Millbrae, California is a mid-sized city with a population of 22,522 inhabitants. Millbrae has a population density of 6,927 people per square mile. This would be considered well above the national population density level. Individuals of White (43%) and Asian (48%) backgrounds make up a significant portion of the population of Millbrae. 78% of the people in Millbrae (over the age of 15) are married and 57% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Are you trying to ascertain if living in Millbrae is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in California, you will probably want to make sure that you check all of the most important boxes. With useful information like cost of living, weather, education and other key data points, finding the best places to live in Millbrae and in the areas around Millbrae is a much easier task.
The livability score in Millbrae is 80/100 and the city is ranked in the 93rd percentile of all cities across America. Compared to the US average, Millbrae ranks among some of the best places to live in the country! Millbrae has also earned the rare honor of ranking in the top 10 percentile among all cities. If we probe a little deeper into each category within the livability score, we see that Millbrae has higher than average scores for the following: amenities (A+), crime (A), weather (B+), education (A-) and employment (B+). On a less positive note, Millbrae does not have favorable ranks for the following: cost of living (F). If we take a look at the data, we can find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Millbrae, there is no shortage of amazing local amenities and interesting things to do.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Millbrae is real estate affordability. The median home price for Millbrae homes is $1,037,400, which is 153.5% higher than the California average. If we take a closer look at the affordability of homes in Millbrae, we’ll see that the home price to income ratio is 10.5, which is 64.1% higher than the California average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Millbrae area were 9.9% and 5 year appreciation rates were 13.2%.