Milan, GA Real Estate
According to census data in the year 2000 there were 375 housing units in Milan.
This represents a 6% decline from 399 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 375 were located in what is classified as a rural area.
Homeownership rate in Milan is about 75.9%.
Milan's vacancy rate, including seasonal lodging, is about 14.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Milan were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.90% |
| Two Bedrooms | 37.90% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $43,900 |
| Median Price asked for vacant units | $15,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $139 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 39.70% |
| Debt Free | 58.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
