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Economy, jobs and prices in Milano, Italy: official figures

1,052,520 residents of the comune of Milan filed an income tax (IRPEF) return for 2024, declaring an average total income of €41,865, the highest among 42 major Italian cities (national average €25,816).

Unemployment rate
5.6%
2023

What is the average salary in Milan?

60% of Milan taxpayers declared employment income for 2024, averaging €38,766, while 28% declared a pension averaging €29,814.

Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

How many rich people live in Milan?

4.68% of Milan taxpayers declared more than €120,000 for 2024 and 16.8% more than €55,000 (national shares 0.87% and 5.9%).

Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

What is the unemployment rate in Milano?

The unemployment rate in Milano was 5.6% in 2023 (6.4% for women, 4.9% for men).

Source: Eurostat · saved copy

What are the main jobs in Milano?

1,758,000 jobs were based in Milano in 2022; the biggest employers were trade, transport, hotels and restaurants (31% of jobs) and professional, scientific and administrative services (24%).

Source: Eurostat · saved copy

How many tourists visit Milano?

Tourist accommodation in Milano recorded 22,386,751 nights in 2025, 72% by visitors from abroad.

Source: Eurostat · saved copy

How many cars are there in Milano?

There were 585 registered cars per 1,000 residents in 2024.

Source: Eurostat · saved copy

More figures

How Milano compares with other cities in Italy

Average declared income per taxpayer (€) (2024)

Milano ranks 1 of 42, highest first.

RankCityAverage declared income per taxpayer (€)
1Milano€41,865
2Bergamo€35,322
3Bologna€33,307
4Padova€32,759
5Roma€32,501
6Parma€32,399
7Modena€32,216
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

Taxpayers declaring €10,000 or less (%) (2024)

Milano ranks 24 of 42, highest first.

RankCityTaxpayers declaring €10,000 or less (%)
21Perugia20.2%
22Torino20.1%
23Brescia20.0%
24Milano19.8%
25Verona19.5%
26Vicenza19.4%
27Trieste19.2%
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

Unemployment rate (2023)

Milano ranks 32 of 42, highest first.

RankCityUnemployment rate
29Firenze5.8%
30Brescia5.7%
31Modena5.7%
32Milano5.6%
33Vicenza5.6%
34Bergamo5.4%
35Venezia5.4%
Source: Eurostat · saved copy

Cars per 1,000 residents (2024)

Milano ranks 37 of 42, highest first.

RankCityCars per 1,000 residents
34Taranto601
35Bari587
36Livorno586
37Milano585
38Trieste557
39Firenze553
40Bologna539
Source: Eurostat · saved copy

Tourist nights (2025)

Milano ranks 2 of 42, highest first.

RankCityTourist nights
1Roma50,383,357
2Milano22,386,751
3Venezia12,925,741
4Firenze11,515,398
5Rimini7,167,669
6Napoli6,519,845
7Bologna5,240,124
Source: Eurostat · saved copy

More on Milano: overview · government budget · all cities in Italy

Sources

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