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The total population of Malvern is estimated to be 1,926 with 1,040 males (54.00%) and 886 females (46.00%). There are 154 less females than males in Malvern.
The median household income in Malvern was $48,822 in 2021, which marked an an increase of 3,969(8.85%) from $44,853 in 2020. This income is 65.44% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Malvern sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,467. Overall, the median household income for the town of Malvern stands at $48,822.
In Malvern, the median income for all workers aged 15 years and older, regardless of work hours, was $35,604 for males and $25,131 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,031 for males and $33,871 for females.
In Malvern, population is primarily represented by White households, reporting a median income of $48,236.
In 2022, the population of Malvern was 1,552, a 0.98% increase year-by-year from 2021. Previously, in 2021, Malvern's population was 1,537, an increase of 0.07% compared to a population of 1,536 in 2020.
The median age in Malvern, AL is 34.8, as per 2021 ACS 5-Year Estimates. Of the total population, 23.20% were under the age of 15, 20.51% aged 15 to 29, 42.90% aged 30 to 64, 10.52% aged 65 to 84, and 2.86% were 85 years of age and older.
Racial distribution of Malvern population: 95.56% are White, 3.21% are Black or African American, 0.29% are Asian and 0.94% are multiracial.