Last updated: 2024 BLS data · Page refreshed:
Mill Bay has a population of 3,654 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,654 |
| Median Age | 35.4 |
| White | 59.1% |
| Black or African American | 0.2% |
| Asian | 11.2% |
| Hispanic or Latino | 4.2% |
| Other / Two or More Races | 25.3% |
The median household income in Mill Bay is $88,580, which is 9.9% above the national median of $80,610. The per capita income is $64,538. The poverty rate is 9.0%.
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In Mill Bay, 97.5% of residents age 25+ have a high school diploma or higher, and 36.8% hold a bachelor's degree or higher (13.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.5% |
| Bachelor's Degree or Higher | 36.8% |
| Graduate or Professional Degree | 13.6% |
The median home value in Mill Bay is $463,200, above the national median of $303,400. The median monthly rent is $2,710. The homeownership rate is 83.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $463,200 |
| Median Monthly Rent | $2,710 |
| Homeownership Rate | 83.1% |
| Vacancy Rate | 10.3% |
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