Malvern is located in southeast Pennsylvania. Malvern is part of Chester County. Malvern has 1.26 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Malvern population is 3,179, which has grown 3.92% since 2000. The population growth rate is about the same as the state average rate of 3.89% and is much lower than the national average rate of 11.61%. Malvern median household income is $71,047 in 2010-2014 and has grown by 14.03% since 2000. The income growth rate is much lower than the state average rate of 32.44% and is much lower than the national average rate of 27.36%. Malvern median house value is $348,200 in 2010-2014 and has grown by 85.41% since 2000. The house value growth rate is higher than the state average rate of 70.00% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Malvern is much better than the state average in quality. The Malvern area code is 610.