Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.5 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 41.0% ≈ Avg |
| Unemployment | 5.4% ▲ 10% above avg |
| No HS Diploma | 149 (1.6%) |
| HS Graduate | 2,240 (23.4%) |
| Some College | 1,560 (16.3%) |
| Associates | 1,709 (17.8%) |
| Bachelors | 936 (9.8%) |
| Graduate Degree | 2,997 (31.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,383 ▲ 30% above avg |
|---|---|
| Median Home Value | $251,800 ▼ 10% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,097/mo |
| Total Housing Units | 5,224 |
| Vacant Units | 276 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milan is a city in Michigan, located in Monroe County. The city spans 1 ZIP code and is home to approximately 14,308 residents. It is a middle-aged city, with a median age of 40.5 years.
Economically, Milan is a middle-income community. The median household income of $99,383 is above the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.
The real estate market in Milan is a mid-range housing market. Median home values stand at $251,800, which is near the national average. Renters typically pay around $1,097 per month. Homeownership is high at 81.7%, typical of suburban and family-oriented communities.
The population of Milan is well-educated. 41.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (82.42%).
Milan, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48160 | 14,308 | $99,383 | $251,800 | $1,097 | 5.4% | 41.0% | 81.7% |