Milan village, Illinois Demographics & Population 2026
As of 2026, Milan village, Illinois has a total population of 5,037, the 336th largest city in Illinois, with a median household income of $61,188, which is 25% lower than the state average. The poverty rate is 15.2%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 1.2%.
Milan village Quick Facts
How Milan village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Milan village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Milan village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hoopeston city | 5,039 | $55,180 | $63,400 | 8.2% | 15.3% |
| Pinckneyville city | 5,055 | $55,000 | $117,100 | 12.0% | 13.0% |
| Eureka city | 5,095 | $55,172 | $154,600 | 31.9% | 13.9% |
| Wilmington city | 5,507 | $63,514 | $216,400 | 21.9% | 11.3% |
| Coal City village | 5,145 | $73,030 | $211,600 | 24.9% | 4.7% |
Population Overview
Milan village is a small city located in Illinois. The total population is 5,037. It ranks as the 336th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Milan village is 36.5 years. This is 6% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Milan village is $61,188. This is 25% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 15.2%. This is 29% higher than the state poverty rate of 11.7%. The unemployment rate is 1.2%. This is 79% lower than the state rate of 5.8%. The median home value is $120,300. Housing costs are 52% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Milan village is one of the most affordable housing markets in the area. 67.3% of occupied housing units are owner-occupied.
Race & Ethnicity
The largest racial or ethnic group in Milan village is White (non-Hispanic), making up 84.0% of the population. Hispanic or Latino residents account for 9.4%. The Black or African American population (1.8%) is well below the state average of 13.6%. The Asian population (0.9%) is well below the state average of 5.8%.
Education
24.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.
Data Sources & Methodology
All demographic data for Milan village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Milan village, Illinois?
Milan village, Illinois has a population of 5,037 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Milan village, IL?
The median household income in Milan village is $61,188, which is 22% lower the national median of $78,538.
What is the poverty rate in Milan village, IL?
The poverty rate in Milan village is 15.2%. This means approximately 759 residents live below the federal poverty line.
What is the racial makeup of Milan village, Illinois?
Milan village's population is 84.0% White, 1.8% Black, 9.4% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Milan village, IL?
The median home value in Milan village is $120,300. The home-value-to-income ratio is 2.0x.
How educated is Milan village, Illinois?
24.1% of adults (25+) in Milan village hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.