Milan, NM demographics:
population, income, and more

Total population
2,327
-5.9% year-over-year change
Median household income
$36,133/yr
-3.8% year-over-year change
Housing units
1,065
-2.6% year-over-year change

Milan population

How many people live in Milan

Milan is home to 2,327 residents, according to the most recent Census data. Gender-wise, 60.5% of Milan locals are male, and 39.5% are female.

Total population
2,327
-5.9% year-over-year change
Gender ratio
Male
60.5%
1,407
Female
39.5%
920
Value Percent YoY change
Male 1,407 60.5% -0.7%
Female 920 39.5% -12.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Milan is 42, with the population distributed as follows: about 17.6% are children under 15, then 9% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.4% of the population, while another 30.2% fall into the 45 to 64 bracket. Finally, around 17.7% are 65 or older.

Median age
42.1
Age breakdown
Under 15
17.6%
15 to 24
9%
25 to 44
25.4%
45 to 64
30.2%
Over 65
17.7%
Value Percent YoY change
Under 15 410 17.6% 20.9%
15 to 24 210 9% -40.7%
25 to 44 592 25.4% -2.5%
45 to 64 704 30.2% -5.0%
Over 65 411 17.7% -4.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Milan, 96.4% of the population are US-born citizens, while 1% have gained naturalized citizenship. At the same time, 2.6% of residents are non-citizens. As for race, 20.4% of locals are Caucasian, 1.6% are African American and 5.5% have Asian roots. There’s also a share of 40.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.4%
Non-U.S.-born citizens
1%
Non-citizens
2.6%
Value Percent YoY change
U.S.-born citizens 2,243 96.4% -6.8%
Non-U.S.-born citizens 23 1% -25.8%
Non-citizens 61 2.6% 79.4%
Racial breakdown
White
20.4%
Black or African American
1.6%
American Indian and Alaska Native
31.5%
Asian
5.5%
Native Hawaiian and other Pacific Islander
0%
Two or more races
40.4%
Other
0.5%
Value Percent
White 475 20.4%
Black or African American 38 1.6%
American Indian and Alaska Native 733 31.5%
Asian 128 5.5%
Two or more races 941 40.4%
Other 12 0.5%

Households in Milan

A peek inside Milan households

Milan has 873 households, with an average of 2 members in each. Of these, 23.4% are families, while the remaining 76.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
873
-3.1% year-over-year change
Average people per household
2
Non-family households
669
Family households
204
Value Percent YoY change
Non-family households 669 76.6% 9.3%
Family households 204 23.4% -29.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Milan

The housing landscape of Milan

Milan's housing consists of 1,065 units, with 52.9% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 41.4% of the housing landscape.

Housing units
1,065
-2.6% year-over-year change
Housing types
Value Percent
1 unit, detached 563 52.9%
2 units 10 0.9%
3 or 4 units 51 4.8%
Mobile home 441 41.4%
Homes built since 2020
0
% year-over-year change

The age of buildings in Milan

In Milan, the median construction year is 1973. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 14 1.3% 40.0%
Built between 1950 and 1959 246 23.1% 9.8%
Built between 1960 and 1969 147 13.8% 8.9%
Built between 1970 and 1979 439 41.2% 1.9%
Built between 1980 and 1989 82 7.7% -3.5%
Built between 1990 and 1999 96 9% -26.1%
Built between 2000 and 2009 29 2.7% -58.6%
Built between 2010 and 2019 12 1.1% 33.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Milan occupancy rates

Out of the 873 occupied housing units in Milan, 68.4% are owner-occupied, while 31.6% are lived in by tenants. Meanwhile, 18% of all homes on the local market sit vacant.

Occupied housing units
873
-3.1% year-over-year change
Occupancy breakdown
Renter occupied
276
Owner occupied
597
Value Percent YoY
change
Renter occupied 276 31.6% -19.8%
Owner occupied 597 68.4% 7.2%
Unoccupied housing units
18.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Milan housing costs

Housing costs in Milan come to a median of $659 per month, while tenants specifically pay a median gross rent of $851.

Median housing costs per month
$659/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Milan
$851/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Milan

Milan education at a glance

About 66.1% of the population in Milan went to high school, while 20.9% pursued college studies. Another 3.5% earned an associate degree and 3.7% hold a bachelor’s. Meanwhile, 4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 34 1.8% -33.3%
High school diploma 1,215 66.1% -9.9%
College diploma 385 20.9% -0.3%
Associate degree 64 3.5% -16.9%
Bachelor's degree 68 3.7% -47.3%
Graduate degree 73 4% 73.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Milan

How much people earn in Milan

The average annual household income in Milan was $53,578 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +8.5% change from the previous year. At the same time, the median income stood at $36,133, reflecting a -3.8% shift over the same period.

Average household income in Milan
$53,578/year
8.5% year-over-year change
Median household income in Milan
$36,133/year
-3.8% year-over-year change

Milan income by age

In Milan, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $41,078. Overall, 68.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $41,078 4.3%
Over 65 $25,694 11.9%
Above poverty level
1,462
Below poverty level
665
Value Percent YoY
change
Above poverty level 1,462 68.7% -14.3%
Below poverty level 665 31.3% 9.4%

Average renter income in Milan

To get a better sense of what renters earn on average in Milan, their median household income was $36,017 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 28.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$36,017
Rent-to-income ratio
28.4%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Milan

Workforce and job types in Milan

The job market in Milan is powered by 712 working residents, spread across a range of industries and roles. 80.3% of the working population are employed in professional or administrative positions, while 19.7% are in hands-on or service-based jobs. Also, 21.2% run their own businesses, 38.1% are employed by private companies, and 20.2% work in the public sector.

Workforce demographics

Working population
712
8.5% year-over-year change
White collar
572
Blue collar
140
Value Percent YoY change
White collar 572 80.3% 12.4%
Blue collar 140 19.7% -4.8%
Employer type
Self employees
21.2%
Private companies
38.1%
Governmental workers
20.2%
Not for profit companies
20.5%
Value Percent YoY change
Self employees 151 21.2% 10.2%
Private companies 271 38.1% 17.3%
Governmental workers 144 20.2% -20.4%
Not for profit companies 146 20.5% 36.5%
Unemployment rate
3.6%
-12.9% year-over-year change

Available workforce

The unemployment rate in Milan stands at 3.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Milan

How people get around in Milan

Commuting methods vary: 94.2% of residents travel by personal vehicle and 2.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 671 94.2% 4.3%
Walk 18 2.5% N/A
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Milan by zipcode?

Zipcode Population Number of households Median income Average income
87021 2,871 1,022 $40,129 $55,120

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FAQs about Milan demographics 

What is the total population of Milan?

Milan has a total population of 2,327 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -5.9% compared to a year ago.

What is the gender ratio in Milan?

The gender ratio in Milan is as follows:
  • 60.5% males (1,407 residents)
  • 39.5% females (920 residents)

What is the median age in Milan?

The median age in Milan is 42.1.

What is the age distribution of the population in Milan?

The age distribution in Milan is as follows:
  • Under 15: 17.6% (410 residents)
  • Ages 15-24: 9% (210 residents)
  • Ages 25-44: 25.4% (592 residents)
  • Ages 45-64: 30.2% (704 residents)
  • Over 65: 17.7% (411 residents)

What is the racial and ethnic makeup of Milan?

The racial and ethnic makeup of Milan is as follows:
  • White: 20.4% (475 residents)
  • Black or African American: 1.6% (38 residents)
  • American Indian and Alaska Native: 31.5% (733 residents)
  • Asian: 5.5% (128 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 40.4% (941 residents)
  • Other: 0.5% (12 residents)

What percentage of the population in Milan are U.S.-born citizens?

U.S.-born citizens represent 96.4% of the population in Milan.

How many housing units are there in Milan?

There are 1,065 housing units in Milan, reflecting a -2.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Milan and what is the average household size?

Milan has a total of 873 households, with an average of 2 people in each.

What is the median household income in Milan?

Milan has a median household income of $36,133, representing a -3.8% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Milan?

The employment rate is 96.4% in Milan, with a workforce of 712 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 80.3% (572 residents)
  • Blue-collar workers: 19.7% (140 residents)

Places of employment:
  • Self-employed: 21.2% (151 residents)
  • Private companies: 38.1% (271 residents)
  • Governmental workers: 20.2% (144 residents)
  • Not-for-profit companies: 20.5% (146 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025