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Malvern, OH Profile: Facts & Data

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Malvern, Ohio - Basic Facts

The Village of Malvern had a population of 1,106 as of July 1, 2024.

The primary coordinate point for Malvern is located at latitude 40.6917 and longitude -81.1812 in Carroll County. The formal boundaries for the Village of Malvern encompass a land area of 0.68 sq. miles and a water area of 0 sq. miles. Carroll County is in the Eastern time zone (GMT -5).

The Village of Malvern has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Malvern is located within Township of Brown, a minor civil division (MCD) of Carroll County.


Jump to... (On This Page!)
  1. Malvern 2024 Demographic Data
  2. Growth Rates for Malvern (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2024 Demographics
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Malvern, OH Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,106 (100%)
Population in Households 1,099 (99.4%)
Population in Families 810 (73.2%)
Population in Group Quarters1 7 ( 0.6%)
Population Density 1,519
Diversity Index2 21
 
 

INCOME

Median Household Income $36,457
Average Household Income $54,758
% of Income for Mortgage4 22%
Per Capita Income $24,223
Wealth Index5 34
Socioeconomic Status Index6 Low (44.5)
 

HOUSING

Total HU (Housing Units) 546 (100%)
Owner Occupied HU 297 (54.4%)
Renter Occupied HU 192 (35.2%)
Vacant Housing Units 57 (10.4%)
Median Home Value $125,467
Average Home Value $134,512
Housing Affordability Index3 113
 

HOUSEHOLDS

Total Households 489
Average Household Size 2.25
Family Households 273
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.08% -0.33%
Households -0.24% 0.12%
Families   -1.51%
Median Household Income   3.11%
Per Capita Income   3.69%
Owner Occupied HU   0.27%

Malvern, OH - Peer Comparisons by Rank and Percentile

The table below compares Malvern to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 644 49th
Population Density # 430 66th
Median Household Income # 1240 2nd
Housing Affordability Index # 421 33rd
Per Capita Income # 1190 6th
Diversity Index # 552 56th

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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