Zip Code

61264

City

Milan, IL

Population & Migration

What is the forecasted population for Zip code 61264 Milan, IL?

Population census 2020
10,413
Forecasted population 2025
10,756
3.3% vs. 2020
Forecasted population 2030
9,960
-4.4% vs. 2020

Zip code 61264 Milan, IL population is forecasted to decrease 3.3% by 2025 (-1.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 10,756 people for 2025 zip code 61264 Milan, IL will generate a good demand for housing, which is expected to have an excess of -224 houses for 2030. Vacancy rate is 4.0 points below national US average.

Total homes available 2020
5,176
Estimated total home demand in 2030
4,951
Total homes balance inventory
-224

Average Household Income in zip code 61264 Milan, IL
from Internal Revenue Service

Average household income in 2021
$89,463

Affordability

Affordability Index
1

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 61264 Milan, IL?

County total number of drinking water violations

428

+75%

244

County total number of drinking water contaminations

85

+254%

24

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