Malverne is a somewhat small village located in the state of New York. With a population of 8,570 people and two constituent neighborhoods, Malverne is the 209th largest community in New York.
Malverne home prices are not only among the most expensive in New York, but Malverne real estate also consistently ranks among the most expensive in America.
Malverne is a decidedly white-collar village, with fully 85.95% of the workforce employed in white-collar jobs, well above the national average. Overall, Malverne is a village of professionals, sales and office workers and managers. There are especially a lot of people living in Malverne who work in teaching (14.41%), management occupations (12.42%) and office and administrative support (10.54%).
Of important note, Malverne is also a village of artists. Malverne has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Malverne’s character.
In addition, Malverne 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.
Because of many things, Malverne is a great place for families with children to consider. First of all, many other families with children live here, making Malverne a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Malverne has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Malverne’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Malverne, however, is that residents on average have to contend with a long commute, spending on average 34.49 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Malverne, a lot of people use the train to get to work every day though Malverne is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Malverne is one of the most well-educated cities in the nation. 48.72% of adults in Malverne have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Malverne in 2010 was $48,289, which is wealthy relative to New York and the nation. This equates to an annual income of $193,156 for a family of four.
The people who call Malverne home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malverne residents report their race to be White, followed by Asian. Important ancestries of people in Malverne include Italian, Irish, German, Polish, English and Greek.
The most common language spoken in Malverne is English. Some people also speak Italian.
|NUMBER OF HOMES AND APARTMENTS||3,157|
|MALVERNE HOME OWNERSHIP|
|% OWNER OCCUPIED||92.53%|
|% RENTER OCCUPIED||7.47%|
|TYPE OF MALVERNE HOMES|
|SINGLE FAMILY DETACHED||92.14%|
|ROWHOUSES AND ATTACHED HOMES||0.00%|
|SMALL APARTMENT BUILDINGS||3.04%|
|COMPLEXES OR HIGH RISE APARTMENTS||4.57%|
|SIZE OF MALVERNE HOMES|
|5 OR MORE BEDROOMS||4.97%|
|AGE OF MALVERNE HOMES|
|NEWER HOMES (2000 OR LATER)||2.21%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||4.63%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||50.82%|
|HISTORIC (1939 OR BEFORE)||42.34%|
|MALVERNE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$478,121|
|MEDIAN RENTAL PRICE||$1,661|
|HOME VALUE RANGE|
|$0 - $54,000||2.05%|
|$54,001 - $107,000||0.27%|
|$107,001 - $214,000||0.82%|
|$214,001 - $321,000||2.67%|
|$321,001 - $428,000||25.32%|
|$428,001 - $535,000||48.14%|
|$535,001 - $803,000||20.53%|
|$803,001 - $1,070,000||0.00%|
|PEOPLE OF MALVERNE||DETAILS|
|UNDER 5 YEARS||5.58%|
|5 TO 17||14.14%|
|18 TO 24||5.44%|
|25 TO 34||10.97%|
|35 TO 54||26.65%|
|55 TO 64||19.63%|
|65 YEARS AND OVER||17.59%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.93%|
|MEDIAN HOUSEHOLD INCOME||$114,497|
|PER CAPITA INCOME||$48,289|
|INDIVIDUALS BELOW POVERTY LEVEL||1.10%|
|INDUSTRIES PEOPLE WORK IN||Education (18.12%)
Professional, scientific, and technical services (8.51%)
Information Technology (6.02%)
Public Service (4.75%)
Real estate (2.51%)
|BLACK OR AFRICAN AMERICAN||2.36%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.92%|
|TWO OR MORE RACES||0.64%|
|HISPANIC OR LATINO (OF ANY RACE)||3.99%|
|ETHNICITIES PRESENT||Italian (34.62%)
|LANGUAGES SPOKEN||English (87.10%)
Indic languages (1.72%)
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