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The Census reported that 123,577 people (99.5% of the population) lived in households, 482 (0.4%) lived in non-institutionalized group quarters, and 178 (0.1%) were institutionalized.There were 41,237 households, out of which 16,765 (40.7%) had children under the age of 18 living in them, 24,824 (60.2%) were opposite-sex married couples living together, 4,659 (11.3%) had a female householder with no husband present, 2,214 (5.4%) had a male householder with no wife present.16.82% of the population are Hispanic or Latino of any race.There are 36,421 households out of which 42.5% have children under the age of 18 living with them, 63.9% are married couples living together, 10.7% have a female householder with no husband present, and 20.5% are non-families.93,181 people (75.0% of the population) lived in owner-occupied housing units and 30,396 people (24.5%) lived in rental housing units.

Simi Valley is presently known as the home of the Ronald Reagan Presidential Library, where the former president was laid to rest following his death in 2004.

There were 1,975 (4.8%) unmarried opposite-sex partnerships, and 291 (0.7%) same-sex married couples or partnerships.

7,087 households (17.2%) were made up of individuals and 3,013 (7.3%) had someone living alone who was 65 years of age or older. There were 31,697 families (76.9% of all households); the average family size was 3.33. For every 100 females age 18 and over, there were 94.4 males.

The population was spread out with 31,036 people (25.0%) under the age of 18, 11,088 people (8.9%) aged 18 to 24, 33,890 people (27.3%) aged 25 to 44, 35,046 people (28.2%) aged 45 to 64, and 13,177 people (10.6%) who were 65 years of age or older. There were 42,506 housing units at an average density of 1,006.1 per square mile, of which 30,560 (74.1%) were owner-occupied, and 10,677 (25.9%) were occupied by renters.

The homeowner vacancy rate was 1.2%; the rental vacancy rate was 4.6%.

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14.7% of all households are made up of individuals and 4.9% have someone living alone who is 65 years of age or older.