Last updated: 2024 BLS data · Page refreshed:
Malvern has a population of 1,323 with a median age of 42.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,323 |
| Median Age | 42.4 |
| White | 97.6% |
| Black or African American | 0.1% |
| Asian | 0.6% |
| Hispanic or Latino | 1.4% |
The median household income in Malvern is $84,223, which is 4.5% above the national median of $80,610. The per capita income is $48,373. The poverty rate is 6.5%.
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In Malvern, 93.0% of residents age 25+ have a high school diploma or higher, and 25.5% hold a bachelor's degree or higher (4.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.0% |
| Bachelor's Degree or Higher | 25.5% |
| Graduate or Professional Degree | 4.9% |
The median home value in Malvern is $174,700, below the national median of $303,400. The median monthly rent is $839. The homeownership rate is 83.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $174,700 |
| Median Monthly Rent | $839 |
| Homeownership Rate | 83.5% |
| Vacancy Rate | 14.8% |
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