A vehicular camera assembly for a vehicle vision system includes front and rear housing members, a lens assembly and a circuit board. An imaging element is disposed on a first side of the circuit board and a plurality of electrical connectors is disposed on a second side of the circuit board. The front housing member includes a lens assembly receiving portion and a circuit board attachment portion. With the circuit board attached at the front housing member and with the lens assembly received at the lens assembly receiving portion, the lens assembly and the imaging element are distanced from one another, and images are focused on the imaging element by the lens assembly. The front housing member and the rear housing member are configured to be attached together. With the front and rear housing members attached together, outer walls of the front and rear housing members enclose the circuit board.