Milan, MI
5,987Residents
$96,949Median household income
$1,162/moMedian gross rent
$247,100Median home value
38.1Median age
37%Adults with a bachelor’s degree or higher
68%Homes lived in by their owners
2.5×Home value to household income
Median rent takes about 14% 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 $46,000 a year. In Michigan that leaves roughly $3,099 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.