19355 Malvern, PA is a great place to live with an average 2 bedroom rent of $2,040. The grocery cost index in Malvern is higher than the national average at 112 versus 100. Despite the slightly increased cost of living, there are plenty of local businesses that benefit from the town's vibrant community. Businesses such as Energi Gym, Loma Hair Salon, and The Great Escape Room have become popular places for residents looking for a great time out. Additionally, local shops like Cotton Street Market and Michael's Deli provide quality products and services to the area.
Malvern (zip 19355) has an unemployment rate of 4.7%. The US average is 6.0%.
Malvern (zip 19355) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Malvern (zip 19355)
- The Sales Tax Rate for Malvern (zip 19355) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Malvern (zip 19355) is 3.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Malvern (zip 19355)
- The average income of a Malvern (zip 19355) resident is $74,262 a year. The US average is $37,638 a year.
- The Median household income of a Malvern (zip 19355) resident is $143,969 a year. The US average is $69,021 a year.