Malvern is a very small borough located in the state of Pennsylvania. With a population of 3,416 people and seven constituent 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 10.21% 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Even though Malvern is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Malvern. 65.86% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Malvern in 2018 was $72,027, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $288,108 for a family of four.
Malvern is a somewhat 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, English, German, and Scots-Irish.
The most common language spoken in Malvern is English. Other important languages spoken here include Chinese and Spanish.