Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of Illinois, Milan is a smaller city with a population of 5,001 residents. According to the most recent Census, 88% of Milan residents are White, 6% Black and 2% Asian. If you are not a fan of long commutes, you will enjoy living in Milan. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Milan could be a positive experience compared to other cities in Illinois if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, cost of living, commute, education, housing and other key data points, finding the best places to live in Milan and in the areas around Milan is a much easier task.
The livability score in Milan is 65/100 and the city is ranked in the 63rd percentile of all cities across America. There are nine total categories that form the livability score. Milan scores well for crime (A-), cost of living (A+), employment (B-) and housing (A+) On a less positive note, Milan does not have favorable ranks for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.
The unemployment rate in Milan has consistently declined over the years and currently stands well below the national average at 1.58%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Milan can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Milan is actually affordable. Median real estate prices in Milan come in at $114,600, which is 34.4% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Milan, the home price to income ratio is 2, which is 33.3% lower than the Illinois average.
| Statistic | Milan | Illinois | National |
| Average one way commute | 19min | 29min | 26min |
| Workers who drive to work | 83.1% | 73.4% | 76.4% |
| Workers who carpool | 4.7% | 8.3% | 9.3% |
| Workers who take public transit | 1.6% | 9.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.6% | 0.6% |
| Workers who walk | 8.9% | 3.1% | 2.8% |
| Working from home | 1.5% | 4.4% | 4.6% |
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