Illinois · Census place 49009
Milan village, IL
Quick answer
Milan village has 5,037 residents, ranking #336 of 1462 places in Illinois. Median household income is $61,188, the median home is worth $120,300 and median gross rent runs $817 a month.
- Population
- 5,037Milan village residents
- Median household income
- $61,188Past 12 months, inflation adjusted
- Median home value
- $120,300Owner-occupied units
- Median gross rent
- $817Rent plus utilities, monthly
- Median age
- 36.5 yrsAll residents
- Homeownership rate
- 67.3%Owner-occupied households
What the numbers mean in Milan village
Housing cost measured against local earnings.
A household earning the Milan village median would spend about 16% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.1% of residents and 67.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Eureka city 5,095
- Pinckneyville city 5,055
- Hoopeston city 5,039
- South Barrington village 5,004
- Robbins village 4,956
- Carmi city 4,879
- Flora city 4,860
Keep going
More Illinois coverage.