City

Malvern, AR

1 ZIP code  ·  Hot Spring County  ·  Arkansas

👥23,222Population
💰$51,492Median HH Income▼ 33% below avg
🎂42.0Median Age
🏠$117,300Median Home Value▼ 58% below avg
🎓25.4%College Grads▼ 34% below avg
📊3.6%Unemployment▼ 27% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.1% Female 46.9% ♀

Race & Ethnicity

White: 75.3%Hispanic: 4.4%Black: 16.4%Other: 3.8%Race
White75.3%
Hispanic4.4%
Black16.4%
Other3.8%

Age Breakdown

Under 5
5%
5–17
15%
18–24
9%
25–44
25%
45–64
27%
65+
9%

Key Indicators

Median Age42.0 yrs
Avg HH Size2.55
Below Poverty17.2% ▲ 72% above avg
College Grads25.4% ▼ 34% below avg
Unemployment3.6% ▼ 27% below avg
No HS Diploma139 (0.9%)
HS Graduate6,000 (39.8%)
Some College2,658 (17.6%)
Associates2,442 (16.2%)
Bachelors1,365 (9.1%)
Graduate Degree2,469 (16.4%)

Education

No HS: 0.9%HS Grad: 39.8%Some College: 17.6%Associates: 16.2%Bachelors: 9.1%Graduate: 16.4%Edu
No HS0.9%
HS Grad39.8%
Some College17.6%
Associates16.2%
Bachelors9.1%
Graduate16.4%
Housing & Income

Housing Tenure

Owner: 72%Renter: 28%Tenure
Owner72.0%
Renter28.0%

Home Value Distribution

Under $50k
15%
$50k–$100k
27%
$100k–$150k
18%
$150k–$200k
14%
$200k–$300k
18%
$300k–$500k
6%
Over $500k
2%

Financials

Median HH Income$51,492 ▼ 33% below avg
Median Home Value$117,300 ▼ 58% below avg
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$768/mo
Total Housing Units9,771
Vacant Units1,560

Income Distribution

Under $25k
25%
$25k–$50k
20%
$50k–$75k
19%
$75k–$100k
14%
$100k–$150k
16%
$150k–$200k
4%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
94%
Public Transit
0%
Walked
2%
Work From Home
3%

Commute Time

Under 15 min
32%
15–30 min
24%
30–45 min
22%
Over 45 min
22%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
12%
1960s–1970s
18%
1980s–1990s
12%
2000+
55%
About Malvern, AR

Malvern is a city in Arkansas, located in Hot Spring County. The city spans 1 ZIP code and is home to approximately 23,222 residents. It is a middle-aged city, with a median age of 42 years.

Economically, Malvern is a working-class community. The median household income of $51,492 is below the national average. Approximately 17.2% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.

The real estate market in Malvern is one of the more affordable housing markets in the country. Median home values stand at $117,300, which is well below the national average. Renters typically pay around $768 per month. Homeownership is high at 72.0%, typical of suburban and family-oriented communities.

The population of Malvern is moderately educated. 25.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (75.28%).

Malvern, AR offers residents a cost-conscious lifestyle within Arkansas.

ZIP Codes in Malvern
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
72104 23,222 $51,492 $117,300 $768 3.6% 25.4% 72.0%