Malvern, Arkansas
Moving to or Living in Malvern Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Malvern, Arkansas
Moving to Malvern In Arkansas ? Find out the best and worst about to live, raise a family or retire in Malvern, the Pros and Cons of Living in Malvern.
Explore the life in Malvern based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Malvern, Arkansas
Is Malvern, Arkansas a good place to live?
Malvern is a city in Arkansas state in USA with a population of 10886 residents..
The poverty rate of Malvern is 24.7%, which is 76% higher than national average.
The typical household in Malvern earns $35833 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65.1% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Malvern, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Malvern remained 9%, which is 91% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Malvern, only 12% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Malvern is 81, which is 19% lower than national average. Median home value in Malvern is $89300 , which is 61% lower than national average. While median income in Malvern remained $35833, which is 47% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Malvern, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Malvern remained 9%, which is 91% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Malvern, only 12% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Malvern is 81, which is 19% lower than national average. Median home value in Malvern is $89300 , which is 61% lower than national average. While median income in Malvern remained $35833, which is 47% lower than national average.
Population
10886
Unemployment
9%
Poverty
24.7%
Overall Score
3
Median Home
$89300
61%
NAT AVG.
Median Income
$35833
47%
NAT AVG.
Median Rent
$621
46%
NAT AVG.
Cost Of Living
81
19%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 12
People Earning < $50,000
65.1%
People with <= High School
1 in 1.9
People With Any Degree
1 in 5.3
Pros & Cons Overview
Jobs40%
Housing40%
Affordability80%
Safety30%
Amenities80%
Diversity90%
Education50%
Commute90%
Cost of Living
Expense | Malvern | Arkansas | National Avg. |
---|---|---|---|
Services | 103 | 97 | 100 |
Groceries | 93 | 92 | 100 |
Health | 88 | 88 | 100 |
Housing | 48 | 66 | 100 |
Transportation | 81 | 87 | 100 |
Utilities | 96 | 93 | 100 |
Cost of Living
Gender
Gender | Malvern | Arkansas | Country |
---|---|---|---|
Female | 41.4% | 50.9% | 50.8% |
Male | 58.6% | 49.1% | 49.2% |
Gender
Household Income
Income | Malvern | Arkansas | Country |
---|---|---|---|
Less than $10,000 | 8.1% | 7.4% | 5.8% |
$10,000 to $14,999 | 9.8% | 5.6% | 4.1% |
$15,000 to $24,999 | 15.3% | 11.9% | 8.5% |
$25,000 to $34,999 | 15.4% | 11.3% | 8.6% |
$35,000 to $49,999 | 16.5% | 14.1% | 12.0% |
$50,000 to $74,999 | 16.9% | 18.4% | 17.2% |
$75,000 to $99,999 | 5.7% | 11.6% | 12.8% |
$100,000 to $149,999 | 8.6% | 11.7% | 15.6% |
$150,000 to $199,999 | 1.9% | 4% | 7.1% |
$200,000 or more | 1.7% | 4% | 8.3% |
Education
Education | Malvern | Arkansas | Country |
---|---|---|---|
< 9th Grade | 4% | 6% | 5.0% |
9-12th Grade | 9% | 8% | 7.0% |
High School or GED | 41% | 34% | 27.0% |
Other College | 27% | 22% | 20.0% |
Associate's Degree | 7% | 7% | 9% |
Bachelor's Degree | 8% | 15% | 20.0% |
Master's Degree | 3% | 6% | 9.0% |
Professional Degree | 1% | 1% | 2.0% |
Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Malvern | Arkansas | Country |
---|---|---|---|
White | 60.2% | 71.6% | 60.1% |
African American | 28.9% | 15.1% | 12.2% |
American Indian | 0.3% | 0.5% | 0.6% |
Asian | 0.5% | 1.5% | 5.6% |
Hawaiian | 0.1% | 0.3% | 0.2% |
Other | 0% | 0.2% | 0.3% |
Multiracial | 4.8% | 3.1% | 2.8% |
Hispanic | 5.2% | 7.6% | 18.2% |