Last updated: 2024 BLS data · Page refreshed:
Malvern has a population of 1,502 with a median age of 40.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,502 |
| Median Age | 40.4 |
| White | 89.1% |
| Black or African American | 7.8% |
| Hispanic or Latino | 0.3% |
| Other / Two or More Races | 2.8% |
The median household income in Malvern is $30,630, which is 62.0% below the national median of $80,610. The per capita income is $20,292. The poverty rate is 26.6%.
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In Malvern, 88.6% of residents age 25+ have a high school diploma or higher, and 11.1% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.6% |
| Bachelor's Degree or Higher | 11.1% |
| Graduate or Professional Degree | 3.9% |
The median home value in Malvern is $129,200, below the national median of $303,400. The median monthly rent is $528. The homeownership rate is 37.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $129,200 |
| Median Monthly Rent | $528 |
| Homeownership Rate | 37.5% |
| Vacancy Rate | 4.0% |
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