Malvern, PA
Population 3,427 · Pennsylvania
About Malvern, PA
Malvern is a small community in Pennsylvania with a population of 3,427 residents. The median household income is $106,638 per year, which is above the national average. The median age in Malvern is 48.9 years.
Housing in Malvern has a median home value of $460,400 and median monthly rent of $1,886. Of the 1,752 total housing units, the majority are owner-occupied, with 894 owner-occupied and 768 renter-occupied units.
The unemployment rate in Malvern is 9.1% and the poverty rate is 5.8%. 67.1% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Malvern, PA
Compared to national averages, Malvern has a median household income of $106,638 (42% above the national median of $75,149). Home values average $460,400, which is 88% above the national median. Monthly rent at $1,886 is 62% above the US average of $1,163. Within Pennsylvania, Malvern's income is 45% above the state average of $73,376, and home values are 141% above the state median of $190,903.
Why Live in Malvern, PA?
Malvern offers a strong local economy with a median household income of $106,638, well above the national average, and a well-educated community where 67.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 24.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $460,400. However, Malvern’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malvern has a population of 3,427 with a median age of 48.9 years. Compare Malvern with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Malvern
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Loyalhanna | 3,425 | $68,611 | $162,600 | Compare |
| Coplay | 3,423 | $67,768 | $199,000 | Compare |
| North Wales | 3,421 | $115,833 | $385,400 | Compare |
| Slippery Rock | 3,434 | $55,272 | $230,200 | Compare |
| Reamstown | 3,445 | $85,952 | $289,400 | Compare |
| Rochester | 3,445 | $40,710 | $109,300 | Compare |
| Wellsboro | 3,445 | $64,297 | $195,400 | Compare |
| Mifflinburg | 3,464 | $65,643 | $182,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Malvern With Other Cities
Frequently Asked Questions about Malvern
What is the population of Malvern, PA?
The population of Malvern, PA is 3,427 according to the latest Census data.
What is the median household income in Malvern?
The median household income in Malvern, PA is $106,638 per year.
What is the median home value in Malvern?
The median home value in Malvern, PA is $460,400.
What is the average rent in Malvern?
The median monthly rent in Malvern, PA is $1,886.
What is the unemployment rate in Malvern?
The unemployment rate in Malvern, PA is 9.1%.