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Malvern borough, Pennsylvania Demographics & Population 2026

As of 2026, Malvern borough, Pennsylvania has a total population of 3,427, the 417th largest city in Pennsylvania, with a median household income of $106,638, which is 40% higher than the state average. The poverty rate is 5.8%.

Key Takeaways

Malvern borough Quick Facts

Population 3,427
Median Household Income $106,638
Median Home Value $460,400
Poverty Rate 5.8%
Unemployment Rate 9.1%
Median Age 48.9 years
Homeownership Rate 53.8%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 67.1%
High School Graduation Rate 99.1%
Diversity Index 35/100
Population 3,427 417th of 1,993
Median Income $106,638 top 20%
Poverty Rate 5.8% 53% lower national
Median Home Value $460,400 top 10%

How Malvern borough Compares

Economy & Housing

Employment

9.1% Unemployment Rate State: 5.3% | National: 5.2%
72.0% Labor Force Participation

Housing Overview

Owner 53.8%
Renter 46.2%
Affordability Index Moderate
4.3x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 43 | National average: 60

Education

Malvern borough Rankings in Pennsylvania

#417 Population of 1,993
#208 Median Income of 1,993
#66 Education of 1,993
#58 Home Value of 1,993

Other Cities in Chester County

CityPopulationMedian IncomePovertyHome Value
West Chester borough 19,235 $81,492 18.3% $481,300
Phoenixville borough 19,062 $94,411 8.4% $348,200
Coatesville city 13,323 $57,323 20.4% $160,500
Downingtown borough 8,163 $82,292 7.0% $322,500
Kennett Square borough 6,096 $74,259 4.5% $347,700
Parkesburg borough 3,894 $84,952 15.2% $280,000
Spring City borough 3,551 $73,323 15.2% $253,400
West Grove borough 2,791 $79,577 14.8% $291,900
Honey Brook borough 2,089 $95,694 2.3% $255,300
South Coatesville borough 1,843 $72,976 17.4% $253,900

Cities Similar to Malvern borough

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Village Shires CDP3,360$111,218$512,00049.5%0.8%
North Wales borough3,421$115,833$385,40041.1%6.9%
Brownstown CDP3,482$100,094$294,60030.2%0.8%
Southpointe CDP3,277$112,722$546,70071.4%6.5%
Riverview Park CDP3,647$111,000$248,10039.7%2.5%

Population Overview

Malvern borough is a small community located in Pennsylvania, within Chester County. The total population is 3,427. It ranks as the 417th most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Malvern borough is 48.9 years. This is 20% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Malvern borough is $106,638. This is 40% higher than the state median of $76,081. Compared to the national median of $78,538, household income here is 36% higher. The poverty rate stands at 5.8%. This is 51% lower than the state poverty rate of 11.8%. The unemployment rate is 9.1%. This is 73% higher than the state rate of 5.3%. The median home value is $460,400. Housing costs are 91% higher than the state median of $240,500. The home-value-to-income ratio is 4.3x. 53.8% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 69.3%.

Race & Ethnicity

The largest racial or ethnic group in Malvern borough is White (non-Hispanic), making up 79.5% of the population. Asian residents account for 10.8%. The Black or African American population (1.6%) is well below the state average of 10.3%. The Asian population is significantly higher than the state average (10.8% vs 3.7%).

Education

67.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Malvern borough in the top 10% of all cities in the state for educational attainment. This is 94% higher than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 26.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Malvern borough, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Malvern borough, Pennsylvania?

Malvern borough, Pennsylvania has a population of 3,427 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Malvern borough, PA?

The median household income in Malvern borough is $106,638, which is 36% higher the national median of $78,538.

What is the poverty rate in Malvern borough, PA?

The poverty rate in Malvern borough is 5.8%. This means approximately 199 residents live below the federal poverty line.

What is the racial makeup of Malvern borough, Pennsylvania?

Malvern borough's population is 79.5% White, 1.6% Black, 6.9% Hispanic/Latino, and 10.8% Asian.

What is the median home value in Malvern borough, PA?

The median home value in Malvern borough is $460,400. The home-value-to-income ratio is 4.3x.

How educated is Malvern borough, Pennsylvania?

67.1% of adults (25+) in Malvern borough hold a bachelor's degree or higher, and 26.7% hold a graduate or professional degree.