Millwood, WA
Population 1,880 · Washington
About Millwood, WA
Millwood is a small community in Washington with a population of 1,880 residents. The median household income is $71,875 per year, which is above the national average. The median age in Millwood is 37.3 years.
Housing in Millwood has a median home value of $327,200 and median monthly rent of $1,097. Of the 803 total housing units, the majority are owner-occupied, with 479 owner-occupied and 289 renter-occupied units.
The unemployment rate in Millwood is 0.8% and the poverty rate is 10.6%. 23.2% of residents hold a bachelor's degree or higher. The average commute time is 18.9 minutes.
How Millwood Ranks in Washington
Cost of Living in Millwood, WA
Compared to national averages, Millwood has a median household income of $71,875 (4% below the national median of $75,149). Home values average $327,200, which is 34% above the national median. Monthly rent at $1,097 is 6% below the US average of $1,163. Within Washington, Millwood's income is 21% below the state average of $90,795, and home values are 29% below the state median of $460,491.
Why Live in Millwood, WA?
Millwood offers rent that’s lower than the national average at $1,097/month, and a strong job market with an unemployment rate of just 0.8%, and a low poverty rate of 10.6%, better than the national average. Additionally, the city features short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($71,875) that falls below the national average. However, Millwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Millwood has a population of 1,880 with a median age of 37.3 years. Compare Millwood with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Millwood
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kitsap Lake | 1,879 | $90,156 | $421,200 | Compare |
| Cathcart | 1,878 | $106,000 | $875,600 | Compare |
| South Creek | 1,885 | $81,826 | $548,800 | Compare |
| South Bend | 1,856 | $43,333 | $235,500 | Compare |
| Cavalero | 1,850 | $144,076 | $612,400 | Compare |
| Tieton | 1,911 | $54,286 | $228,400 | Compare |
| Long Beach | 1,844 | $51,125 | $329,900 | Compare |
| Coupeville | 1,934 | $66,696 | $495,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Millwood
What is the population of Millwood, WA?
The population of Millwood, WA is 1,880 according to the latest Census data.
What is the median household income in Millwood?
The median household income in Millwood, WA is $71,875 per year.
What is the median home value in Millwood?
The median home value in Millwood, WA is $327,200.
What is the average rent in Millwood?
The median monthly rent in Millwood, WA is $1,097.
What is the unemployment rate in Millwood?
The unemployment rate in Millwood, WA is 0.8%.