Living in Mill Bay, Alaska
Cost of living, income, home prices, rent and demographics of Mill Bay · Census data 2020–2024
Mill Bay has 3,654 residents with a median age of 35.4. The median household income is $88,580 (5% lower than the Alaska median), the median home value is $463,200, the median rent is $2,710/month.
Mill Bay at a glance
- Population
- 3,654
- Median age
- 35.4State: 35.8
- Median household income
- $88,580State: $92,788
- Median home value
- $463,200State: $352,900
- Median rent
- $2,710/moState: $1,419
- Homeowners
- 83.1%
- Bachelor's degree or higher
- 36.8%
- Average commute
- 11 min
Is Mill Bay a good place to live?
Pros: An average commute of 11 minutes; unemployment of 0%; a poverty rate of 9%.
Cons: Median household income 5% lower than the Alaska median; home values 31% higher than the state median.
The weather is best in June to September.
Cost of living in Mill Bay
Housing is the biggest part of the cost of living. In Mill Bay the median home value is $463,200, 39% higher than the U.S. median. Renters pay a median of $2,710 per month, which is 35.1% of household income. Homeowners with a mortgage pay $2,759 a month in housing costs.
Mill Bay median household income
The median household income in Mill Bay is $88,580 and the income per person is $64,538. 9% of residents live below the poverty line (Alaska: 10.1%).
Housing in Mill Bay: homes for sale and rent
- Housing units
- 1,650
- Owner-occupied
- 83.1%
- Renter-occupied
- 16.9%
- Vacant
- 10.3%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.44
Mill Bay demographics
- Population
- 3,654
- Median age
- 35.4
- Under 18
- 28.6%
- 65 and older
- 10.4%
- Households
- 1,480
- Foreign-born
- 9.1%
- Veterans
- 10.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Mill Bay ›
Education in Mill Bay
36.8% of adults 25 and older in Mill Bay have a bachelor's degree or higher (Alaska: 31.7%), and 13.6% have a graduate or professional degree.
Jobs and commute in Mill Bay
- Unemployment rate
- 0%State: 5.9%
- Average commute
- 11 minState: 19 min
- Work from home
- 5.5%
- Drive alone
- 79.9%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 97.9%
Mill Bay vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mill Bay | 3,654 | $88,580 | $463,200 | $2,710 |
| Kodiak | 5,447 | $90,292 | $347,100 | $1,571 |
| Kodiak Station | 1,823 | $83,750 | — | $2,403 |
| Port Lions | 150 | $46,250 | $161,500 | — |
More for people moving to Mill Bay
Mill Bay ZIP code ›Weather and climate ›Living in Mill Bay: FAQ
What is the median household income in Mill Bay, AK?
The median household income in Mill Bay is $88,580, 5% lower than the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mill Bay?
The median home value in Mill Bay is $463,200, compared with $352,900 in Alaska.
How much is rent in Mill Bay?
The median gross rent in Mill Bay is $2,710 per month, about 35.1% of household income.
Is Mill Bay, AK a good place to live?
Pluses: an average commute of 11 minutes; unemployment of 0%; a poverty rate of 9%. Minuses: median household income 5% lower than the Alaska median; home values 31% higher than the state median.
What is the median age in Mill Bay?
The median age in Mill Bay is 35.4 years (Alaska: 35.8).
How long is the commute in Mill Bay?
The average commute to work in Mill Bay is 11 minutes; 5.5% of workers work from home.
What is the unemployment rate in Mill Bay?
The unemployment rate in Mill Bay is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mill Bay?
36.8% of adults in Mill Bay have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: