Last updated: 2024 BLS data · Page refreshed:
Milan has a population of 5,987 with a median age of 38.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,987 |
| Median Age | 38.1 |
| White | 87.2% |
| Black or African American | 1.8% |
| Asian | 0.2% |
| Hispanic or Latino | 5.5% |
| Other / Two or More Races | 5.3% |
The median household income in Milan is $96,949, which is 20.3% above the national median of $80,610. The per capita income is $44,858. The poverty rate is 10.4%.
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In Milan, 93.4% of residents age 25+ have a high school diploma or higher, and 37.3% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.4% |
| Bachelor's Degree or Higher | 37.3% |
| Graduate or Professional Degree | 14.3% |
The median home value in Milan is $247,100, below the national median of $303,400. The median monthly rent is $1,162. The homeownership rate is 68.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $247,100 |
| Median Monthly Rent | $1,162 |
| Homeownership Rate | 68.4% |
| Vacancy Rate | 6.4% |
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