HomeOhioErie CountyMilan village
Milan village, Ohio: commercial real estate data.
Milan village is a Census village of 1,774 people across 1.19 square miles of land, lying across Erie County and Huron County. Median household income is $97,973, 79.3 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $8.2 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Milan
What Milan is
- Census place typevillage
- Land area1.19 sq mi
- Water area0.02 sq mi
- Population per square mile of land1,490 plus or minus 361
- County holding the largest share of its areaErie County, 58.2 percent
- Counties this place lies inErie County 58.2 percent, Huron County 41.8 percent
Milan village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
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
- Population1,774 plus or minus 430
- Median age40.4
- Population under 18520 plus or minus 184
- Share under 1829.3 percent plus or minus 7.6
- Population 65 and over371 plus or minus 85
- Share 65 and over20.9 percent plus or minus 7.0
- Households599
- Family households437
- Share of households that are families73.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
Income and work in Milan
- Median household income$97,973
- Per capita income$37,968 plus or minus $12,766
- Civilian labor force800 plus or minus 163
- Employed788 plus or minus 162
- Unemployed12 plus or minus 15
- Unemployment rate1.5 percent plus or minus 1.8
- Adults 25 and over1,150
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher26.7 percent plus or minus 5.5
- Adults 25 and over with a graduate degree15.5 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
Housing in Milan
- Housing units647
- Occupied units599
- Vacant units48 plus or minus 44
- Vacancy rate7.4 percent plus or minus 6.7
- Owner occupied475 plus or minus 98
- Renter occupied124 plus or minus 54
- Ownership rate79.3 percent
- Median owner-occupied home value$193,100 plus or minus $45,028
- Median gross rent, monthly$973
- Annual rent as a share of median income11.9 percent
- Single family units601
- Share single family92.9 percent
- Units in buildings of two or more46 plus or minus 33
- Share in buildings of two or more7.1 percent plus or minus 5.0
- Mobile homes0
- Median year structure built1956
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 commute691 plus or minus 152
- Commuting under 15 minutes315 plus or minus 109
- Share commuting under 15 minutes45.6 percent plus or minus 12.2
- Commuting 30 minutes or more97 plus or minus 44
- Share commuting 30 minutes or more14.0 percent plus or minus 5.5
- Drove alone81.3 percent
- Carpooled6.9 percent plus or minus 5.3
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.0
- Worked from home10.3 percent plus or minus 7.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
SBA loans in Milan (7(a))
- Approvals6
- Gross approval$8,220,000
- Average approval$1,370,000
- Median approval$1,850,000
- Ninetieth percentile approval$3,500,000
- Largest approval$3,500,000
- Jobs supported45
- Jobs per approval7.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more66.7 percent
- Share to franchises50.0 percent
- Distinct lenders5
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 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)
- Approvals4
- Gross approval$9,378,000
- Average approval$2,344,500
- Median approval$2,250,000
- Largest approval$4,865,000
- Jobs supported120
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Milan
Flood risk in Milan
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390155
- Currently effective map date11/19/14(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Erie County, not Milan
Erie County context, not Milan figures
These are Erie 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 Erie County1,802
- Employment at those establishments, Erie County32,249
- Covered employment, Erie County36,283
- Average annual pay, Erie County$49,985
- Average weekly wage, Erie County$961
- Housing units permitted, Erie County113
- Of those, single family, Erie County107
- County product, 2024, Erie County$5,355,801,000
- County product change over the prior year, Erie County0.4 percent
- Average income of an arriving household, Erie County$63,823
Every figure in this section is published for Erie 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 Census Bureau, Building Permits Survey, 2024 annual. 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.
- 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, Ohio?
1,774, in 599 households. Milan village covers 1.19 square miles of land, which is 1,490 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?
Milan lies in more than one. By area it is 58.2 percent in Erie County, 41.8 percent in Huron County. This page sits under Erie County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Milan?
$97,973. The median owner-occupied home is valued at $193,100. Median gross rent is $973 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?
6 7(a) approvals totalling $8.2 m, across 5 lenders, median approval $1,850,000, plus 4 504 approvals worth $9.4 m. 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 1 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.
Is Milan in the National Flood Insurance Program?
Yes. Milan appears in the FEMA Community Status Book as community 390155, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Erie 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.