Milan, Minnesota Unemployment

Milan, Minnesota has a population of 350, with a median household income of $46,200.

Current unemployment data for Milan.

4.50%

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Population

350

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Median Income

$46,200

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Unemployment

4.50%

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Housing Price

$115,000

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Crime Rate

7.80

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Internet Speed

100.00 Mbps

Milan is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Milan, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Milan has a population of 350, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Milan is $46,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Milan is about $115,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Milan is 4.50%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Milan are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Milan shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Milan continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Milan

What is the population of Milan?

The population of Milan is approximately 350.

Is Milan a good place to live?

Milan offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Milan?

The median household income in Milan is around $46,200.

How expensive is housing in Milan?

The average housing price in Milan is approximately $115,000.