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The total population of Millwood is estimated to be 1,930 with 937 males (48.55%) and 993 females (51.45%). There are 56 more females than males in Millwood.
The median household income in Millwood was $66,544 in 2021, which marked an an increase of 5,496(9%) from $61,048 in 2020. This income is 89.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Millwood sees its highest median household income among householders in the age group of 45 to 64 years old, at $81,519. Overall, the median household income for the town of Millwood stands at $66,544.
In Millwood, the median income for all workers aged 15 years and older, regardless of work hours, was $39,975 for males and $31,366 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,794 for males and $47,869 for females.
In Millwood, there are just two different racial groups among households. Among these, White households report a median household income of $70,259, while Two or More Races households have a median household income of $46,209.
In 2022, the population of Millwood was 1,882, a 0.79% decrease year-by-year from 2021. Previously, in 2021, Millwood's population was 1,897, an increase of 0.85% compared to a population of 1,881 in 2020.
The median age in Millwood, WA is 37.5, as per 2021 ACS 5-Year Estimates. Of the total population, 20.31% were under the age of 15, 18.41% aged 15 to 29, 46.78% aged 30 to 64, 12.97% aged 65 to 84, and 1.53% were 85 years of age and older.
Racial distribution of Millwood population: 89.24% are White, 0.95% are Black or African American, 0.90% are American Indian and Alaska Native, 1% are Asian, 0.32% are some other race and 7.59% are multiracial.