Is Malvern, Arkansas a Good Place To Live? - Living In Malvern, AR

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.
Population
10886
Unemployment
9%
91% NAT AVG.
Poverty
24.7%
76% NAT AVG.
Overall Score
3
Median Home Cost
$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%