Milan, the vibrant heart of Lombardy, pulsates with a unique energy that blends high fashion, historical grandeur, and a dynamic urban lifestyle. While the median home value of 380.000 € sits significantly above the Italian average, the city offers a compelling value proposition. Renting is a common practice, with a median of 1.200 € per month, though buying remains a popular aspiration. The city's charm extends beyond its iconic Duomo and fashion houses; it's a place where life unfolds at a comfortable pace, with relatively quiet noise levels and a low rate of violent crime at 0.6 per 1,000 residents. Despite a slightly elevated poverty rate of 18.9% and air quality that requires attention (AQI 120), the city's overall vibe is one of sophistication and accessibility.
From an investor's perspective, Milan presents a nuanced but promising landscape. While the median household income of 22.711 € is lower than the national average, the 7.7% unemployment rate mirrors the country's, offering a stable workforce. The property crime rate of 14.3 per 1,000 residents warrants attention, but the city's overall safety is a draw. Milan is particularly attractive to those seeking a blend of cultural richness and professional opportunity. The city's efficient public transport makes it easy to navigate, and its central location in Europe makes it an excellent base for international travel. Whether you're a young professional, a fashion enthusiast, or simply someone who appreciates a lively urban environment, Milan extends a warm "benvenuto."
Milan, Italy at a Glance
Milan is a city in Italy with a population of approximately 1,396,059. The median home value is 380.000 € and the median household income is 22.711 €.. The violent crime rate is 0.6 per 1,000 residents. Air quality is rated Unhealthy for Sensitive Groups. Median rent is 1200 € per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
380.000 €
Median Income
22.711 €
Population
1,396,059
Walk Score
N/A
Air Quality
AQI 120
Unhealthy for Sensitive Groups
Climate Risk
N/A
Fair
- Population
- 1,396,059
- Median Age
- N/A
- Median Household Income
- 22.711 €
28% below IT avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.9%
6% below IT avg
- Median Home Value
- 380.000 €
95% above IT avg
- Median Rent
- 1200 €
100% above IT avg
- Homeownership Rate
- N/A
- Violent Crime Rate
- 0.6 per 1K
80% below IT avg
- Property Crime Rate
- 14.3 per 1K
25% below IT avg
- AQI
- 120
200% above IT avg
- Category
- Unhealthy for Sensitive Groups
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- Quiet
- Road Traffic
- 40 dBA
23% below IT avg
- Aviation
- 22 dBA
27% below IT avg
- Rail
- 22 dBA
31% below IT avg
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 7.7%
Near IT avg
- Poverty Rate
- 18.9%
6% below IT avg