At a Glance
Median Income
$146,585
$68,238 per capita
Home Value
$637,300
Zillow: $819,260
Median Rent
$1,861/mo
37.0% of income on rent
Bachelor's Degree+
55.8%
96.0% high school+
Unemployment
1.9%
5.2% poverty rate
Obesity Rate
27.8%
8.2% smoking rate
How Malverne Compares to the U.S. Average
Each bar shows Malverne's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Malverne a Good Place to Live?
A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Malverne residents earn a median household income of $146,585 , which is 95% above the national average of $75,149.
Per capita income is $68,238. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 5.2% of residents live below the poverty line. The area is home to 56,397 business establishments, including 3,828 restaurants.
Housing & Cost of Living
The median home value in Malverne is $637,300 , 126% above the national median of $281,900.
Zillow estimates the typical home at $819,260. Median rent is $1,861/month, with 37.0% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1940.
Education
55.8% of adults in Malverne hold a bachelor's degree or higher
(66% above the national average).
96.0% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Malverne has an average annual temperature of 54°F (12°C).
Winters average 33°F in January while summers reach 76°F in July. Annual precipitation totals 43.3 inches. Air quality is rated Good with a median AQI of 31.
Data Overview
People
Population8,496
Median Age45.6 yrs
Density8,015/mi²
Male / Female50% / 50%
Foreign Born13.7%
Veterans2.9%
Economy
A+
Median Income$146,585
Per Capita$68,238
Unemployment1.9%
Poverty5.2%
County GDP$130,222M
Avg Weekly Wage$1,489
Housing
A
Home Value$637,300
Rent$1,861
Ownership94.8%
Zillow$819,260
Housing Units3,131
Rent Burden37.0%
Health
Obesity27.8%
Diabetes7.2%
Smoking8.2%
Heart Disease4.1%
Premature Death4,800/100K
Climate
Avg Temp54°F
Rain43.3 in/yr
AQI31 (Good)
Elevation28 ft
Education
A+
Bachelor's+55.8%
High School+96.0%
Graduate+27.1%
School Score6.7/10
Community
2024 VoteR 52% / D 48%
Commute35 min
Broadband96.1%
Internet Speed177 Mbps
EV Stations1
Libraries63
Did You Know?
Malverne was founded in 1921.
The median home in Malverne was built in 1940.
16.8% work from home.
The nearest airport is John F Kennedy International (6 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.0% of the population has a disability.
13.7% of residents are foreign-born.
Average internet download speed is 177 Mbps.
There are 3,828 restaurants in the area.
The county recorded 76 fatal vehicle crashes.