At a Glance
Median Income
$28,327
$19,626 per capita
Home Value
$117,800
Zillow: $286,487
Median Rent
$573/mo
28.9% of income on rent
Bachelor's Degree+
12.0%
86.6% high school+
Unemployment
1.1%
33.0% poverty rate
Obesity Rate
39.4%
19.1% smoking rate
How Malvern Compares to the U.S. Average
Each bar shows Malvern's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Malvern a Good Place to Live?
C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Malvern residents earn a median household income of $28,327 , which is 62% below the national average of $75,149.
Per capita income is $19,626. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 33.0% of residents live below the poverty line. The area is home to 556 business establishments, including 41 restaurants.
Housing & Cost of Living
The median home value in Malvern is $117,800 , 58% below the national median of $281,900.
Zillow estimates the typical home at $286,487. Median rent is $573/month, with 28.9% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1953.
Education
12.0% of adults in Malvern hold a bachelor's degree or higher
(64% below the national average).
86.6% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Malvern has an average annual temperature of 52°F (11°C).
Winters average 29°F in January while summers reach 73°F in July. Annual precipitation totals 42.9 inches.
Data Overview
People
Population1,687
Median Age40.3 yrs
Density2,311/mi²
Male / Female45% / 56%
Foreign Born0.4%
Veterans8.6%
Economy
C
Median Income$28,327
Per Capita$19,626
Unemployment1.1%
Poverty33.0%
County GDP$1,823M
Avg Weekly Wage$934
Housing
A
Home Value$117,800
Rent$573
Ownership38.0%
Zillow$286,487
Housing Units768
Rent Burden28.9%
Health
Obesity39.4%
Diabetes11.4%
Smoking19.1%
Heart Disease6.3%
Premature Death9,631/100K
Climate
Avg Temp52°F
Rain42.9 in/yr
Elevation999 ft
Education
D
Bachelor's+12.0%
High School+86.6%
Graduate+3.4%
School Score5.7/10
Community
2024 VoteR 77% / D 22%
Commute39 min
Broadband70.1%
Internet Speed79 Mbps
EV Stations2
Libraries3
Did You Know?
The median home in Malvern was built in 1953.
The nearest airport is Akron-Canton Regional (21 miles).
The Gini coefficient (income inequality) is 0.438 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
25.7% of the population has a disability.
The county recorded 5 fatal vehicle crashes.