Milan Tennessee Real Estate
Milan, Tennessee, is located in Gibson County, 21 miles N of Jackson, Tennessee and 87 miles NE of Memphis, Tennessee. Milan has a population of 7,664.
Milan Homes
Milan properties pool is 3,193 residential properties including Milan new homes. Median age of real estate in Milan is 1965. Average Household size is 2.91 people. 1% are one bedroom homes, 28% are 2 bedroom homes, 55% are 3 bedroom homes, 14% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Milan Mortgage Statistics
Milan mortgages vs. USA median statistics
| Homes |
Milan |
USA |
| Homes With No Mortgage |
48% |
30% |
| Homes With Mortgage |
52% |
70% |
| First Mortgage Only |
41% |
54% |
| First & Second Mortgage or HELOC |
11% |
16% |
Milan Area Real Estate Tax
Milan Real estate Tax: Median Real Estate Taxes (2000) were $466 comparing to 1999 Median Family income $ 38,503. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Milan School District: Children make up 23.9% of Milan population. Milan has 1,829 under 18 years old residents, or 0.6 kids per one worker, or 0.57 kids per one household.
Milan Real Estate & Milan Homeownership
There are 989.83 or 31% one person households, 1085.62 or 34% two person households, and 574.74 or 18% three person households in Milan, Tennessee. Median residents age is 39.4, Senior citizens (65+) make up 1,613 or 21%% of Milan population.
There are 3,054 workers (over 16 years of age) in Milan. Of these, 96.43% drive to work. Approximately 0.16% of workers in Milan take public transportation. An estimated 1.34% walk to work.
Median Milan homeowner's housing expences are 15.3%
Crime in Milan (2003), crimes per 10,000 residents per year
| Type of Crime |
Milan |
USA, 2003 |
| Violent Crimes |
63.94 |
47.5 |
| Robberies |
5.22 |
14.2 |
| Aggravated Assaults |
54.8 |
29.5 |
| Property Crimes |
281.84 |
358.8 |
| Burglaries |
79.59 |
74.0 |
| Larceny-Thefts |
191.81 |
241.5 |
| Motor Vehicle Thefts |
10.44 |
43.3 |
Invest in Milan Properties
When making a decision about buying real estate in Milan Tennessee area, you should consider following statistical data:
| Category |
Milan |
USA |
| Near Medium City |
Jackson, Tennessee |
- |
| Near Large City |
Memphis, Tennessee |
- |
| Milan Zip Codes |
38358 |
- |
| Milan Area Codes |
731 |
- |
| White population |
75.38% |
75.1% |
| African-American population |
22.68% |
12.3% |
| Asian |
0.25% |
3.6% |
| American Indian & Alaskan |
0.2% |
0.9% |
| Hispanic (of any race) |
1.5% |
12.5% |
| Median Family Income (1999) |
$ 38,503% |
$42,000 |
| Population Below Poverty Level |
14.63% |
12.4% |
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