Error while attaching theme Milpitas local real estate | Realty One Group
(925) 549-0314
(925) 549-0314
(925) 549-0314

Milpitas, located within the Silicon Valley!

Milpitas, whose name in Spanish means "little cornfields," was until the mid-20th century primarily a farming and livestock community. Incorporated in 1954, Milpitas experienced a period of massive residential and shopping development lasting through the ensuing two decades. Between 1970 and the turn of the 21st century, the city's population increased ten-fold, largely due to the onset of high-tech computer industries populating the surrounding Silicon Valley area. Today the city is home to several of these high-tech corporations, including Solectron Corporation, Cisco Systems, Seagate Technology, Lifescan, Inc. and many others.


ECONOMY

The unemployment rate in Milpitas is 2.7% (U.S. avg. is 3.9%). Recent job growth is Positive. Milpitas jobs have increased by 2.5%

COST OF LIVING

Compared to the rest of the country, Milpitas's cost of living is 116.7% higher than the U.S. average.

WEATHER & CLIMATE

August, July, and September are the most pleasant months in Milpitas, while December and January are the least comfortable months.


POPULATION
Milpitas's population is 75,498 people. Since 2010, it has had a population growth of 15.9%.

EDUCATION
Milpitas public schools spend $10,277 per student. The average school expenditure in the U.S. is $12,383. There are about 24.6 students per teacher in Milpitas.

TRANSPORTATION
Average Commute time is 27.1 minutes. The National Average is 26.4 minutes.

REAL ESTATE
The median home cost in Milpitas is $1,026,700. Home appreciation in the last 10 years has been 8.2%.

Area Overview

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