HomeTennesseeGibson CountyMilan city
Milan city, Tennessee: commercial real estate data.
Milan city is a Census city of 8,244 people across 8.95 square miles of land, in Gibson County. Median household income is $43,886, 55.9 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $2.4 m.
76 sourced place values · tier FULL · 8 sections
Milan
What Milan is
- Census place typecity
- Land area8.95 sq mi
- Water area0 sq mi
- Population per square mile of land921
- County holding the largest share of its areaGibson 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
- Population8,244
- Median age36.4
- Population under 182,329 plus or minus 519
- Share under 1828.3 percent plus or minus 6.3
- Population 65 and over1,454
- Share 65 and over17.6 percent
- Households3,237
- Family households2,036
- Share of households that are families62.9 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$43,886 plus or minus $10,378
- Per capita income$26,912
- Civilian labor force3,639
- Employed3,407
- Unemployed232 plus or minus 174
- Unemployment rate6.4 percent plus or minus 4.7
- Adults 25 and over5,305
- Adults 25 and over with a high school diploma or higher87.5 percent
- Adults 25 and over with a bachelor degree or higher15.6 percent plus or minus 4.4
- Adults 25 and over with a graduate degree4.5 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
Housing in Milan
- Housing units3,456
- Occupied units3,237
- Vacant units219 plus or minus 131
- Vacancy rate6.3 percent plus or minus 3.8
- Owner occupied1,810
- Renter occupied1,427 plus or minus 308
- Ownership rate55.9 percent
- Median owner-occupied home value$144,100 plus or minus $41,699
- Median gross rent, monthly$805
- Annual rent as a share of median income22.0 percent plus or minus 5.8
- Single family units2,540
- Share single family73.5 percent
- Units in buildings of two or more876 plus or minus 291
- Share in buildings of two or more25.3 percent plus or minus 8.2
- Mobile homes40 plus or minus 44
- Median year structure built1976
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 commute3,183
- Commuting under 15 minutes1,019 plus or minus 278
- Share commuting under 15 minutes32.0 percent plus or minus 7.9
- Commuting 30 minutes or more1,377 plus or minus 340
- Share commuting 30 minutes or more43.3 percent plus or minus 9.4
- Drove alone84.5 percent
- Carpooled10.8 percent plus or minus 6.0
- Public transport0.0 percent
- Walked0.5 percent plus or minus 1.0
- Worked from home1.6 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milan
SBA 7(a) lending to Milan borrowers
- Approvals5
- Gross approval$2,412,000
- Average approval$482,400
- Median approval$315,000
- Ninetieth percentile approval$1,415,000
- Largest approval$1,415,000
- Jobs supported86
- Jobs per approval17.2
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term123 months
- Share on real estate terms of 20 years or more40.0 percent
- Share to franchises60.0 percent
- Distinct lenders4
- 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 504 lending to Milan borrowers
- Approvals1
- Gross approval$1,421,000
- Average approval$1,421,000
- Median approval$1,421,000
- Largest approval$1,421,000
- Jobs supported20
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Gibson County, not Milan
Gibson County context, not Milan figures
These are Gibson 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 Gibson County951
- Employment at those establishments, Gibson County12,656
- Covered employment, Gibson County14,908
- Average annual pay, Gibson County$48,973
- Average weekly wage, Gibson County$942
- Housing units permitted, Gibson County152
- Of those, single family, Gibson County150
- County product, 2024, Gibson County$2,016,657,000
- County product change over the prior year, Gibson County-1.4 percent
- Average income of an arriving household, Gibson County$52,422
Every figure in this section is published for Gibson 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.
- 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, Tennessee?
8,244, in 3,237 households. Milan city covers 8.95 square miles of land, which is 921 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?
Gibson 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?
$43,886. The median owner-occupied home is valued at $144,100. Median gross rent is $805 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?
5 7(a) approvals totalling $2.4 m, across 4 lenders, median approval $315,000, plus 1 504 approvals worth $1.4 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.
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 Gibson 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.
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