Malverne, NY
Population 8,496 · New York
About Malverne, NY
Malverne is a small community in New York with a population of 8,496 residents. The median household income is $146,585 per year, which is above the national average. The median age in Malverne is 45.6 years.
Housing in Malverne has a median home value of $637,300 and median monthly rent of $1,861. Of the 3,247 total housing units, the majority are owner-occupied, with 2,883 owner-occupied and 157 renter-occupied units.
The unemployment rate in Malverne is 1.9% and the poverty rate is 5.7%. 55.8% of residents hold a bachelor's degree or higher. The average commute time is 35.1 minutes.
Cost of Living in Malverne, NY
Compared to national averages, Malverne has a median household income of $146,585 (95% above the national median of $75,149). Home values average $637,300, which is 160% above the national median. Monthly rent at $1,861 is 60% above the US average of $1,163. Within New York, Malverne's income is 51% above the state average of $96,987, and home values are 65% above the state median of $387,181.
Why Live in Malverne, NY?
Malverne offers a strong local economy with a median household income of $146,585, well above the national average, and a strong job market with an unemployment rate of just 1.9%, and a well-educated community where 55.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $637,300. However, Malverne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malverne has a population of 8,496 with a median age of 45.6 years. Compare Malverne with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Malverne
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Potsdam | 8,507 | $32,061 | $144,200 | Compare |
| Farmingdale | 8,450 | $134,037 | $530,100 | Compare |
| Hastings-on-Hudson | 8,449 | $181,528 | $872,500 | Compare |
| New Windsor | 8,427 | $85,755 | $324,300 | Compare |
| Wading River | 8,393 | $132,213 | $486,600 | Compare |
| South Lockport | 8,660 | $54,051 | $143,800 | Compare |
| Port Jervis | 8,709 | $50,721 | $220,700 | Compare |
| Croton-on-Hudson | 8,205 | $185,718 | $702,600 | Compare |
Demographics
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Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Malverne
What is the population of Malverne, NY?
The population of Malverne, NY is 8,496 according to the latest Census data.
What is the median household income in Malverne?
The median household income in Malverne, NY is $146,585 per year.
What is the median home value in Malverne?
The median home value in Malverne, NY is $637,300.
What is the average rent in Malverne?
The median monthly rent in Malverne, NY is $1,861.
What is the unemployment rate in Malverne?
The unemployment rate in Malverne, NY is 1.9%.