Last updated: 2024 BLS data · Page refreshed:
Milan has a population of 1,774 with a median age of 40.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,774 |
| Median Age | 40.4 |
| White | 93.2% |
| Black or African American | 0.6% |
| Asian | 0.2% |
| Hispanic or Latino | 3.4% |
| Other / Two or More Races | 2.6% |
The median household income in Milan is $97,973, which is 21.5% above the national median of $80,610. The per capita income is $37,968. The poverty rate is 7.1%.
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In Milan, 96.8% of residents age 25+ have a high school diploma or higher, and 26.7% hold a bachelor's degree or higher (15.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.8% |
| Bachelor's Degree or Higher | 26.7% |
| Graduate or Professional Degree | 15.5% |
The median home value in Milan is $193,100, below the national median of $303,400. The median monthly rent is $973. The homeownership rate is 79.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $193,100 |
| Median Monthly Rent | $973 |
| Homeownership Rate | 79.3% |
| Vacancy Rate | 7.4% |
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