HomeNew MexicoCibola CountyMilan village
Milan village, New Mexico: commercial real estate data.
Milan village 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.
76 sourced place values · tier FULL · 8 sections · 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
- Ninetieth percentile 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cibola County, not Milan
Cibola County context, not Milan figures
These are Cibola County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Milan measurements.
- Establishments in Cibola County288
- Employment at those establishments, Cibola County5,250
- Covered employment, Cibola County7,226
- Average annual pay, Cibola County$48,565
- Average weekly wage, Cibola County$934
- County product, 2024, Cibola County$868,066,000
- County product change over the prior year, Cibola County8.6 percent
- Average income of an arriving household, Cibola County$34,446
Every figure in this section is published for Cibola County as a whole and is not a measurement of Milan. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $689,000, across 1 lenders, median approval $689,000, plus 1 504 approvals worth $110,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Milan figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.