Malvern is a very small borough located in the state of Pennsylvania. With a population of 3,419 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.
Malvern is a decidedly white-collar borough, with fully 92.88% of the workforce employed in white-collar jobs, well above the national average. Overall, Malvern is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Malvern who work in management occupations (18.05%), office and administrative support (14.98%), and sales jobs (10.98%).
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.
Telecommuters are a relatively large percentage of the workforce: 10.00% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
If knowledge is power, Malvern is a pretty powerful place. 66.64% of the adults in Malvern have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Malvern in 2018 was $68,616, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $274,464 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, German, English, and Polish.
The most common language spoken in Malvern is English. Other important languages spoken here include Chinese and Japanese.