1015 movers in Malvern
What to know when moving to Malvern, PA
Malvern at a Glance
- The Vibe:
- A well-educated area where 73.3% of residents hold a bachelor's degree.
- The Major Draw:
- Median household income is $162,917, providing financial stability.
- The Reality Check:
- Median gross rent is $1,960, which may be high for some budgets.
- Commute:
- Only 3.6% of residents use public transit.
- Top Tip:
- Budget for a median home value of $662,200 if considering homeownership.
The 'Vibe' Check: Who Thrives Here?
Malvern is characterized by a highly educated population, with 73.3% of residents holding a bachelor's degree. The community has a relatively low poverty rate of just 4.3%, indicating economic stability. The area has a lower renter percentage at 28.1%, suggesting many residents may own their homes.
Probably not your spot if you are looking for affordable housing, as the median gross rent stands at $1,960.
Your Money: Housing & Cost Snapshot
- Median gross rent is $1,960, which may strain budgets for renters.
- Median home value is $662,200, indicating a higher barrier for homeownership.
- Poverty rate is low at 4.3%, reflecting a generally stable economic environment.
- Renter percentage is 28.1%, showing a strong inclination towards homeownership in the area.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
Pennsylvania's crime rates reflect a decline in both property and violent crimes over the past few years.
- Violent crime rate is 228.5 per 100,000, which is 29.8% lower than the national rate of 325.3.
- Property crime rate is 1,363.9 per 100,000, down 15.4% since 2022 and 11.8% lower than the national average.
- Burglary rate is 107.4 per 100,000, significantly lower than the national rate of 193.6.
- Homicide rate is 4.2 per 100,000, nearly matching the national average of 4.3.
Source: FBI Crime Data Explorer (state-level summarized data for Pennsylvania).
Schools & Higher Ed
Malvern has access to a range of educational institutions in the nearby area, offering various learning opportunities.
- Total postsecondary institutions: 26
- Institutions with College Scorecard data: 24
- Nearby notable institutions include Pennsylvania State University-Penn State Great Valley and Immaculata University.
Source: ArcGIS Postsecondary School Locations, NCES College Scorecard.
Weather & Getting Outside
Malvern is close to several outdoor spots perfect for enjoying the natural surroundings.
- Valley Forge National Historical Park - 4.8 stars from 8,642 reviews
- Elmwood Park Zoo - 4.5 stars from 6,279 reviews
- Ridley Creek State Park - 4.7 stars from 3,393 reviews
- Wilson Farm Park - 4.7 stars from 1,158 reviews
Source: Google Places API (New).
