Malvern is a very small borough located in the state of Pennsylvania. With a population of 3,424 people and seven associated neighborhoods, Malvern is the 444th largest community in Pennsylvania.
Malvern home prices are not only among the most expensive in Pennsylvania, but Malvern real estate also consistently ranks among the most expensive in America.
Also of interest is that Malvern has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Malvern telecommute to their jobs. Overall, about 19.89% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Malvern is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Despite being a small borough, Malvern has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
If knowledge is power, Malvern is a pretty powerful place. 67.08% of the adults in Malvern have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Malvern in 2022 was $78,581, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $314,324 for a family of four.
Malvern is a very ethnically-diverse borough. The people who call Malvern home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malvern residents report their race to be White, followed by Asian. Important ancestries of people in Malvern include Irish, Italian, German, English, and Polish.
The most common language spoken in Malvern is English. Other important languages spoken here include Spanish and Arabic.