Mill Creek, Washington.
Typical home $923,989 (-3.6% in a year), asking rent $2,391 (+1.2%). Seattle-Tacoma-Bellevue, WA metro.
to buy the typical home at today's mortgage rate — +$2,759 (+132%) since Jan 2020.
- 1 year
- Down $34,033 -4%
- $958,022$923,989 since Sep 2025
- 5 years
- Up $145,364 +19%
- $778,625$923,989 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Mill Creek$4,850
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Mill Creek, WA fell 3.6% over the past year — slower than the nation's +1.2%.
Asking rents in Mill Creek, WA rose 1.2% over the past year — slower than the nation's +2.7%.
Owning the typical home in Mill Creek runs $4,041/mo more than renting one. The gap peaked at $4,615 in Jan 2025.
That is $6,432 a month against $2,391 rent: a $4,850 mortgage payment, plus $593 property tax and $989 insurance & upkeep.
Owning vs renting — Mill Creek
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$6,432
- Renting$2,391
- Mortgage only$4,850
Property tax · $593/mo 0.77% of value a year — the ACS 2020-2024 median bill over the median home value for Snohomish County, WA
Insurance & upkeep · $989/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Mill Creek, Snohomish County, Washington
Mill Creek is a city of 20,926 people in Snohomish County. Half its households earn more than $124,364 a year and half less, against $111,246 across Snohomish County; 6% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Snohomish County was 4.8% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Mill Creek is a small city in Snohomish County where households earn more than the county as a whole, and fewer residents live below the poverty line than you might expect. Most homes are lived in by their owners, though homes here cost well above what is typical for the country, and rents run high as well. A large share of adults hold a four-year degree, and the population is of middle age on the whole.
Work. Residents work mainly in schools, hospitals and social care, followed by professional and business services, manufacturing and shops. Many people commute a fair distance, but a good number work from home. Within the city itself, some of the largest workplaces are Town & Country Market, Lowe's and Albertsons, along with local contractors and service firms. Across Snohomish County, unemployment has held steady over the past year and the number of jobs has edged up slightly.
Things to do. Close by, the Snohomish River and the Sammamish River are both a short drive away, and the Future of Flight Aviation Center & Boeing Tour, a museum, is also a short drive. For a longer outing, the Space Needle, a well-known tourist attraction, lies a longer drive away in Seattle. Winters are cool and wet, with the coldest weather in December, while summers are mild and pleasant, warmest in August.
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- 8,682households
- 56%of adults have a degree
- 6%below the poverty line
- 33 mintypical commute
- 30%work from home
What residents work in
Employed residents by industry, from the Census survey. Snohomish County had 299,062 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 45° and lows near 36°; warmest in August, with highs near 73° and lows near 55°. About 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Everett Snohomish Airport weather station, 4 miles away (NOAA).
Largest workplaces in Mill Creek
- Lowe's Companies, INCHomecenter143
- Greater Seattle ConcreteFooting and foundation concrete contractors128
- AlbertsonsSupermarkets and other grocery stores121
- Total LandscapeLandscape care and maintenance services103
- Smart Solutions and LogisticsCouriers and express delivery services101
- Cogir of Mill CreekAssisted-living facilities with on-site nursing facilities94
- AlbertsonsSupermarkets and other grocery stores78
- North Creek RoofingRoofing contractors50
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 12 workplaces with 20 or more staff, 946 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Ice stormsrelatively high in parts of Mill CreekRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Mill Creek’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Snohomish County and the Seattle-Tacoma-Bellevue, WA metro.
Mill Creek home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Mill Creek$923,989
- Washington$587,533
- United States$366,157
Sellers are cutting prices on about 1 in 3 Mill Creek listings, and the typical home goes pending in 32 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Mill Creek37.47%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Mill Creek32
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Mill Creek92
New listings per month
Sellers arriving at the market.
- Mill Creek28
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Mill Creek$867,161
- United States$370,717
Zip codes with a Mill Creek address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Mill Creek — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.