Milpitas, CA
Population 78,216 · California
About Milpitas, CA
Milpitas is a mid-sized city located in California with a population of 78,216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $176,822 per year, which is 135% above the national median of $75,149. The median age of 36.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Milpitas features a median home value of $1,180,000, which is 382% above the national median of $244,900. This places Milpitas in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,112, 168% above the national average of $1,163/month. Of the 25,763 total housing units, 59% are owner-occupied (14,662 units) and 41% are renter-occupied (10,051 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Milpitas shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Milpitas have an average one-way commute time of 26.4 minutes.
Education & Demographics
58.6% of Milpitas residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 10.3% White, 0.9% Hispanic or Latino, 0.4% Black or African American, and 2.6% Asian residents, with 54.3% of the population being foreign-born.
Cost of Living in Milpitas, CA
Compared to national averages, Milpitas has a median household income of $176,822 (135% above the national median of $75,149). Home values average $1,180,000, which is 382% above the national median. Monthly rent at $3,112 is 168% above the US average of $1,163. Within California, Milpitas's income is 81% above the state average of $97,829, and home values are 80% above the state median of $653,874.
Why Live in Milpitas, CA?
Milpitas offers a strong local economy with a median household income of $176,822, well above the national average, and a well-educated community where 58.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,180,000. However, as a mid-sized city, Milpitas provides access to a wide range of amenities and services.
Milpitas has a population of 78,216 with a median age of 36.4 years. Compare Milpitas with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Milpitas
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Carmichael | 78,070 | $84,376 | $541,500 | Compare |
| Chino Hills | 78,024 | $122,600 | $830,000 | Compare |
| Napa | 78,816 | $102,231 | $824,500 | Compare |
| Pleasanton | 77,500 | $186,206 | $1,432,300 | Compare |
| Upland | 78,940 | $101,407 | $688,800 | Compare |
| Tustin | 79,035 | $108,435 | $890,600 | Compare |
| Bellflower | 77,396 | $77,602 | $661,100 | Compare |
| Perris | 79,349 | $82,523 | $431,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Milpitas With Other Cities
Frequently Asked Questions about Milpitas
What is the population of Milpitas, CA?
The population of Milpitas, CA is 78,216 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Milpitas?
The median household income in Milpitas, CA is $176,822 per year, which is 135% above the national median of $75,149.
What is the median home value in Milpitas?
The median home value in Milpitas, CA is $1,180,000, which is 382% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Milpitas?
The median monthly rent in Milpitas, CA is $3,112, which is 168% above the national average of $1,163/month.
What is the unemployment rate in Milpitas?
The unemployment rate in Milpitas, CA is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Milpitas, CA a good place to live?
Milpitas offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 78,216 and a median age of 36.4, the city appeals to a broad range of residents.
How educated is Milpitas, CA?
58.6% of residents in Milpitas aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Milpitas?
Key cost-of-living indicators for Milpitas, CA: median home value is $1,180,000 (382% above national), median rent is $3,112/month, and median household income is $176,822. The home-value-to-income ratio is 6.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Milpitas?
The poverty rate in Milpitas, CA is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Milpitas, CA?
Milpitas's population is 10.3% White, 0.9% Hispanic or Latino, 0.4% Black or African American, 2.6% Asian, and 2.0% two or more races. 54.3% of residents are foreign-born.