Milan, MN

Full City Profile · Minnesota · Swift County County

3.1 /5.0
B Good
498 Population 732/sq mi density
$50,625 Median Income $23,332 per capita
$70,000 Home Value $79,730 Zillow
$1,102 Median Rent 16.1% income on rent
46°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$50,625 median income, 16.2% unemployment
A+
Affordability
5.0 / 5.0
$70,000 home value, $1,102/mo rent
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher

Milan, MN

At a Glance

Median Income
$50,625
33% below
$23,332 per capita
Home Value
$70,000
75% below
Zillow: $79,730
Median Rent
$1,102/mo
5% below
16.1% of income on rent
Bachelor's Degree+
17.4%
48% below
74.8% high school+
Unemployment
16.2%
350% above
25.8% poverty rate
Obesity Rate
45.8%
43% above
16.8% smoking rate
Avg Temperature
46°F

How Milan Compares to the U.S. Average

Each bar shows Milan's value as a percentage of the national average (100% = U.S. avg)

Income
67%
Home Value
25%
Rent
95%
Poverty
208%
Bachelor's
52%
Unemployment
450%
Thin vertical line = U.S. national average (100%)

Is Milan a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Milan residents earn a median household income of $50,625 , which is 33% below the national average of $75,149. Per capita income is $23,332. The unemployment rate stands at 16.2% (350% above the U.S. rate of 3.6%). 25.8% of residents live below the poverty line. The area is home to 366 business establishments, including 25 restaurants.

Housing & Cost of Living

The median home value in Milan is $70,000 , 75% below the national median of $281,900. Zillow estimates the typical home at $79,730. Median rent is $1,102/month, with 16.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1938.

Education

17.4% of adults in Milan hold a bachelor's degree or higher (48% below the national average). 74.8% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Milan has an average annual temperature of 46°F (8°C). Winters average 14°F in January while summers reach 73°F in July. Annual precipitation totals 27.4 inches.

Data Overview

People

Population498
Median Age31.2 yrs
Density732/mi²
Male / Female50% / 50%
Foreign Born34.7%
Veterans5.2%

Economy

D
Median Income$50,625
Per Capita$23,332
Unemployment16.2%
Poverty25.8%
County GDP$800M
Avg Weekly Wage$1,075

Housing

A+
Home Value$70,000
Rent$1,102
Ownership77.8%
Zillow$79,730
Housing Units162
Rent Burden16.1%

Health

Obesity45.8%
Diabetes12.7%
Smoking16.8%
Heart Disease6.4%
Premature Death7,978/100K

Climate

Avg Temp46°F
Rain27.4 in/yr
Elevation1,006 ft

Education

C
Bachelor's+17.4%
High School+74.8%
Graduate+2.9%
School Score5.9/10

Community

2024 VoteR 66% / D 32%
Commute36 min
Broadband82.6%
Internet Speed119 Mbps
EV Stations2
Libraries3

Did You Know?

Milan was founded in 1879.
The median home in Milan was built in 1938.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (46 miles).
The Gini coefficient (income inequality) is 0.459 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
13.1% of the population has a disability.
34.7% of residents are foreign-born.
Average internet download speed is 119 Mbps.
The county recorded 1 fatal vehicle crashes.