Malverne is a somewhat small village located in the state of New York. With a population of 8,441 people and two associated neighborhoods, Malverne is the 207th largest community in New York. Malverne has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
Malverne home prices are not only among the most expensive in New York, but Malverne real estate also consistently ranks among the most expensive in America.
Of important note, Malverne is also a village of artists. Malverne has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Malverne’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.66% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Malverne is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Malverne is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Malverne really has some of the features that families look for when choosing a good community to raise children. Is Malverne perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Malverne, however, is that residents on average have to contend with a long commute, spending on average 34.93 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Malverne, a lot of people use the train to get to work every day though Malverne is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you like to read, write and learn? If you move to Malverne, you'll likely find that many of your neighbors like to as well. Malverne is one of the more educated communities in America, with a full 61.45% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Malverne in 2022 was $70,533, which is wealthy relative to New York and the nation. This equates to an annual income of $282,132 for a family of four.
Malverne is a very ethnically-diverse village. The people who call Malverne home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malverne residents report their race to be White, followed by Black or African-American. Malverne also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.10% of the village’s residents. Important ancestries of people in Malverne include Italian, Irish, German, Greek, and Polish.
The most common language spoken in Malverne is English. Other important languages spoken here include Spanish and French.