Mill Bay, AK
Full City Profile · Alaska · Kodiak Island Borough County
4.3
/5.0
A
Great
3,541
Population
1,029/sq mi density
$94,359
Median Income
$51,428 per capita
$430,600
Home Value
$435,931 Zillow
$2,777
Median Rent
25.9% income on rent
42°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.9 / 5.0
$94,359 median income, 0.9% unemployment
A
Affordability
4.1 / 5.0
$430,600 home value, $2,777/mo rent
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher
Change Over Time (2021, 2023)
Population Change
-4.8%
3,719 → 3,541
over 2 years
Annual Pop. Growth
-2.42%
Compound annual growth rate
Median Income Change
-12.5%
$107,892 → $94,359
nominal, not inflation-adjusted
Annual Income Growth
-6.48%
Compound annual growth rate
Population Over Time
Total population for Mill Bay across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2021, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
2,983
-558 from 2023 (3,541)
Projected Median Income 2030
$59,036
$-35,323 from 2023 ($94,359)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2021 | 3,719 | - | $107,892 | - |
| 2023 | 3,541 | -4.8% | $94,359 | -12.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.