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ZipNumbers

Michigan · Census place 53920

Milan city, MI

Quick answer

Milan city has 6,070 residents, ranking #157 of 745 places in Michigan. Median household income is $93,016, the median home is worth $233,700 and median gross rent runs $1,083 a month.

Population
6,070Milan city residents
Median household income
$93,016Past 12 months, inflation adjusted
Median home value
$233,700Owner-occupied units
Median gross rent
$1,083Rent plus utilities, monthly
Median age
37.2 yrsAll residents
Homeownership rate
70.3%Owner-occupied households

What the numbers mean in Milan city

Housing cost measured against local earnings.

A household earning the Milan city median would spend about 14% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 70.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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