Last updated: 2024 BLS data · Page refreshed:
Malvern has a population of 3,435 with a median age of 46.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,435 |
| Median Age | 46.4 |
| White | 86.1% |
| Black or African American | 1.6% |
| Asian | 8.4% |
| Hispanic or Latino | 4.3% |
The median household income in Malvern is $117,548, which is 45.8% above the national median of $80,610. The per capita income is $79,770. The poverty rate is 4.5%.
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In Malvern, 98.9% of residents age 25+ have a high school diploma or higher, and 69.5% hold a bachelor's degree or higher (27.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.9% |
| Bachelor's Degree or Higher | 69.5% |
| Graduate or Professional Degree | 27.9% |
The median home value in Malvern is $521,800, above the national median of $303,400. The median monthly rent is $2,169. The homeownership rate is 55.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $521,800 |
| Median Monthly Rent | $2,169 |
| Homeownership Rate | 55.5% |
| Vacancy Rate | 7.2% |
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