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Mill Valley, California Demographics & Population 2026

Expensive MarketHome value to income ratio of 9.7x indicates a costly housing market

During the 2020–2024 ACS period, Mill Valley, California had a total population of 14,012, the 417th largest city in California, with a median household income of $206,212, which is 108% higher than the state average. The poverty rate is 5.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Mill Valley Quick Facts

Population 14,012
Median Household Income $206,212
Median Home Value $2,000,000+
Poverty Rate 5.9%
Unemployment Rate 8.8%
Median Age 48.7 years
Homeownership Rate 66.2%
Affordability Ratio 9.7x
Bachelor's Degree or Higher 75.8%
High School Graduation Rate 98.7%
Diversity Index 35/100
Population 14,012 417th of 1,570
Median Income $206,212 top 10%
Poverty Rate 5.9% 53% lower than national
Median Home Value $2,000,000+ top 10%

How Mill Valley Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population14,06414,012-0.4%
Median household income$208,466$206,212-1.1%
Median home value$2,000,000+$2,000,000++0.0%

How Mill Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 7.6%
$25K-$50K 5.8%
$50K-$100K 11.9%
$100K+ 74.6%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
1.3%
$15K-$20K
0.4%
$20K-$25K
1.4%
$25K-$30K
0.8%
$30K-$35K
0.7%
$35K-$40K
0.8%
$40K-$45K
2.1%
$45K-$50K
1.5%
$50K-$60K
2.5%
$60K-$75K
4.2%
$75K-$100K
5.3%
$100K-$125K
7.2%
$125K-$150K
7.0%
$150K-$200K
7.1%
$200K+
53.3%

Employment

8.8% Unemployment Rate State: 6.6%|National: 5.2%
60.8% Labor Force Participation

Housing Overview

Owner 66.2%
Renter 33.8%
Affordability Index Very Expensive
9.7x home value to income ratio
Median gross rent $3,278/mo 19.1% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

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

State average: 70 | National average: 61

Education

Mill Valley Rankings in California

#417 Population of 1,570
#82 Median Income of 1,375
#75 Education of 1,570
#1 Home Value of 1,376

Other Cities in Marin County

CityPopulationMedian IncomePovertyHome Value
San Rafael 60,433 $119,435 11.7% $1,355,600
Novato 52,546 $115,736 9.6% $1,032,500
Larkspur 12,854 $140,417 7.0% $1,996,600
San Anselmo 12,679 $173,641 7.4% $1,576,700
Tamalpais-Homestead Valley 12,085 $243,227 3.3% $1,863,900
Corte Madera 10,077 $232,763 4.6% $1,755,200
Tiburon 9,012 $232,969 1.9% $2,000,000+
Fairfax 7,516 $141,653 12.1% $1,163,600
Sausalito 7,141 $182,357 8.0% $1,894,600
Kentfield 6,900 $249,896 3.9% $2,000,000+

Cities Similar to Mill Valley

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alamo14,488$250,000+$2,000,000+77.5%2.1%
Oak Park13,757$163,085$1,036,90063.0%4.2%
San Marino12,216$214,167$2,000,000+82.6%6.7%
Palos Verdes Estates12,925$242,014$2,000,000+79.6%2.9%
Coto de Caza15,190$243,816$1,535,60067.1%3.0%

Population Overview

Mill Valley is a small city located in California, within Marin County. The total population is 14,012. It ranks as the 417th most populous out of 1,570 Census-designated places in California.

Age Demographics

The median age in Mill Valley is 48.7 years. This is 28% higher than the state median of 37.9 years. 10.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Mill Valley is $206,212. This is 108% higher than the state median of $99,122. It is also 155% higher than the national median of $80,734. The poverty rate stands at 5.9%. This is 51% lower than the state poverty rate of 12.0%. The unemployment rate is 8.8%. This is 33% higher than the state rate of 6.6%. The median home value is $2,000,000+. Housing costs are 172% higher than the state median of $734,700. The home-value-to-income ratio of 9.7x suggests that housing affordability is a significant concern for many residents. 66.2% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 55.9%.

Race & Ethnicity

The largest racial or ethnic group in Mill Valley is White (non-Hispanic), making up 80.1% of the population. Asian residents account for 8.3%. The White (non-Hispanic) population is significantly higher than the state average (80.1% vs 33.8%). The Black or African American population (0.7%) is well below the state average of 5.2%. The Hispanic or Latino population (4.8%) is well below the state average of 40.2%.

Education

75.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Mill Valley in the top 10% of all cities in the state for educational attainment. This is 105% higher than the state rate of 37.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.7%. Notably, 35.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Mill Valley, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,570 Census-designated places in California. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Mill Valley, California?

Mill Valley, California has a population of 14,012 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Mill Valley is $206,212, which is 155% higher than the national median of $80,734.

What is the poverty rate in Mill Valley, CA?

The poverty rate in Mill Valley is 5.9%. This means approximately 826 residents live below the federal poverty line.

What is the racial makeup of Mill Valley, California?

Mill Valley's population is 80.1% White, 0.7% Black, 4.8% Hispanic/Latino, and 8.3% Asian.

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

The median home value in Mill Valley is $2,000,000+. The home-value-to-income ratio is 9.7x.

How educated is Mill Valley, California?

75.8% of adults (25+) in Mill Valley hold a bachelor's degree or higher, and 35.9% hold a graduate or professional degree.