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ZipNumbers

Minnesota · Census place 42146

Milan city, MN

Quick answer

Milan city has 498 residents, ranking #500 of 914 places in Minnesota. Median household income is $50,625, the median home is worth $70,000 and median gross rent runs $1,102 a month.

Population
498Milan city residents
Median household income
$50,625Past 12 months, inflation adjusted
Median home value
$70,000Owner-occupied units
Median gross rent
$1,102Rent plus utilities, monthly
Median age
31.2 yrsAll residents
Homeownership rate
77.8%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 26.1% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 29.6% of residents and 77.8% 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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