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All about

Milan, IL

Milan, a small town in Illinois, has a population of just over 5,000. Retirees are common, as they make up 20% of the population compared to 14% nationally, while young adults account for a smaller percentage of the town. Overall, the town's population, at an average age of just under 42, skews older than most cities in Illinois. The majority of Milan residents own their homes, and 37% of residents rent. Renters in the town benefit from a relatively low average rent of $666 a month, which is $385/month less than the state average.

Compared to the national average (5%), Milan has a relatively high concentration of residents over the age of 25 who possess an Associate's degree (7%). Further, 11% possess a Bachelor's, Master's, Professional, or Doctoral degree. There are three primary industries in Milan: retail, healthcare, and manufacturing. Together, these industries account for 22% of the town's workforce. Meanwhile, looking at job function, many of the town's workers are in sales, as 8% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of about $55K, Milan workers bring in around $23,000 less than the average Illinois resident. Milan's average income also falls below the national average of $73,345.

With an average commute time of about 21 minutes, outperforming most cities in the state, Milan residents know that getting to work isn't overly time-consuming. Driving a vehicle is the most common means of commuting to work, opted for by 44% of residents, while public transportation is not extensively used. Not many commuters walk to work.

Average Rent in Milan

Studio1 Bed2 Bed3 Bed
Dec 19$960$1,014$1,336
Oct 199871,0501,437
Sep 198959701,195
Aug 198959701,195
Jul 198959701,195
Jun 198959701,195
May 198959701,195
Apr 198959701,195
Mar 198959701,195
Feb 198959701,195
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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