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Mill Bay CDP, Alaska Demographics & Population 2026

As of 2026, Mill Bay CDP, Alaska has a total population of 3,541, the 33rd largest city in Alaska, with a median household income of $94,359, which is 6% higher than the state average. The poverty rate is 5.7%.

Key Takeaways

Mill Bay CDP Quick Facts

Population 3,541
Median Household Income $94,359
Median Home Value $430,600
Poverty Rate 5.7%
Unemployment Rate 0.9%
Median Age 35.5 years
Homeownership Rate 85.0%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 36.4%
High School Graduation Rate 98.1%
Diversity Index 59/100
Population 3,541 33rd of 330
Median Income $94,359 top 20%
Poverty Rate 5.7% 54% lower national
Median Home Value $430,600 top 10%

How Mill Bay CDP Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 5.8% | National: 5.2%
75.1% Labor Force Participation

Housing Overview

Owner 85.0%
Renter 15.0%
Affordability Index Moderate
4.6x home value to income ratio

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 56 | National average: 60

Education

Mill Bay CDP Rankings in Alaska

#33 Population of 330
#42 Median Income of 330
#47 Education of 330
#12 Home Value of 330

Cities Similar to Mill Bay CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Goldstream CDP3,238$92,604$289,60073.2%6.3%
Valdez city3,911$97,067$312,40031.0%5.1%
Nome city3,668$113,561$338,90024.4%7.9%
Butte CDP3,905$105,625$320,10030.9%7.9%
Petersburg CDP3,346$76,466$298,50027.2%5.8%

Population Overview

Mill Bay CDP is a small community located in Alaska. The total population is 3,541. It ranks as the 33rd most populous out of 330 cities and towns in Alaska.

Age Demographics

The median age in Mill Bay CDP is 35.5 years. This is about average than the state median of 35.6 years. With 29.2% of the population under 18, Mill Bay CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Mill Bay CDP is $94,359. This is 6% higher than the state median of $89,336. Compared to the national median of $78,538, household income here is 20% higher. The poverty rate stands at 5.7%. This is 44% lower than the state poverty rate of 10.2%. The unemployment rate is 0.9%. This is 84% lower than the state rate of 5.8%. The median home value is $430,600. Housing costs are 29% higher than the state median of $333,300. The home-value-to-income ratio is 4.6x. 85.0% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Mill Bay CDP is White (non-Hispanic), making up 53.2% of the population. Asian residents account for 11.8%. The Black or African American population (0.1%) is well below the state average of 3.0%. The Asian population is significantly higher than the state average (11.8% vs 6.3%).

Education

36.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 31.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%.

Data Sources & Methodology

All demographic data for Mill Bay CDP, Alaska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Alaska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 330 Census-designated places in Alaska. For official data, visit data.census.gov.

Free data download: Get all Alaska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Mill Bay CDP, Alaska?

Mill Bay CDP, Alaska has a population of 3,541 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mill Bay CDP, AK?

The median household income in Mill Bay CDP is $94,359, which is 20% higher the national median of $78,538.

What is the poverty rate in Mill Bay CDP, AK?

The poverty rate in Mill Bay CDP is 5.7%. This means approximately 201 residents live below the federal poverty line.

What is the racial makeup of Mill Bay CDP, Alaska?

Mill Bay CDP's population is 53.2% White, 0.1% Black, 8.6% Hispanic/Latino, and 11.8% Asian.

What is the median home value in Mill Bay CDP, AK?

The median home value in Mill Bay CDP is $430,600. The home-value-to-income ratio is 4.6x.

How educated is Mill Bay CDP, Alaska?

36.4% of adults (25+) in Mill Bay CDP hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.