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 is classified by USPS as a standard delivery area and covers roughly 210.1 square miles in Malvern, Mills County, Iowa. The area is home to 1,828 residents, producing a population density of 9 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 51551 against Iowa and the nation.
On the economic side, the median household income for ZIP 51551 sits at $85,469 (12% above the Iowa average), while per-capita income is $45,789. The poverty rate stands at 4.7% and the unemployment rate at 0.6%. On housing, the median home value is $212,400 (21% above the state average) with median rent at $870 per month, and 85.9% of occupied units are owner-occupied, a direct signal of whether 51551 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 25.1% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 29 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Mills County, so you can benchmark 51551 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 51551
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
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? ▼
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ZIP Code Research Guides
Official Data Resources for Malvern, IA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.