Milan, IN Housing Market & City Data

Explore key insights and real experiences from people who call Milan home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

1,848
Population Estimate
$109,094
Median Home Value
92.4%
Employment Rate
10.9%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$153
Median Listing Price$287,400
Median Days on Market50
Active Listings10
New Listings6
Total Listings (Active + Pending)11
Avg Listing Price$317,332
Avg Listing Price Change MoM16%
Avg Listing Price Change YoY-4%

HOUSEHOLD OVERVIEW

Family Size3.27
Family Dual Income45.2
Median Household Income$43,826
Median Individual Income$23,533
Home Ownership62.9%
Home Value$109,094
Median Rent$770
Rent Burden30.0%
Poverty16.7%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED18.7%
  • Highschool Education40.6%
  • Some College29.6%
  • Bachelors Degree6.9%
  • Graduate Degree4.0%
  • Total College or Above10.9%
  • Stem Degree15.6%

GENDER BREAKDOWN

  • Male49.3%
  • Female50.7%

MARITAL STATUS

  • Married41.0%
  • Divorced14.8%
  • Never Married33.8%
  • Widowed10.4%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityMilan
State IDIN
Population1,848

AGE BREAKDOWN

Age Group% of Population
Under 1826.6%
19–2915.1%
30–3911.0%
40–499.8%
Age Group% of Population
50–5912.7%
60–699.9%
70–797.6%
80+7.4%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation54.9%
Unemployment Rate7.6%
Disabled18.5%

ETHNICITY

White95.3%
Black0.0%
Asian1.5%
Native American0.7%
Pacific Islander0.0%
Other0.9%
Multiple1.5%

OTHER

Hispanic0.7%
Limited English0.0%
Health Uninsured11.2%
Veteran9.8%

Local Discussions

Community questions and conversations about living in Milan, IN.

  1. Is Milan, IN a good place to buy a house?

    Local perspectives on Milan home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Milan, IN for families?

    Local insights on Milan neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Milan, IN housing market?

    Local insights on Milan home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Milan, IN?

    Compare Milan home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Milan, IN?

    Explore Milan neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Milan, IN?

    Learn how Milan home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Milan, IN?

    Learn how Milan property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Milan, IN for first-time home buyers?

    Explore Milan neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Milan, IN?

    Local perspectives on Milan neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Milan, IN?

    What newcomers should know about Milan housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Milan, IN

Neighborhoods in Milan, IN

No neighborhoods were found in the current property sample.