Living in Gibson City, Illinois
Cost of living, income, home prices, rent and demographics of Gibson City · Census data 2020–2024
Gibson City has 3,434 residents with a median age of 44.2. The median household income is $42,955 (48% lower than the Illinois median), the median home value is $153,800, the median rent is $943/month.
Gibson City at a glance
- Population
- 3,434
- Median age
- 44.2State: 39
- Median household income
- $42,955State: $83,390
- Median home value
- $153,800State: $263,300
- Median rent
- $943/moState: $1,274
- Homeowners
- 58.3%
- Bachelor's degree or higher
- 13.8%
- Average commute
- 13 min
Is Gibson City a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 48% lower than the Illinois median; unemployment of 8.9%; a poverty rate of 14.3%.
The weather is best in May–June and August–September.
Cost of living in Gibson City
Housing is the biggest part of the cost of living. In Gibson City the median home value is $153,800, 54% lower than the U.S. median. Renters pay a median of $943 per month, which is 37.7% of household income. Homeowners with a mortgage pay $1,439 a month in housing costs.
Gibson City median household income
The median household income in Gibson City is $42,955 and the income per person is $33,062. 14.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Gibson City: homes for sale and rent
- Housing units
- 1,611
- Owner-occupied
- 58.3%
- Renter-occupied
- 41.7%
- Vacant
- 0.8%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.08
Gibson City demographics
- Population
- 3,434
- Median age
- 44.2
- Under 18
- 18.9%
- 65 and older
- 21.4%
- Households
- 1,598
- Foreign-born
- 6.8%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Gibson City ›
Education in Gibson City
13.8% of adults 25 and older in Gibson City have a bachelor's degree or higher (Illinois: 37.8%), and 3.3% have a graduate or professional degree.
Jobs and commute in Gibson City
- Unemployment rate
- 8.9%State: 5.8%
- Average commute
- 13 minState: 28 min
- Work from home
- 9.8%
- Drive alone
- 81.9%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 81.7%
Gibson City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gibson City | 3,434 | $42,955 | $153,800 | $943 |
| Elliott | 258 | $51,094 | $83,800 | $736 |
| Saybrook | 744 | $52,721 | $98,100 | $923 |
| Sibley | 286 | $72,250 | $90,600 | $1,281 |
| Melvin | 430 | $43,958 | $66,300 | $681 |
| Fisher | 1,605 | $97,702 | $190,100 | $917 |
| Anchor | 206 | $72,250 | $98,100 | — |
| Bellflower | 328 | $82,500 | $122,000 | $869 |
| Arrowsmith | 320 | $88,594 | $103,500 | $975 |
More for people moving to Gibson City
Gibson City ZIP code ›Weather and climate ›Living in Gibson City: FAQ
What is the median household income in Gibson City, IL?
The median household income in Gibson City is $42,955, 48% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gibson City?
The median home value in Gibson City is $153,800, compared with $263,300 in Illinois.
How much is rent in Gibson City?
The median gross rent in Gibson City is $943 per month, about 37.7% of household income.
Is Gibson City, IL a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 13 minutes. Minuses: median household income 48% lower than the Illinois median; unemployment of 8.9%; a poverty rate of 14.3%.
What is the median age in Gibson City?
The median age in Gibson City is 44.2 years (Illinois: 39).
How long is the commute in Gibson City?
The average commute to work in Gibson City is 13 minutes; 9.8% of workers work from home.
What is the unemployment rate in Gibson City?
The unemployment rate in Gibson City is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gibson City?
13.8% of adults in Gibson City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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