Simi Valley, CA
Population 125,769 · California
About Simi Valley, CA
Simi Valley is a major city located in California with a population of 125,769 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,703 per year, which is 57% above the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Simi Valley features a median home value of $753,500, which is 208% above the national median of $244,900. This places Simi Valley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,513, 116% above the national average of $1,163/month. Of the 45,371 total housing units, 73% are owner-occupied (32,356 units) and 27% are renter-occupied (11,999 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Simi Valley shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Simi Valley have an average one-way commute time of 28.6 minutes.
Education & Demographics
37.4% of Simi Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 19.5% White, 2.2% Hispanic or Latino, 0.5% Black or African American, and 6.4% Asian residents, with 18.2% of the population being foreign-born.
How Simi Valley Ranks in California
Cost of Living in Simi Valley, CA
Compared to national averages, Simi Valley has a median household income of $117,703 (57% above the national median of $75,149). Home values average $753,500, which is 208% above the national median. Monthly rent at $2,513 is 116% above the US average of $1,163. Within California, Simi Valley's income is 20% above the state average of $97,829, and home values are 15% above the state median of $653,874.
Why Live in Simi Valley, CA?
Simi Valley offers a strong local economy with a median household income of $117,703, well above the national average, and a well-educated community where 37.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $753,500. However, as a major city, Simi Valley provides access to a wide range of amenities and services.
Simi Valley has a population of 125,769 with a median age of 41.8 years. Compare Simi Valley with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Simi Valley
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Thousand Oaks | 125,676 | $134,367 | $951,200 | Compare |
| Vallejo | 124,637 | $89,496 | $557,500 | Compare |
| Concord | 124,260 | $109,195 | $755,900 | Compare |
| Clovis | 122,719 | $100,360 | $453,300 | Compare |
| Santa Clara | 129,239 | $173,670 | $1,527,900 | Compare |
| Berkeley | 120,223 | $108,558 | $1,351,100 | Compare |
| Fairfield | 119,985 | $102,321 | $592,500 | Compare |
| Antioch | 115,759 | $94,256 | $607,400 | 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 Simi Valley With Other Cities
Frequently Asked Questions about Simi Valley
What is the population of Simi Valley, CA?
The population of Simi Valley, CA is 125,769 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in California.
What is the median household income in Simi Valley?
The median household income in Simi Valley, CA is $117,703 per year, which is 57% above the national median of $75,149.
What is the median home value in Simi Valley?
The median home value in Simi Valley, CA is $753,500, which is 208% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Simi Valley?
The median monthly rent in Simi Valley, CA is $2,513, which is 116% above the national average of $1,163/month.
What is the unemployment rate in Simi Valley?
The unemployment rate in Simi Valley, CA is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Simi Valley, CA a good place to live?
Simi Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 125,769 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Simi Valley, CA?
37.4% of residents in Simi Valley 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 Simi Valley?
Key cost-of-living indicators for Simi Valley, CA: median home value is $753,500 (208% above national), median rent is $2,513/month, and median household income is $117,703. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Simi Valley?
The poverty rate in Simi Valley, CA is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Simi Valley, CA?
Simi Valley's population is 19.5% White, 2.2% Hispanic or Latino, 0.5% Black or African American, 6.4% Asian, and 1.3% two or more races. 18.2% of residents are foreign-born.