Malvern, IA · standard
ZIP Code 51551
Mills County, Iowa - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,828
- 9/sq mi
- $85,469
- Median income
- $212,400
- Median home value
- 25.1%
- Bachelor's or higher
The verdict
Malvern pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 32%
- household income, US ZIPs
- 47th pct
- home value, US ZIPs
- 9
- people per sq mi
- 86%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 51551 against every reporting US ZIP.
ZIP code 51551 covers 210.1 square miles in Malvern, Mills County, Iowa (a standard USPS delivery area), with a modest 1,828 residents on file, a density of 9 people per square mile, in the Chicago time zone.
ZIP 51551 lands in the middle-income range, with a median household income of $85,469 (12% above the Iowa average), while per-capita income is $45,789. Local economic indicators show a 4.7% poverty rate alongside 0.6% unemployment. Median home value sits at $212,400 (21% above the state average), median rent at $870 a month, and owner-occupancy at 85.9%.
Educational attainment sits below the national norm: 25.1% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 29 minutes. A geography-based comparison follows: 4 ZIP codes within about 10 miles of 51551, plus 6 more within Mills County, give a clearer read than the national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 51551
Top 5 sectors by establishment count in Malvern, IA
Which industries have the most business establishments in ZIP 51551.
- Retail trade
Retail trade
5 establishments
- Transportation and warehousing
Transportation and warehousing
5 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
5 establishments
- Other services (except public administration)
Other services (except public administration)
5 establishments
- Construction
Construction
4 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 51551, Malvern, IA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
1,828
Population
210.1
Area (sq mi)
9
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 51551?
40.8
Median Age
48.5%
Male
51.5%
Female
0.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$85,469
Median Household Income
+12% vs state
$45,789
Per Capita Income
4.7%
Poverty Rate
0.6%
Unemployment Rate
29.0 min
Mean Commute Time
How ZIP 51551 ranks nationally
Malvern, IA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$85,469 Top 32% higher than 68% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
734
Total Housing Units
633
Occupied Units
101
Vacant Units
2.83
Avg Household Size
Occupancy Type
$212,400
Median Home Value
+21% vs state
$870
Median Rent
1955
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 40 business establishments in ZIP 51551, employing approximately 254 people with a combined annual payroll of $11,943,000.
40
Businesses
254
Employees
$11.9M
Annual Payroll
7
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 5 | 12.5% |
| Transportation and warehousing | 5 | 12.5% |
| Professional, scientific, and technical services | 5 | 12.5% |
| Other services (except public administration) | 5 | 12.5% |
| Construction | 4 | 10.0% |
| Health care and social assistance | 4 | 10.0% |
| Wholesale trade | 3 | 7.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 51551 vs 51540 →
ZIP 51551 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 51534
Glenwood (51534)
9,236 residents
- 51551 1,828
Malvern (51551)
1,828 residents
- 51653 1,379
Tabor (51653)
1,379 residents
- 51540 449
Hastings (51540)
449 residents
- 51649 328
Randolph (51649)
328 residents
What this shows Among its immediate neighbors, ZIP 51551 ranks #2 by population - useful context the national average alone can't give.
ZIP 51551 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 51534
Glenwood (51534)
$93,646 median income
- 51551
Malvern (51551)
$85,469 median income
- 51540
Hastings (51540)
$84,375 median income
- 51653
Tabor (51653)
$71,319 median income
- 51649
Randolph (51649)
$58,333 median income
What this shows By household income, ZIP 51551 ranks #2 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
More ZIP Codes in Mills County
Related Areas
Frequently Asked Questions
What county is ZIP code 51551 in? ▼
What is the population of ZIP code 51551? ▼
What is the median household income in ZIP 51551? ▼
What is the average home value in ZIP 51551? ▼
What is the demographic makeup of ZIP 51551? ▼
How many businesses are in ZIP code 51551? ▼
What are the main industries in ZIP code 51551? ▼
What is the education level in ZIP code 51551? ▼
What is the average commute time in ZIP 51551? ▼
What percentage of residents own vs. rent in ZIP 51551? ▼
What is the poverty rate in ZIP code 51551? ▼
Read our methodology to see how this data is sourced, computed, and verified.