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
- Household income is 40% above the state average — one of the wealthiest communities in Pennsylvania.
- 67.1% of adults hold a bachelor's degree or higher — top 10% in Pennsylvania.
- Unemployment rate of 9.1% is notably above the national average.
Malvern borough Quick Facts
How Malvern borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 43 | National average: 60
Education
Educational Attainment (Adults 25+)
Malvern borough Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Chester County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Village Shires CDP | 3,360 | $111,218 | $512,000 | 49.5% | 0.8% |
| North Wales borough | 3,421 | $115,833 | $385,400 | 41.1% | 6.9% |
| Brownstown CDP | 3,482 | $100,094 | $294,600 | 30.2% | 0.8% |
| Southpointe CDP | 3,277 | $112,722 | $546,700 | 71.4% | 6.5% |
| Riverview Park CDP | 3,647 | $111,000 | $248,100 | 39.7% | 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.