Malverne 89 Exceptional
Malverne Livability #4 ranked city in New York#103 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Malverne

PROS
  • Amenities

    Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.

  • Commute

    High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

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What's it like Living in Malverne?

Malverne, New York is a small-sized city with a population of 8,516 people. In Malverne, there are 8,050 people per square mile, which is well above the national population density average. If we look at the most recent Census, Malverne is known to have a predominantly White population. The next two most common races are Black and Asian. Malverne is known to be family friendly as more than 70% of the population has already tied the knot. It might also be worth noting that 32% of residents also have children under the age of 18. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Malverne entails a longer-than-average one-way commute time, averaging 37 minutes.

Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Malverne could be a positive experience compared to other cities in New York if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Malverne and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, commute, housing and other important metrics.

The livability score in Malverne is 88 out of 100 and the city is ranked in the 99th percentile of all cities across America. Based on this score, Malverne would be considered a very livable city! Malverne is also ranked in the top 10 percentile of all cities across the USA. If we probe a little deeper into each category within the livability score, we see that Malverne has higher than average grades for the following: crime (A+), education (A+) and housing (A+). There is at least one category that does not have great scores in Malverne. The following was graded with a disappointing score: cost of living (F).

The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Malverne, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Malverne undoubtedly enhances its desirability, affirming the significance of its prime location.

The unemployment rate in Malverne has consistently declined over the years and currently stands well below the national average at 1.61%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Malverne, the average school test scores are an impressive 71%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Malverne excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Malverne is real estate affordability. Median real estate prices in Malverne come in at $484,600, which is 69.3% higher than the New York average. The home price to income ratio compares the median home prices to the median household income. In Malverne, the home price to income ratio is 3.6, which is 23.4% lower than the New York average.

Best Places to Live in and Around Malverne

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Compare Malverne, NY Livability

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      Malverne transportation information

      Statistic Malverne New York National
      Average one way commute37min33min26min
      Workers who drive to work68.1%53.0%76.4%
      Workers who carpool2.4%6.7%9.3%
      Workers who take public transit18.1%28.0%5.1%
      Workers who bicycle0.4%0.7%0.6%
      Workers who walk2.4%6.3%2.8%
      Working from home8.6%4.0%4.6%
      Source: The Malverne, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).