MyNeighborhood

Can you afford to live in Mill Valley?

Median household income, home values and rent in Mill Valley, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Mill Valley.

Median household income: $208,466 — +45.8% since 2015 (not adjusted for inflation)

Median gross rent: $3,313/mo — +78.0% since 2015

Median home value, 2015 to 2023

  • 2015: 1157500
  • 2023: 2000001

Median household income

  • Mill Valley: 208466
  • Marin County: 142785
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Mill Valley: 3313
  • Marin County: 2584
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 26.2% — U.S.: 30.2%

What it means

The typical household here earns $208,466 — far higher than the national figure of $78,538.

The typical renter here spends 26.2% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+78.0% versus +45.8%), before adjusting for inflation.

Sources

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