HomeNew MexicoCibola CountyMilan
Milan, New Mexico: commercial real estate data.
Milan is a Census village of 2,327 people across 4.41 square miles of land, in Cibola County. Median household income is $36,133, 68.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $689,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Milan
What Milan is
- Census place typevillage
- Land area4.41 sq mi
- Water area0 sq mi
- Population per square mile of land528 plus or minus 171
- County holding the largest share of its areaCibola County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
How many people live in Milan
- Population2,327 plus or minus 756
- Median age42.1 plus or minus 17.1
- Population under 18488 plus or minus 241
- Share under 1821.0 percent plus or minus 7.8
- Population 65 and over411 plus or minus 189
- Share 65 and over17.7 percent plus or minus 5.7
- Households873 plus or minus 289
- Family households204 plus or minus 94
- Share of households that are families23.4 percent plus or minus 7.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
Income and work in Milan
- Median household income$36,133 plus or minus $20,036
- Per capita income$23,641 plus or minus $11,341
- Civilian labor force739 plus or minus 347
- Employed712 plus or minus 349
- Unemployed27 plus or minus 45
- Unemployment rate3.7 percent plus or minus 5.8
- Adults 25 and over1,707 plus or minus 578
- Adults 25 and over with a high school diploma or higher72.3 percent plus or minus 17.1
- Adults 25 and over with a bachelor degree or higher8.3 percent plus or minus 4.6
- Adults 25 and over with a graduate degree4.3 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
Housing in Milan
- Housing units1,065 plus or minus 277
- Occupied units873 plus or minus 289
- Vacant units192 plus or minus 70
- Vacancy rate18.0 percent plus or minus 4.6
- Owner occupied597 plus or minus 280
- Renter occupied276 plus or minus 129
- Ownership rate68.4 percent plus or minus 22.7
- Median owner-occupied home value$75,500 plus or minus $46,787
- Median gross rent, monthly$851
- Annual rent as a share of median income28.3 percent plus or minus 16.5
- Single family units563 plus or minus 276
- Share single family52.9 percent plus or minus 22.0
- Units in buildings of two or more61 plus or minus 80
- Share in buildings of two or more5.7 percent plus or minus 7.4
- Mobile homes441 plus or minus 138
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
How Milan gets to work
- Workers 16 and over who commute689 plus or minus 339
- Commuting under 15 minutes346 plus or minus 249
- Share commuting under 15 minutes50.2 percent plus or minus 26.3
- Commuting 30 minutes or more94 plus or minus 72
- Share commuting 30 minutes or more13.6 percent plus or minus 8.0
- Drove alone89.0 percent
- Carpooled5.2 percent plus or minus 2.4
- Public transport0.0 percent
- Walked2.5 percent plus or minus 4.3
- Worked from home3.2 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
SBA loans in Milan (7(a))
- Approvals1
- Gross approval$689,000
- Average approval$689,000
- Median approval$689,000
- Largest approval$689,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Milan, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Milan
SBA loans in Milan (504)
- Approvals1
- Gross approval$110,000
- Average approval$110,000
- Median approval$110,000
- Largest approval$110,000
- Jobs supported2
- Loans with a final outcome1
- Charged off0
- Median term120 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Milan, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Milan
Flood risk in Milan
- NFIP communityVillage of Milan
- NFIP community number350093
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/17/10
The Village of Milan participates in the National Flood Insurance Program as community 350093 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cibola County, not Milan
Cibola County context, not Milan figures
- Establishments in Cibola County288
- Covered employment, Cibola County7,226
- Average annual pay, Cibola County$48,565
Every figure in this section is published for Cibola County as a whole and is not a measurement of Milan.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Milan questions, answered from the record.
How many people live in Milan, New Mexico?
2,327, in 873 households. Milan village covers 4.41 square miles of land, which is 528 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Milan in?
Cibola County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Milan?
$36,133. The median owner-occupied home is valued at $75,500. Median gross rent is $851 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Milan businesses?
1 7(a) approvals totaling $689,000 since FY2020, across 1 lenders, median approval $689,000, plus 1 504 approvals worth $110,000 since FY2010. These count approvals to borrowers whose address is in Milan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Milan borrowers get paid back?
No rate is published for Milan. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Milan in the National Flood Insurance Program?
Yes. Milan appears in the FEMA Community Status Book as Milan, village of, community 350093, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Milan figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cibola County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Milan.
Is zoning published for Milan?
No. Nothing on this page presents parcel level zoning.