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Mill Valley city, California Demographics & Population 2026

Most Expensive HousingHighest median home value in California
Expensive MarketHome value to income ratio of 9.6x indicates a costly housing market

As of 2026, Mill Valley city, California has a total population of 14,064, the 418th largest city in California, with a median household income of $208,466, which is 116% higher than the state average. The poverty rate is 5.0%.

Key Takeaways

Mill Valley city Quick Facts

Population 14,064
Median Household Income $208,466
Median Home Value $2,000,001
Poverty Rate 5.0%
Unemployment Rate 8.4%
Median Age 47.2 years
Homeownership Rate 66.1%
Affordability Ratio 9.6x
Bachelor's Degree or Higher 77.1%
High School Graduation Rate 98.9%
Diversity Index 31/100
Population 14,064 418th of 1,577
Median Income $208,466 top 10%
Poverty Rate 5.0% 60% lower national
Median Home Value $2,000,001 top 10%

How Mill Valley city Compares

Economy & Housing

Employment

8.4% Unemployment Rate State: 6.4% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 66.1%
Renter 33.9%
Affordability Index Very Expensive
9.6x home value to income ratio

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 69 | National average: 60

Education

Mill Valley city Rankings in California

#418 Population of 1,577
#63 Median Income of 1,577
#59 Education of 1,577
#1 Home Value of 1,577

Cities Similar to Mill Valley city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alamo CDP14,441$250,001$2,000,00176.3%1.8%
Coto de Caza CDP15,363$232,470$1,419,40066.3%3.7%
Oak Park CDP13,656$160,484$1,017,10063.2%3.3%
Palos Verdes Estates city13,047$247,500$2,000,00178.5%2.6%
Rossmoor CDP11,895$200,833$1,234,70060.7%3.8%

Population Overview

Mill Valley city is a small city located in California. The total population is 14,064. It ranks as the 418th most populous out of 1,577 cities and towns in California.

Age Demographics

The median age in Mill Valley city is 47.2 years. This is 26% higher than the state median of 37.6 years.

Economy, Income & Housing

The median household income in Mill Valley city is $208,466. This is 116% higher than the state median of $96,334. Compared to the national median of $78,538, household income here is 165% higher. The poverty rate stands at 5.0%. This is 58% lower than the state poverty rate of 12.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 8.4%. This is 31% higher than the state rate of 6.4%. The median home value is $2,000,001. Housing costs are 188% higher than the state median of $695,400. The home-value-to-income ratio of 9.6x suggests that housing affordability is a significant concern for many residents. 66.1% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 55.8%.

Race & Ethnicity

The largest racial or ethnic group in Mill Valley city is White (non-Hispanic), making up 82.0% of the population. Asian residents account for 7.2%. The White (non-Hispanic) population is significantly higher than the state average (82.0% vs 34.6%). The Black or African American population (0.7%) is well below the state average of 5.3%. The Hispanic or Latino population (4.0%) is well below the state average of 39.8%. The Asian population (7.2%) is well below the state average of 15.0%.

Education

77.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Mill Valley city in the top 10% of all cities in the state for educational attainment. This is 111% higher than the state rate of 36.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.9%. Notably, 37.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Mill Valley city, California 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 California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,577 Census-designated places in California. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Mill Valley city, California?

Mill Valley city, California has a population of 14,064 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mill Valley city, CA?

The median household income in Mill Valley city is $208,466, which is 165% higher the national median of $78,538.

What is the poverty rate in Mill Valley city, CA?

The poverty rate in Mill Valley city is 5.0%. This means approximately 699 residents live below the federal poverty line.

What is the racial makeup of Mill Valley city, California?

Mill Valley city's population is 82.0% White, 0.7% Black, 4.0% Hispanic/Latino, and 7.2% Asian.

What is the median home value in Mill Valley city, CA?

The median home value in Mill Valley city is $2,000,001. The home-value-to-income ratio is 9.6x.

How educated is Mill Valley city, California?

77.1% of adults (25+) in Mill Valley city hold a bachelor's degree or higher, and 37.4% hold a graduate or professional degree.