In addition, Malverne is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Malverne is a great place for families with children to consider. First of all, many other families with children live here, making Malverne a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Malverne has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Malverne’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
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.
Despite being a small village, Malverne has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
If knowledge is power, Malverne is a pretty powerful place. 61.45% of the adults in Malverne have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
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.
