Millwood, Washington Demographics & Population 2026
During the 2020–2024 ACS period, Millwood, Washington had a total population of 1,890, the 318th largest city in Washington, with a median household income of $83,068, which is 15% lower than the state average. The poverty rate is 9.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 0.7%.
Millwood Quick Facts
How Millwood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,880 | 1,890 | +0.5% |
| Median household income | $71,875 | $83,068 | +15.6% |
| Median home value | $327,200 | $358,900 | +9.7% |
How Millwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 56 | National average: 61
Education
Educational Attainment (Adults 25+)
Millwood Rankings in Washington
Explore Washington Rankings
Other Cities in Spokane County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Spokane | 230,293 | $70,064 | 13.8% | $363,500 |
| Spokane Valley | 106,365 | $74,042 | 12.9% | $382,300 |
| Cheney | 12,804 | $54,503 | 31.3% | $395,900 |
| Liberty Lake | 12,737 | $118,723 | 5.0% | $577,500 |
| Airway Heights | 11,245 | $62,874 | 19.5% | $348,500 |
| Fairwood (Spokane County) | 10,674 | $91,988 | 7.8% | $469,100 |
| Mead | 6,893 | $77,045 | 7.4% | $408,200 |
| Country Homes | 6,198 | $84,653 | 14.2% | $429,400 |
| Otis Orchards-East Farms | 5,454 | $97,500 | 5.6% | $430,500 |
| Medical Lake | 4,950 | $79,989 | 8.1% | $368,700 |
Cities Similar to Millwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Coupeville | 1,980 | $81,625 | $561,000 | 36.4% | 12.8% |
| Beacon Hill | 1,804 | $86,806 | $397,600 | 15.6% | 15.5% |
| Tenino | 2,025 | $82,639 | $369,000 | 20.9% | 11.6% |
| Stansberry Lake | 1,807 | $90,917 | $399,300 | 36.8% | 1.8% |
| Davenport | 1,774 | $76,849 | $315,900 | 26.6% | 13.9% |
Population Overview
Millwood is a small community located in Washington, within Spokane County. The total population is 1,890. It ranks as the 318th most populous out of 628 Census-designated places in Washington.
Age Demographics
The median age in Millwood is 37.8 years. This is 1% lower than the state median of 38.3 years.
Economy, Income & Housing
The median household income in Millwood is $83,068. This is 15% lower than the state median of $98,141. It is also 3% higher than the national median of $80,734. The poverty rate stands at 9.5%. This is 4% lower than the state poverty rate of 9.9%. The unemployment rate is 0.7%. This is 86% lower than the state rate of 5.1%. The median home value is $358,900. Housing costs are 36% lower than the state median of $564,600. The home-value-to-income ratio is 4.3x. 63.8% of occupied housing units are owner-occupied.
Race & Ethnicity
Millwood has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Hispanic or Latino residents account for 4.6%. The Black or African American population (1.4%) is well below the state average of 3.9%. The Hispanic or Latino population (4.6%) is well below the state average of 14.4%. The Asian population (0.7%) is well below the state average of 9.7%.
Education
25.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 39.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%.
Data Sources & Methodology
All demographic data for Millwood, Washington 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 Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 628 Census-designated places in Washington. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Washington city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Millwood, Washington?
Millwood, Washington has a population of 1,890 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Millwood, WA?
The median household income in Millwood is $83,068, which is 3% higher than the national median of $80,734.
What is the poverty rate in Millwood, WA?
The poverty rate in Millwood is 9.5%. This means approximately 179 residents live below the federal poverty line.
What is the racial makeup of Millwood, Washington?
Millwood's population is 87.3% White, 1.4% Black, 4.6% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Millwood, WA?
The median home value in Millwood is $358,900. The home-value-to-income ratio is 4.3x.
How educated is Millwood, Washington?
25.7% of adults (25+) in Millwood hold a bachelor's degree or higher, and 10.1% hold a graduate or professional degree.