Milan, IN
1,942Residents
$59,286Median household income
$755/moMedian gross rent
$157,400Median home value
43.7Median age
8%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
2.7×Home value to household income
Median rent takes about 15% of the median household income in Milan.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $30,000 a year. In Indiana that leaves roughly $2,115 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.