Last updated: 2024 BLS data · Page refreshed:
Milpitas has a population of 78,578 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 78,578 |
| Median Age | 36.8 |
| White | 11.4% |
| Black or African American | 1.9% |
| Asian | 72.1% |
| Hispanic or Latino | 13.4% |
| Other / Two or More Races | 1.2% |
The median household income in Milpitas is $178,798, which is 121.8% above the national median of $80,610. The per capita income is $69,335. The poverty rate is 5.9%.
The unemployment rate in Milpitas is 4.3%, compared to the national rate of 4.1%.
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In Milpitas, 88.9% of residents age 25+ have a high school diploma or higher, and 58.2% hold a bachelor's degree or higher (26.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.9% |
| Bachelor's Degree or Higher | 58.2% |
| Graduate or Professional Degree | 26.8% |
The median home value in Milpitas is $1,251,700, above the national median of $303,400. The median monthly rent is $3,120. The homeownership rate is 58.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,251,700 |
| Median Monthly Rent | $3,120 |
| Homeownership Rate | 58.4% |
| Vacancy Rate | 3.7% |
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