Pros and Cons of Living In Malvern, Arkansas. Is Malvern, AR a Nice Place To Live or Retire?

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Malvern, Arkansas

Moving to Malvern In Arkansas ? Is Malvern, AR a Nice Place To Live? Pros and Cons of Living in Malvern, Arkansas. Find out the best and worst about to live, raise a family or retire in Malvern.

Malvern is a city in and the county seat of Hot Spring County, Arkansas, United States. Founded as a railroad stop at the eastern edge of the Ouachita Mountains, the community's history and economy have been tied to available agricultural and mineral resources. The production of bricks from locally available clay has earned the city the nickname, "The Brick Capital of the World". The city had a population of 10,318 at the time of the 2010 census, and in 2019 the estimated population was 10,931.

DEMOGRAPHICS

Population
10886
Unemployment
9%
91% NAT AVG.
Poverty
24.7%
76% NAT AVG.
Cost Of Living
81
19% NAT AVG.

ECONOMICS

Median Home Cost
$89300
61% NAT AVG.
Median Income
$35833
47% NAT AVG.
Median Rent
$621
46% NAT AVG.
Overall Score
3

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 12
People Earning < $50,000
65.1%
People With Any Degree
1 in 5.3

ETHNICITY

Ethnicity Malvern USA
White 60.2% 60.1%
African American 28.9% 12.2%
American Indian 0.3% 0.6%
Asian 0.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 4.8% 2.8%
Hispanic 5.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Malvern USA
Less than $10,000 8.1% 5.8%
$10,000 to $14,999 9.8% 4.1%
$15,000 to $24,999 15.3% 8.5%
$25,000 to $34,999 15.4% 8.6%
$35,000 to $49,999 16.5% 12.0%
$50,000 to $74,999 16.9% 17.2%
$75,000 to $99,999 5.7% 12.8%
$100,000 to $149,999 8.6% 15.6%
$150,000 to $199,999 1.9% 7.1%

EDUCATION

Education Malvern USA
< 9th Grade 4% 5.0%
9-12th Grade 9% 7.0%
High School or GED 41% 27.0%
Other College 27% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 8% 20.0%
Master's Degree 3% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Malvern is 81, which is 19% lower than national average. In Malvern, only 12% of adults have a bachelor's degree and 34% have some college but no degree. 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.
Malvern Scorecard

Jobs40%

Housing40%

Affordability80%

Safety30%

Amenities80%

Diversity90%

Education50%

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