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Milano, TX

Full City Profile · Texas · Milam County County

3.1 /5.0
B Good
555 Population 303/sq mi density
$65,357 Median Income $41,233 per capita
$80,300 Home Value $381,404 Zillow
$497 Median Rent 18.9% income on rent
68°F Avg Temperature 303 sunny days/yr
391 Violent Crime/100K 3,349 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,357 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$80,300 home value, $497/mo rent
F
Safety
1.0 / 5.0
391 violent crimes/100K (3% above avg)
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher

Housing Overview

Median Home Value
$80,300
72% below
US avg: $281,900
Median Rent
$497/mo
57% below
US avg: $1,163/mo
Homeownership Rate
83.7%
28% above US avg (65.4%)
Total Housing Units
269
Median year built: 1966

Home Value by Source

Census Median
$80,300
Zillow (ZHVI)
$381,404
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.7%
Owner-Occupied
16.3%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $497/mo

Affordability & Housing Stock

Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
83.7%

Complete Housing Data

Home Values

Census Median Value$80,300
Zillow Home Value (ZHVI)$381,404

Rent

Census Median Rent$497
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied83.7%
Renter-Occupied16.3%
Homeownership Rate83.7%
Total Housing Units269
Median Year Built1966
Rent Burden18.9%