Malvern is a very small borough located in the state of Pennsylvania. With a population of 3,454 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.Malvern is a decidedly white-collar borough, with fully 91.38% of the workforce employed in white-collar jobs, well above the national average. Overall, Malvern is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Malvern who work in management occupations (17.96%), computer science and math (15.15%), and business and financial occupations (10.41%). 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. Of important note, Malvern is also a borough of artists. Malvern has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Malvern’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.72% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. Malvern’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live. 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. 69.47% 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 2022 was $79,770, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $319,080 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 Polish. The most common language spoken in Malvern is English. Other important languages spoken here include Japanese and Spanish.
