Last updated: 2024 BLS data · Page refreshed:
Milan has a population of 1,942 with a median age of 43.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,942 |
| Median Age | 43.7 |
| White | 97.6% |
| Asian | 0.3% |
| Hispanic or Latino | 3.9% |
The median household income in Milan is $59,286, which is 26.5% below the national median of $80,610. The per capita income is $28,936. The poverty rate is 15.0%.
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In Milan, 88.6% of residents age 25+ have a high school diploma or higher, and 8.4% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.6% |
| Bachelor's Degree or Higher | 8.4% |
| Graduate or Professional Degree | 4.4% |
The median home value in Milan is $157,400, below the national median of $303,400. The median monthly rent is $755. The homeownership rate is 82.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $157,400 |
| Median Monthly Rent | $755 |
| Homeownership Rate | 82.3% |
| Vacancy Rate | 4.4% |
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