Last updated: 2024 BLS data · Page refreshed:
Malvern has a population of 10,953 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,953 |
| Median Age | 39.4 |
| White | 62.1% |
| Black or African American | 30.2% |
| Hispanic or Latino | 2.9% |
| Other / Two or More Races | 4.8% |
The median household income in Malvern is $46,250, which is 42.6% below the national median of $80,610. The per capita income is $17,517. The poverty rate is 20.2%.
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In Malvern, 84.5% of residents age 25+ have a high school diploma or higher, and 12.9% hold a bachelor's degree or higher (5.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.5% |
| Bachelor's Degree or Higher | 12.9% |
| Graduate or Professional Degree | 5.2% |
The median home value in Malvern is $104,500, below the national median of $303,400. The median monthly rent is $764. The homeownership rate is 50.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $104,500 |
| Median Monthly Rent | $764 |
| Homeownership Rate | 50.2% |
| Vacancy Rate | 15.4% |
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