Malvern Gardens, Richmond, VA demographics:
population, income, and more

Total population
745
1.5% year-over-year change
Median household income
$99,816/yr
2.9% year-over-year change
Housing units
416
3.5% year-over-year change

Malvern Gardens population

How many people live in Malvern Gardens

Malvern Gardens is home to 745 residents, according to the most recent Census data. Gender-wise, 49% of Malvern Gardens locals are male, and 51.1% are female.

Total population
745
1.5% year-over-year change
Gender ratio
Male
49%
365
Female
51.1%
381
Value Percent YoY change
Male 365 49% 4.9%
Female 381 51.1% -1.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Malvern Gardens is 37, with the population distributed as follows: about 12.1% are children under 15, then 6.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 43.4% of the population, while another 25.3% fall into the 45 to 64 bracket. Finally, around 12.5% are 65 or older.

Median age
36.9
Age breakdown
Under 15
12.1%
15 to 24
6.7%
25 to 44
43.4%
45 to 64
25.3%
Over 65
12.5%
Value Percent YoY change
Under 15 90 12.1% 5.9%
15 to 24 50 6.7% -5.7%
25 to 44 324 43.4% 0.0%
45 to 64 189 25.3% 6.2%
Over 65 93 12.5% -2.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Malvern Gardens, 93.4% of the population are US-born citizens, while 5.2% have gained naturalized citizenship. At the same time, 1.3% of residents are non-citizens. As for race, 86.1% of locals are Caucasian, 4.7% are African American and 1.1% have Asian roots. Another 0.4% are Indigenous American, 0.3% are Pacific Islanders, while 1.6% identify as another race. There’s also a share of 5.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
93.4%
Non-U.S.-born citizens
5.2%
Non-citizens
1.3%
Value Percent YoY change
U.S.-born citizens 697 93.4% 2.4%
Non-U.S.-born citizens 39 5.2% -7.1%
Non-citizens 10 1.3% 0.0%
Racial breakdown
White
86.1%
Black or African American
4.7%
American Indian and Alaska Native
0.4%
Asian
1.1%
Native Hawaiian and other Pacific Islander
0.3%
Two or more races
5.9%
Other
1.6%
Value Percent
White 642 86.1%
Black or African American 35 4.7%
American Indian and Alaska Native 3 0.4%
Asian 8 1.1%
Native Hawaiian and other Pacific Islander 2 0.3%
Two or more races 44 5.9%
Other 12 1.6%

Households in Malvern Gardens

A peek inside Malvern Gardens households

Malvern Gardens has 396 households, with an average of 2 members in each. Of these, 40.7% are families, while the remaining 59.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
396
3.1% year-over-year change
Average people per household
2
Non-family households
235
Family households
161
Value Percent YoY change
Non-family households 235 59.3% 2.2%
Family households 161 40.7% 4.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Malvern Gardens

The housing landscape of Malvern Gardens

Malvern Gardens's housing consists of 416 units, with 38.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 10.1% and offer a more compact, shared living style.

Housing units
416
3.5% year-over-year change
Housing types
Value Percent
1 unit, detached 159 38.2%
1 unit, attached 42 10.1%
2 units 43 10.3%
3 or 4 units 46 11.1%
5 to 9 units 56 13.5%
10 to 19 units 54 13%
20 to 49 units 10 2.4%
50 or more units 6 1.4%
Homes built since 2020
0
% year-over-year change

The age of buildings in Malvern Gardens

In Malvern Gardens, the median construction year is 1943. About 45.3% of homes were built before the 1940s, with another 18.6% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 188 45.3% -3.6%
Built between 1940 and 1949 77 18.6% 10.0%
Built between 1950 and 1959 57 13.7% 9.6%
Built between 1960 and 1969 37 8.9% 12.1%
Built between 1970 and 1979 24 5.8% 20.0%
Built between 1980 and 1989 16 3.9% 23.1%
Built between 1990 and 1999 6 1.4% -14.3%
Built between 2000 and 2009 2 0.5% -33.3%
Built between 2010 and 2019 8 1.9% -27.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Malvern Gardens occupancy rates

Out of the 396 occupied housing units in Malvern Gardens, 52% are owner-occupied, while 48.2% are lived in by tenants. Meanwhile, 4.8% of all homes on the local market sit vacant.

Occupied housing units
396
3.1% year-over-year change
Occupancy breakdown
Renter occupied
191
Owner occupied
206
Value Percent YoY
change
Renter occupied 191 48.2% 0.5%
Owner occupied 206 52% 6.2%
Unoccupied housing units
4.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Malvern Gardens housing costs

Housing costs in Malvern Gardens come to a median of $1,669 per month, while tenants specifically pay a median gross rent of $1,518.

Median housing costs per month
$1,669/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Malvern Gardens
$1,518/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Malvern Gardens

Malvern Gardens education at a glance

About 7% of the population in Malvern Gardens went to high school, while 10.7% pursued college studies. Another 4.6% earned an associate degree and 44.2% hold a bachelor’s. Meanwhile, 33% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 3 0.5% -40.0%
High school diploma 45 7% -10.0%
College diploma 69 10.7% -13.8%
Associate degree 30 4.6% 7.1%
Bachelor's degree 285 44.2% 5.2%
Graduate degree 213 33% 3.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Malvern Gardens

How much people earn in Malvern Gardens

The average annual household income in Malvern Gardens was $145,906 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.9% change from the previous year. At the same time, the median income stood at $99,816, reflecting a +2.9% shift over the same period.

Average household income in Malvern Gardens
$145,906/year
1.9% year-over-year change
Median household income in Malvern Gardens
$99,816/year
2.9% year-over-year change

Malvern Gardens income by age

In Malvern Gardens, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $93,689. Those with someone between 45 and 64 in charge, often well established professionally, earn $126,333 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $60,909, while those led by someone over 65, many of whom may be retired, have about $90,938 in earnings. Overall, 93.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $60,909 0.1%
25 - 44 $93,689 2.9%
45 - 64 $126,333 -12.7%
Over 65 $90,938 18.4%
Above poverty level
691
Below poverty level
47
Value Percent YoY
change
Above poverty level 691 93.6% 1.8%
Below poverty level 47 6.4% 0.0%

Employment in Malvern Gardens

Workforce and job types in Malvern Gardens

94.8% of the working population are employed in professional or administrative positions, while 5.2% are in hands-on or service-based jobs. Also, 9.3% run their own businesses, 61% are employed by private companies, and 16.7% work in the public sector.

Workforce demographics

White collar
471
Blue collar
26
Value Percent YoY change
White collar 471 94.8% 2.4%
Blue collar 26 5.2% -7.1%
Employer type
Self employees
9.3%
Private companies
61%
Governmental workers
16.7%
Not for profit companies
13.1%
Value Percent YoY change
Self employees 46 9.3% 12.2%
Private companies 303 61% -0.7%
Governmental workers 83 16.7% 3.8%
Not for profit companies 65 13.1% 4.8%

Transportation in Malvern Gardens

How people get around in Malvern Gardens

Commuting methods vary: 92.7% of residents travel by personal vehicle and 4.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 316 92.7% -0.3%
Taxicab 1 0.3% 0.0%
Bus or trolleybus 6 1.8% -33.3%
Motorcycle 1 0.3% -50.0%
Bicycle 3 0.9% -50.0%
Walk 14 4.1% 7.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Malvern Gardens by zipcode?

Zipcode Population Number of households Median income Average income
23221 14,402 7,656 $99,816 $160,711

Explore more communities

FAQs about Malvern Gardens demographics 

What is the total population of Malvern Gardens?

Malvern Gardens has a total population of 745 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.5% compared to a year ago.

What is the gender ratio in Malvern Gardens?

The gender ratio in Malvern Gardens is as follows:
  • 49% males (365 residents)
  • 51.1% females (381 residents)

What is the median age in Malvern Gardens?

The median age in Malvern Gardens is 36.9.

What is the age distribution of the population in Malvern Gardens?

The age distribution in Malvern Gardens is as follows:
  • Under 15: 12.1% (90 residents)
  • Ages 15-24: 6.7% (50 residents)
  • Ages 25-44: 43.4% (324 residents)
  • Ages 45-64: 25.3% (189 residents)
  • Over 65: 12.5% (93 residents)

What is the racial and ethnic makeup of Malvern Gardens?

The racial and ethnic makeup of Malvern Gardens is as follows:
  • White: 86.1% (642 residents)
  • Black or African American: 4.7% (35 residents)
  • American Indian and Alaska Native: 0.4% (3 residents)
  • Asian: 1.1% (8 residents)
  • Native Hawaiian and Other Pacific Islander: 0.3% (2 residents)
  • Two or More Races: 5.9% (44 residents)
  • Other: 1.6% (12 residents)

What percentage of the population in Malvern Gardens are U.S.-born citizens?

U.S.-born citizens represent 93.4% of the population in Malvern Gardens.

How many housing units are there in Malvern Gardens?

There are 416 housing units in Malvern Gardens, reflecting a +3.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Malvern Gardens and what is the average household size?

Malvern Gardens has a total of 396 households, with an average of 2 people in each.

What is the median household income in Malvern Gardens?

Malvern Gardens has a median household income of $99,816, representing a +2.9% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Malvern Gardens?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 94.8% (471 residents)
  • Blue-collar workers: 5.2% (26 residents)

Places of employment:
  • Self-employed: 9.3% (46 residents)
  • Private companies: 61% (303 residents)
  • Governmental workers: 16.7% (83 residents)
  • Not-for-profit companies: 13.1% (65 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025