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NM area data

Milan, NM

Milan, NM.

Population: 2,871 (Census ACS)

The median home value in Milan, NM is $128,100. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, inlandflooding, winterweather the top-rated hazards. Cost of living is 7.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$128,100

Median home value

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$128,100
House Price Index (state)
414.6 (-1.2% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median list price
$149,900
For-sale inventory
5

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$813/mo
1BR fair-market rent
$852/mo
2BR fair-market rent
$1,022/mo
3BR fair-market rent
$1,218/mo
4BR fair-market rent
$1,343/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.2 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Avg student-teacher ratio
11.1 : 1
Schools include
MILAN ELEMENTARY

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, inlandFlooding, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Low · wildfire: Relatively Low · landslide: Relatively Low · lightning: Relatively High · earthquake: Relatively Low · winterWeather: Relatively Moderate
Wildfire risk to homes (county)
Higher than 76% of US counties
Buildings in wildfire direct-exposure zone
68.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
2
Nearest Superfund site
Grants Chlorinated Solvents Plume (3.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
51.5°F
Average high
71.0°F
Average low
32.8°F
Annual precipitation
10.8 in
Annual snowfall
7.9 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
3
Nearest national park
El Malpais National Monument (22 mi)
National parks include
El Malpais National Monument, El Morro National Monument, Chaco Culture National Historical Park
Airports within 30 mi
2
Nearest airport
Grants-Milan Municipal Airport (GNT) (2 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
CROWNPOINT HEALTHCARE FACILITY, CIBOLA GENERAL HOSPITAL
EV charging stations (within 10 mi)
3
Solar radiation rating
Good (5.4 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,975
Housing built before 1970
29.8%
Housing built 2000 or later
7.6%
Median annual property tax
$507
Households with broadband internet
46.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,448
Average weekly wage
$877
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Milan, NM?
$128,100.
What is typical rent in Milan, NM?
2-bedroom fair-market rent: $1,022/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Milan, NM?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, inlandFlooding, winterWeather.
What is the wildfire risk in Milan, NM?
Risk to homes is higher than 76% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Milan, NM?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Milan, NM?
2 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Grants Chlorinated Solvents Plume, 3.8 mi.
How many schools serve Milan, NM?
1 schools (1 elementary) (NCES, 2022-23).
What is the cost of living in Milan, NM?
Regional Price Parity: 92.2 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Milan

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents