupied units.
The unemployment rate in Malvern is 5.0% and the poverty rate is 21.1%. 10.7% of residents hold a bachelor's degree or higher. The average commute time is 20.4 minutes.
How Malvern Ranks in Arkansas
Cost of Living in Malvern, AR
Compared to national averages, Malvern has a median household income of $40,602 (46% below the national median of $75,149). Home values average $95,500, which is 61% below the national median. Monthly rent at $760 is 35% below the US average of $1,163. Within Arkansas, Malvern's income is 22% below the state average of $52,241, and home values are 24% below the state median of $125,457.
Why Live in Malvern, AR?
Malvern offers affordable housing with a median home value of $95,500, below the US average of $244,900, and rent that’s lower than the national average at $760/month, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($40,602) that falls below the national average. However, Malvern’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malvern has a population of 10,938 with a median age of 38.3 years. Compare Malvern with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Malvern
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Magnolia | 10,973 | $42,188 | $166,500 | Compare |
| Batesville | 11,385 | $54,424 | $159,200 | Compare |
| Lowell | 10,438 | $92,986 | $260,100 | Compare |
| Camden | 10,427 | $51,300 | $108,800 | Compare |
| Arkadelphia | 10,316 | $42,430 | $176,000 | Compare |
| Greenwood | 9,570 | $65,745 | $177,300 | Compare |
| Clarksville | 9,500 | $37,848 | $159,700 | Compare |
| Helena-West Helena | 9,218 | $32,466 | $72,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malvern
What is the population of Malvern, AR?
The population of Malvern, AR is 10,938 according to the latest Census data.
What is the median household income in Malvern?
The median household income in Malvern, AR is $40,602 per year.
What is the median home value in Malvern?
The median home value in Malvern, AR is $95,500.
What is the average rent in Malvern?
The median monthly rent in Malvern, AR is $760.
What is the unemployment rate in Malvern?
The unemployment rate in Malvern, AR is 5.0%.