Missouri · Census place 48062
Milan city, MO
Quick answer
Milan city has 1,883 residents, ranking #280 of 1082 places in Missouri. Median household income is $52,647, the median home is worth $89,700 and median gross rent runs $699 a month.
- Population
- 1,883Milan city residents
- Median household income
- $52,647Past 12 months, inflation adjusted
- Median home value
- $89,700Owner-occupied units
- Median gross rent
- $699Rent plus utilities, monthly
- Median age
- 44.3 yrsAll residents
- Homeownership rate
- 57.7%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 15.9% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.5% of residents and 57.7% 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 Missouri.
- Holden city 1,936
- Winchester city 1,914
- Hamilton city 1,909
- Memphis city 1,860
- Albany city 1,855
- Weston city 1,852
- Huntsville city 1,806
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More Missouri coverage.