States · Illinois · Rock Island County

Milan, Illinois.

Typical home $191,397 (+6.3% in a year), asking rent $925 . Davenport-Moline-Rock Island, IA-IL metro.

What it costs per month · Milan $1,005/mo

to buy the typical home at today's mortgage rate — +$494 (+97%) since Jan 2020.

What the home itself did
1 year
Up $11,291 +6%
$180,106$191,397 since Sep 2025
5 years
Up $33,511 +21%
$157,886$191,397 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Milan $1,005 Illinois $1,553 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Milan$1,005
  • Illinois$1,553
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 18 years.

Typical home values in Milan, IL rose 6.3% over the past year — faster than the nation's +1.2%.

Living in Milan, Rock Island County, Illinois

Milan is a village of 5,097 people in Rock Island County. Half its households earn more than $62,597 a year and half less, against $67,159 across Rock Island County; 12% of its people live below the poverty line. 66% of its homes are lived in by their owners and 34% are rented. Unemployment in Rock Island County was 4.0% in August 2026, and the county had 1.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.

People 5,097 in the 2020 census; median age 36.0
Household income $62,597 the median, give or take $7,798 · Rock Island County: $67,159
Unemployment 4.0% Rock Island County, August 2026; 5.4% a year before
Homes 66% lived in by their owners; 34% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Milan is a village in Rock Island County, part of the Quad Cities area along the Mississippi. It is a younger town than many, with a median age lower than much of the country, and most homes are lived in by their owners. Household incomes run a little below the county's, and a typical home is priced well within reach of a modest budget.

Work. Residents work mostly in schools, hospitals and social care, in shops, in manufacturing and in the building trades. Within Milan itself, the largest workplaces are Xpac, which packs and prepares goods for shipping, the Hy-Vee grocery store and UPS. The typical commute is moderate, and few people work from home.

Things to do. Black Hawk State Historic Site and the Black Hawk Museum and Lodge are in or beside town, and both are museums tied to the area's history. A short drive away are the Figge Art Museum and Niabi Zoo. Winters are cold and snowy, with highs near freezing in January, and summers turn warm in July.

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  • 2,550households
  • 25%of adults have a degree
  • 12%below the poverty line
  • 22 mintypical commute
  • 7%work from home

What residents work in

  • Schools, hospitals and social care17%
  • Shops (retail)15%
  • Manufacturing14%
  • Building trades12%
  • Professional and business services11%
  • Transport, warehouses and utilities10%

Employed residents by industry, from the Census survey. Rock Island County had 69,106 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 32° and 15°; warmest in July, 86° and 65° 20° 40° 60° 80° J 32° 15° F M A M J J 86° 65° A S O N D
Average daily high and low for each month: coldest in January, 32° and 15°; warmest in July, 86° and 65° 20° 40° 60° 80° J 32° 15° F M A M J J 86° 65° A S O N D

Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 86° and lows near 65°. About 36 inches of snow and 38 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Moline Quad City International Airport weather station, 3 miles away (NOAA).

Largest workplaces in Milan

  1. XpacPreparing goods for transportation644
  2. Hy-VeeSupermarkets and other grocery except convenience stores273
  3. SC2 Supply Chain Services & SolutionsGeneral warehousing and storage205
  4. UPSCouriers and express delivery services117
  5. XpacPacking and preparing goods for shipping86
  6. XpacPacking and preparing goods for shipping48
  7. XpacPreparing goods for transportation43
  8. XpacPreparing goods for transportation40

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,589 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Cold wavesRelatively high
  2. HailRelatively moderate
  3. Strong windrelatively high in parts of MilanRelatively moderate
  4. Winter weatherrelatively high in parts of MilanRelatively moderate
  5. Heat wavesrelatively high in parts of MilanRelatively moderate
  6. Lightningrelatively high in parts of MilanRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Milan’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rock Island County and the Davenport-Moline-Rock Island, IA-IL metro.

Milan home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Milan $191,397 Illinois $295,943 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Milan$191,397
  • Illinois$295,943
  • United States$366,157
Property tax, 2026 roll $3,723/yr median bill inside Milan, effective 2.04% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 3 Milan listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

20% 25% 30% 35% 2026 Milan 35.67% United States 26.90%
20% 25% 30% 35% 2026
  • Milan35.67%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 2018 2019 2020 2021 2022 2023 2024 2025 2026 Milan 24
10 20 30 2018 2022 2026
  • Milan24

New listings per month

Sellers arriving at the market.

4 6 8 10 2026 Milan 10
4 6 8 10 2026
  • Milan10

Zip codes with a Milan address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Milan — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Milan