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Malvern, PA

Full City Profile · Pennsylvania · Montgomery County County

3.6 /5.0
B+ Good
3,427 Population 2,720/sq mi density
$106,638 Median Income $78,581 per capita
$460,400 Home Value $772,155 Zillow
$1,886 Median Rent 26.3% income on rent
53°F Avg Temperature 271 sunny days/yr
57 Violent Crime/100K 428 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$106,638 median income, 6.5% unemployment
A
Affordability
4.2 / 5.0
$460,400 home value, $1,886/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
A+
Education
5.0 / 5.0
67.1% bachelor's degree or higher

Income Overview

Median Household Income
$106,638
42% above
US avg: $75,149
Per Capita Income
$78,581
101% above
US avg: $39,052
Unemployment Rate
6.5%
81% above
US avg: 3.6%
Poverty Rate
2.6%
79% below
US avg: 12.4%

Income Comparison: Malvern vs. U.S. Average

Each bar shows Malvern’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$106,638
142%
Per Capita
US: $39,052
$78,581
201%
IRS Avg AGI
US: $72,000
$137,618
191%
Avg Weekly Wage
US: $1,432
$1,700
119%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,700
19% above US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
19.9%
31% above US avg (15.2%)
Drive Alone
70.6%
4% below US avg (73.2%)
Public Transit
4.0%
19% below US avg (5.0%)
County GDP
$110,422M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 70.6%
Public Transit 4%
Work From Home 19.9%
Other 5.5%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
28,922
Restaurants
2,054
Healthcare
3,385
Retail
2,943
Manufacturing
896

Tax & Financial

IRS Avg Adjusted Gross Income
$137,618
91% above US avg ($72,000)
Avg Property Tax
$9,910
183% above US avg ($3,500)
Cost of Living Index
97.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$106,638
Per Capita Income$78,581
IRS Avg Adjusted Gross Income$137,618
Avg Weekly Wage$1,700
County GDP$110,422M

Hardship Indicators

Unemployment Rate6.5%
Poverty Rate2.6%
Gini Coefficient0.469
Cost of Living Index97.6

Commute

Mean Commute24 minutes
Drive Alone70.6%
Public Transit4.0%
Work From Home19.9%

Businesses

Total Establishments28,922
Restaurants2,054
Healthcare3,385
Retail2,943
Manufacturing896

Tax

IRS Avg AGI$137,618
Avg Property Tax$9,910