Milan, MO
Population 1,883 · Missouri
About Milan, MO
Milan is a small community in Missouri with a population of 1,883 residents. The median household income is $52,647 per year, which is near the national average. The median age in Milan is 44.3 years.
Housing in Milan has a median home value of $89,700 and median monthly rent of $699. Of the 887 total housing units, the majority are owner-occupied, with 382 owner-occupied and 280 renter-occupied units.
The unemployment rate in Milan is 5.6% and the poverty rate is 12.5%. 15.0% of residents hold a bachelor's degree or higher. The average commute time is 14.2 minutes.
Cost of Living in Milan, MO
Compared to national averages, Milan has a median household income of $52,647 (30% below the national median of $75,149). Home values average $89,700, which is 63% below the national median. Monthly rent at $699 is 40% below the US average of $1,163. Within Missouri, Milan's income is 14% below the state average of $61,047, and home values are 41% below the state median of $150,786.
Why Live in Milan, MO?
Milan offers affordable housing with a median home value of $89,700, below the US average of $244,900, and rent that’s lower than the national average at $699/month, and short commute times averaging just 14.2 minutes.
Potential considerations include median household income ($52,647) that falls below the national average. However, Milan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milan has a population of 1,883 with a median age of 44.3 years. Compare Milan with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Milan
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Memphis | 1,860 | $49,598 | $117,200 | Compare |
| Hamilton | 1,909 | $56,548 | $139,200 | Compare |
| Albany | 1,855 | $46,905 | $96,700 | Compare |
| Weston | 1,852 | $91,625 | $246,000 | Compare |
| Winchester | 1,914 | $87,344 | $209,300 | Compare |
| Holden | 1,936 | $68,324 | $132,400 | Compare |
| Seneca | 1,938 | $49,821 | $112,300 | Compare |
| Huntsville | 1,806 | $52,266 | $101,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Milan
What is the population of Milan, MO?
The population of Milan, MO is 1,883 according to the latest Census data.
What is the median household income in Milan?
The median household income in Milan, MO is $52,647 per year.
What is the median home value in Milan?
The median home value in Milan, MO is $89,700.
What is the average rent in Milan?
The median monthly rent in Milan, MO is $699.
What is the unemployment rate in Milan?
The unemployment rate in Milan, MO is 5.6%.