Living in Milan, Michigan
Cost of living, income, home prices, rent and demographics of Milan · Census data 2020–2024
Milan has 5,987 residents with a median age of 38.1. The median household income is $96,949 (33% higher than the Michigan median), the median home value is $247,100, the median rent is $1,162/month.
Milan at a glance
- Population
- 5,987
- Median age
- 38.1State: 40.2
- Median household income
- $96,949State: $72,875
- Median home value
- $247,100State: $231,600
- Median rent
- $1,162/moState: $1,129
- Homeowners
- 68.4%
- Bachelor's degree or higher
- 37.3%
- Average commute
- 29 min
Is Milan a good place to live?
Pros: Median household income 33% higher than the Michigan median; a poverty rate of 10.4%.
Cons: Home values 7% higher than the state median; an average commute of 29 minutes; unemployment of 5.8%.
The weather is best in June to September.
Cost of living in Milan
Housing is the biggest part of the cost of living. In Milan the median home value is $247,100, 26% lower than the U.S. median. Renters pay a median of $1,162 per month, which is 36.2% of household income. Homeowners with a mortgage pay $1,685 a month in housing costs.
Milan median household income
The median household income in Milan is $96,949 and the income per person is $44,858. 10.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in Milan: homes for sale and rent
- Housing units
- 2,782
- Owner-occupied
- 68.4%
- Renter-occupied
- 31.6%
- Vacant
- 6.4%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.30
Milan demographics
- Population
- 5,987
- Median age
- 38.1
- Under 18
- 19.6%
- 65 and older
- 16.6%
- Households
- 2,605
- Foreign-born
- 2.4%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Milan ›
Education in Milan
37.3% of adults 25 and older in Milan have a bachelor's degree or higher (Michigan: 32.4%), and 14.3% have a graduate or professional degree.
Jobs and commute in Milan
- Unemployment rate
- 5.8%State: 5.7%
- Average commute
- 29 minState: 24 min
- Work from home
- 13%
- Drive alone
- 72.9%
- Public transit
- 0.7%
- Walk to work
- 6.3%
- Homes with broadband
- 88.3%
Milan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milan | 5,987 | $96,949 | $247,100 | $1,162 |
| Saline | 9,006 | $88,346 | $341,300 | $1,054 |
| Dundee | 5,744 | $78,837 | $257,300 | $1,242 |
| Britton | 652 | $86,250 | $161,100 | $788 |
| Maybee | 634 | $54,706 | $251,000 | $943 |
| Ypsilanti | 19,857 | $46,588 | $232,700 | $1,080 |
| Petersburg | 1,179 | $83,235 | $215,500 | $1,012 |
| Belleville | 3,910 | $62,991 | $148,300 | $1,079 |
| Ann Arbor | 122,036 | $82,212 | $453,400 | $1,649 |
More for people moving to Milan
Milan ZIP code ›Weather and climate ›Living in Milan: FAQ
What is the median household income in Milan, MI?
The median household income in Milan is $96,949, 33% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milan?
The median home value in Milan is $247,100, compared with $231,600 in Michigan.
How much is rent in Milan?
The median gross rent in Milan is $1,162 per month, about 36.2% of household income.
Is Milan, MI a good place to live?
Pluses: median household income 33% higher than the Michigan median; a poverty rate of 10.4%. Minuses: home values 7% higher than the state median; an average commute of 29 minutes; unemployment of 5.8%.
What is the median age in Milan?
The median age in Milan is 38.1 years (Michigan: 40.2).
How long is the commute in Milan?
The average commute to work in Milan is 29 minutes; 13% of workers work from home.
What is the unemployment rate in Milan?
The unemployment rate in Milan is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milan?
37.3% of adults in Milan have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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