Median Age
40 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
26%
Over 65
20%
Avg Rent
$376
Population
8,288
Renter Mix
42% Rent
Situated in western Tennessee, Milan exudes a classic small-town vibe, complete with a historic downtown district and a close-knit community. Downtown Milan stretches along Main Street, with an array of government offices, schools, specialty shops, and the vintage Ritz Theatre all housed in historic buildings.
The Milan community comes together for a variety of events, including the Fall Folklore Jamboree, Christmas Parade, Farmers Market, and the Gibson County Fair. Milan also offers plenty of opportunities for outdoor recreation at Milan City Park and Gibson County Lake. Getting around from Milan is a breeze with convenience to U.S. 45E and U.S. 79.
Median Household Income
$49,481
Average: $71,890
Education
973
Residents Have a Degree
Job Market
3,418
Workers Employed
Median Age
40 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
26%
Over 65
20%
Housing Distribution
Milan has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Milan, TN is $376 for one bedroom, $449 for two bedrooms, and $516 for three bedrooms. Apartment rent in Milan has increased by 0.9% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Milan, TN is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
870 Students
Public
Grades K-8
579 Students
Public
Grades K-8
579 Students
Public
Grades 9-12
521 Students
Public
Grades 9-12
26 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.