Most Expensive Mill Valley Neighborhoods
Mill Valley is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 14,403 people and six constituent neighborhoods, Mill Valley is the 363rd largest community in California.
Mill Valley home prices are not only among the most expensive in California, but Mill Valley real estate also consistently ranks among the most expensive in America.
Mill Valley is a decidedly white-collar city, with fully 95.80% of the workforce employed in white-collar jobs, well above the national average. Overall, Mill Valley is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Mill Valley who work in management occupations (18.82%), sales jobs (15.54%) and healthcare (9.88%).
Of important note, Mill Valley is also a city of artists. Mill Valley has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Mill Valley’s character.
Also of interest is that Mill Valley has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.54% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Mill Valley is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Mill Valley is a great place for families with children to consider. First of all, many other families with children live here, making Mill Valley a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Mill Valley has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Mill Valley’s overall crime rate is lower than average for the country.
One of the nice things about Mill Valley is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Mill Valley, however, is that residents on average have to contend with a long commute, spending on average 31.05 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Mill Valley is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Mill Valley. 76.83% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Mill Valley in 2010 was $87,627, which is wealthy relative to California and the nation. This equates to an annual income of $350,508 for a family of four.
The people who call Mill Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mill Valley residents report their race to be White, followed by Asian. Important ancestries of people in Mill Valley include German, English, Irish, Italian, European and Russian.
The languages spoken by people in Mill Valley are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Mill Valley is English. Other important languages spoken here include Spanish, French and German.
|MILL VALLEY INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||5,975|
|MILL VALLEY HOME OWNERSHIP|
|% OWNER OCCUPIED||67.93%|
|% RENTER OCCUPIED||32.07%|
|TYPE OF MILL VALLEY HOMES|
|SINGLE FAMILY DETACHED||67.46%|
|ROWHOUSES AND ATTACHED HOMES||9.27%|
|SMALL APARTMENT BUILDINGS||7.32%|
|COMPLEXES OR HIGH RISE APARTMENTS||15.77%|
|SIZE OF MILL VALLEY HOMES|
|5 OR MORE BEDROOMS||5.56%|
|AGE OF MILL VALLEY HOMES|
|NEWER HOMES (2000 OR LATER)||3.55%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||24.43%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||46.77%|
|HISTORIC (1939 OR BEFORE)||25.25%|
|MILL VALLEY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,450,000|
|MEDIAN RENTAL PRICE||$2,551|
|HOME VALUE RANGE|
|$0 - $70,000||0.32%|
|$70,001 - $140,000||0.00%|
|$140,001 - $280,000||0.76%|
|$280,001 - $420,000||1.67%|
|$420,001 - $560,000||1.45%|
|$560,001 - $700,000||1.98%|
|$700,001 - $1,050,000||14.11%|
|$1,050,001 - $1,400,000||21.93%|
|PEOPLE OF MILL VALLEY||DETAILS|
|UNDER 5 YEARS||5.42%|
|5 TO 17||19.06%|
|18 TO 24||3.27%|
|25 TO 34||4.86%|
|35 TO 54||32.49%|
|55 TO 64||14.39%|
|65 YEARS AND OVER||20.50%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.91%|
|MEDIAN HOUSEHOLD INCOME||$132,192|
|PER CAPITA INCOME||$87,627|
|INDIVIDUALS BELOW POVERTY LEVEL||2.72%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (25.62%)
Information Technology (5.67%)
Real estate (3.08%)
|BLACK OR AFRICAN AMERICAN||0.63%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.26%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.13%|
|TWO OR MORE RACES||5.25%|
|HISPANIC OR LATINO (OF ANY RACE)||6.59%|
|ETHNICITIES PRESENT||German (18.06%)
|LANGUAGES SPOKEN||English (83.85%)
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