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2024 Compare Cities Economy:
Malvern, PA vs Somerville, NJ

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Highlights
- Household income in Somerville, is 16% less than it is in Malvern and is 26% above the National Average.
- Malvern unemployment rate is 4.7%.
- Somerville unemployment rate is 6.3%.

Economy
 Malvern, PASomerville, NJUnited States
 Unemployment Rate4.7%6.3%6.0%
 Recent Job Growth0.3%-0.7%1.6%
 Future Job Growth29.2%23.7%33.5%
 Sales Taxes6.0%6.6%6.2%
 Income Taxes4.1%5.5%4.6%
 Income per Cap.$72,027$45,373$37,638
 Household Income$110,179$92,995$69,021
 Family Median Income$152,765$102,829$85,028
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 Est. Households By Income
 Malvern, PASomerville, NJUnited States
 Income Less Than 15K3.6%6.3%9.4%
 Income between 15K and 20K4.5%2.0%3.8%
 Income between 20K and 30K3.7%6.2%8.1%
 Income between 30K and 40K4.5%6.3%8.0%
 Income between 40K and 50K2.7%5.0%7.6%
 Income between 50K and 60K5.3%4.7%7.2%
 Income between 60K and 75K6.6%10.4%9.6%
 Income between 75K and 100K15.2%11.6%12.8%
 Income between 100K and 150K14.8%25.9%16.3%
 Income between 150K and 200K12.5%11.5%7.8%
 Income greater than 200K26.5%10.1%9.5%
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 Population By Occupation
 Malvern, PASomerville, NJUnited States
 Management, business, finance26.3%18.4%16.4%
 Engineering, computers, science17.3%9.6%6.5%
 Community, social services1.6%4.0%1.8%
 Legal0.8%0.8%1.2%
 Education, library6.9%6.5%6.2%
 Arts, design, media, sports, entertainment2.9%1.4%2.0%
 Healthcare practitioners and technology4.0%5.2%6.2%
 Healthcare support2.2%3.2%3.3%
 Firefighters, law enforcement0.0%3.0%2.1%
 Food preparation, serving4.9%5.9%5.4%
 Building maintenance1.6%4.2%3.6%
 Personal care3.7%2.4%2.6%
 Sales, office, administrative support21.8%18.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.1%5.3%8.1%
 Production, transportation, material moving2.8%12.2%13.1%

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Reviews for Malvern    0 Reviews

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Reviews for Somerville    3 Reviews

Over 18 years ago

Nice community with the shore an hour away as well as NYC. Good schools. Noted for equestrian events. Jackie O lived not to far from here. Prices of homes have gone  More

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I love living in Somerville, which offers the charm of a small town and all of the conveniences of a larger city. Its charming Victorial architecture and a lively Main  More

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Over 18 years ago

The cost of living in Somerville is out of control. Sadly, you don't get much in return for the extremely high taxes you pay. There's an accident waiting to happen on  More

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ZIPS IN MALVERN, PENNSYLVANIA
No Zip Codes Here.
ZIPS IN SOMERVILLE, NEW JERSEY
08876

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