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Milan, TN Area and Community Summary Information


Community Summary

Milan Tennessee
Community Characteristics
Population 7,329 6,066,922
Population Density 911 143
Educational Climate Index 4
Median Age 40.03 36.64
Median Dwelling Age 35 25
In Current Residence 5+ years 44 % 34 %
Median Home Sale Price $72,000
Average household Income $42,855 $54,070
Median Value of Home Equity $144,003 $164,344
Median Mortgage Debt $283,708 $327,967
Total Household Expenditure 76 88
Total Crime Risk 106 124
Weather Risk 79 73
Air Pollution Index 90 109
Median Travel Time to Work 17.04 20.45
     

Population Characteristics

Milan Tennessee
Population 7,329 6,066,922
Population Density 911 143
     
Male Population 3,297 2,977,767
Female Population 4,032 3,089,155
     
Population Change Since 1990 -2 % 24 %
Population Change Since 2000 -4 % 7 %
     

Age

Milan Tennessee
Median Age 40.03 36.64
     
Population: Age 0-4 484 395,292
Population: Age 5-9 406 379,266
Population: Age 10-14 461 384,732
Population: Age 15-19 468 400,663
Population: Age 20-24 465 412,621
Population: Age 25-29 457 416,263
Population: Age 30-34 417 419,714
Population: Age 35-39 401 425,388
Population: Age 40-44 510 449,648
Population: Age 45-49 500 458,333
Population: Age 50-54 441 429,523
Population: Age 55-59 412 384,943
Population: Age 60-64 398 314,730
Population: Age 65-69 346 242,502
Population: Age 70-74 348 195,777
Population: Age 75-79 316 149,768
Population: Age 80-84 257 108,299
Population: Age 85+ 241 99,460
     

Race Distribution

Milan Tennessee
Race: White 5,625 4,815,970
Race: American Indian, Eskimo, Aleut 23 16,582
Race: Asian or Pacific Islander 17 83,343
Race: Other 43 70,461
Race: Hawaiian / Pacific Islander 0 974
Race: Black 1,541 996,986
     

Hispanic Distribution

Milan Tennessee
Population: Hispanic 153 202,701
Population: Not Hispanic 7,176 5,864,221
     

Education

Milan Tennessee
Education: Less than 9th Grade 558 257,142
Education: Some High School 793 444,027
Education: High School Graduate 1,867 1,453,984
Education: Some College 943 774,031
Education: Associate Degree 137 242,416
Education: Bachelors Degree 520 597,667
Education: Graduate Degree 227 325,081
     

Marital Status

Milan Tennessee
Never Married 1,205 1,138,318
Now Married 3,028 2,659,660
Separated 270 223,195
Widowed 690 335,982
Divorced 779 549,736
     

Households

Milan Tennessee
Households 3,186 2,416,882
Average Household Size
     
Households: Family 2,073 1,624,831
Households: Non-Family 1,113 792,051
     
Households: With Children 917 825,983
Households: No Children 2,270 1,590,899
     

Housing Characteristics

Milan Tennessee
Median Dwelling Age 35 25
Median Home Sale Price $72,000
Average household Income $42,855 $54,070
Median Value of Home Equity $144,003 $164,344
Median Mortgage Debt $283,708 $327,967
     

Home Ownership

Milan Tennessee
Vacant Dwellings 266 296016
Owner-Occupied Dwellings 2001 1668351
Renter-Occupied Dwellings 1185 748531
     

Turnover

Milan Tennessee
In Current Residence 5+ years 44 % 34 %
Annual Residential Turnover 14 % 17 %
     
Median Years in Residence 4.33 3.41
     

Income Characteristics

Milan Tennessee
Median household income $36,733 $44,361
Average household Income $42,855 $54,070
Per capita income $19,691 $22,185
Median Disposable Income $32,367 $38,375
     

Income Growth

Milan Tennessee
Change in Avg. Household Income Since 1990 74 % 79 %
Change in Avg. Household Income Since 2000 19 % 22 %
     

Household Income

Milan Tennessee
Household Income: $0-$10,000 429 251,709
Household Income: $10,000-$15,000 180 129,704
Household Income: $15,000-$20,000 191 139,925
Household Income: $20,000-$25,000 215 150,132
Household Income: $25,000-$30,000 266 151,156
Household Income: $30,000-$35,000 241 139,649
Household Income: $35,000-$40,000 209 129,852
Household Income: $40,000-$45,000 203 133,339
Household Income: $45,000-$50,000 173 115,564
Household Income: $50,000-$60,000 324 227,707
Household Income: $60,000-$75,000 234 246,940
Household Income: $75,000-$100,000 258 263,821
Household Income: $100,000-$125,000 89 137,091
Household Income: $125,000-$150,000 63 70,609
Household Income: $150,000-$200,000 64 58,681
Household Income: $200,000-$250,000 19 19,928
Household Income: $250,000-$500,000 19 23,684
Household Income: $500,000+ 12 27,391
     

Median Income

Milan Tennessee
Median Income: Age < 25 $28,295 $29,033
Median Income: Age 25-34 $38,839 $42,771
Median Income: Age 35-44 $44,677 $50,130
Median Income: Age 45-54 $37,315 $55,546
Median Income: Age 55-64 $39,722 $48,367
Median Income: Age 65-74 $31,484 $35,773
Median Income: Age 75+ $30,152 $28,095
     

Cost of Living Index

Milan Tennessee
Total Household Expenditure 76 88
Contributions 71 85
Personal Insurance 71 85
Apparel 76 88
Education 69 84
Entertainment 75 88
Food And Beverages 78 89
Health Care 81 91
Household Furnishings And Equipment 73 87
Shelter 76 88
Household Operations 71 85
Miscellaneous Expenses 79 89
Personal Care 77 88
Reading 76 88
Tobacco 87 93
Transportation 77 89
Utilities 80 90
Gifts 71 85
     
Sales Tax Rate 10 %
     

Financial Characteristics

Milan Tennessee
Median Household Net Worth $108,442 $127,261
Average Household Net Worth $375,392 $435,224
Median Value of Home Equity $144,003 $164,344
Median Mortgage Debt $283,708 $327,967
     

Net Worth

Milan Tennessee
Net Worth: $0 or Less 403 287,880
Net Worth: $1-$5,000 466 329,399
Net Worth: $5,000-$10,000 232 169,324
Net Worth: $10,000-$25,000 393 294,506
Net Worth: $25,000-$50,000 417 318,828
Net Worth: $50,000-$100,000 518 394,323
Net Worth: $100,000-$250,000 596 459,893
Net Worth: $250,000-$500,000 229 178,870
Net Worth: Greater Than $500,000 114 94,316
     

Investments and Debt

Milan Tennessee
Median Value of Transaction Accounts $21,020 $23,953
Median Value of Certificates of Deposit $6,298 $6,587
Median Value of Savings Bonds $886 $1,006
Median Value of Bonds (Not US Savings) $8,258 $9,723
Median Value of Stocks $27,285 $32,160
Median Value of Mutual Funds $22,694 $26,762
Median Value of Retirement Accounts $49,107 $59,211
Median Value of Cash Value Life Ins $4,819 $5,464
Median Value of Other Managed Accounts $12,663 $14,359
Median Value of Other Financial Assets $3,435 $3,949
Median Value of Any Financial Assets $156,464 $183,174
Median Value of Vehicles Owned $14,934 $16,706
Median Value of Investment Property Equity $28,689 $33,616
Median Value of Business Equity $20,183 $23,299
Median Value of Other Non-Financial Assets $71,667 $85,204
Median Value of Any Non-Financial Assets $4,233 $4,798
Median Installment Loan Debt $48,108 $57,005
Median Lines of Credit Debt $5,457 $6,579
Median Credit Card Debt $469 $557
Median Investment Real Estate Debt $7,601 $8,284
Median Other Debt $12,407 $13,489
Median Total Debts $125,225 $151,329
     

Occupation

Milan Tennessee
     
Occupations: White Collar 3,500 2,162,300
Occupations: Blue Collar 1,577 712,721
     
Business Counts: Professional Specialty Occupations 638 417,241
Business Counts: Sales Professionals 97 74,580
Business Counts: Technologies and Technicians 198 110,453
Business Counts: Sales Workers and Clerks 368 280,381
Business Counts: Administrative Support 811 523,432
Business Counts: Technical, Sales and Administrative: Field Occupations 12 7,705
Business Counts: Private Household 1 127
Business Counts: Protective Services 87 40,032
Business Counts: Other Services: Site Based 698 371,712
Business Counts: Other Services: Field Based 26 16,517
Business Counts: Farming, Forestry, and Fishing 144 75,134
Business Counts: Precision, Craft, and Repair: Site Based 637 277,626
Business Counts: Construction, Repair and Mining: Field Based 173 90,363
Business Counts: Machine Operators, Assemblers and Inspectors 289 83,604
Business Counts: Transportation Materials Moving Workers 153 94,656
Business Counts: Handlers, Helpers and Laborers 181 91,338
     
Employees: Agricultural, Forestry, Fishing 18 24,789
Employees: Mining 6 3,586
Employees: Construction 196 138,026
Employees: Manufacturing 2,244 360,730
Employees: Transportation and Communications 53 138,267
Employees: Wholesale Trade 130 151,279
Employees: Retail Trade 727 621,947
Employees: Finance, Insurance and Real Estate 180 173,351
Employees: Services 1,379 1,078,225
Employees: Public Administration 148 184,924
     

Transportation & Commute

Milan Tennessee
Median Travel Time to Work 17.04 20.45
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 96 % 94 %
Transportation to Work: Walk / Bike / Other 3 % 2 %
Transportation to Work: Work at Home 1 % 3 %
     

Crime Risk

Milan Tennessee
Total Crime Risk 106 124
     
Personal Crime Risk 127 144
Murder Risk 171 118
Rape Risk 47 112
Robbery Risk 32 113
Assault Risk 216 163
     
Property Crime Risk 102 121
Burglary Risk 120 145
Larceny Risk 156 117
Motor Vehicle Theft Risk 43 102
     

Temperature & Rain

Milan Tennessee
Average January High Temperature 44.9 45.96
Average January Low Temperature 22.9 25.93
Average July High Temperature 89.6 88.19
Average July Low Temperature 65 66.13
     
Annual Precipitation 54.38 53.74
     

Weather Risk Index

Milan Tennessee
Weather Risk 79 73
Earthquake Risk 236 138
Hail Index 71 96
Hurricane Index 74 58
Tornado Index 82 82
Wind Index 108 117
     

Environmental Quality Index

Milan Tennessee
Air Pollution Index 90 109
Ozone Index 120 109
Carbon Monoxide Index 104 100
Lead Index 44 147
NO2 Index 95 97
Particulate Matter Index 86 93
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
38358
$38,697
Median Value of Home Equity
Zip
1
38358
$149,960
Fastest Growing (change since 2000)
Zip
1
38358
-2 %
Longest Commute
Zip
1
38358
18.5
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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