Living in Gilberts, Illinois
Cost of living, income, home prices, rent and demographics of Gilberts · Census data 2020–2024
Gilberts has 8,606 residents with a median age of 40.6. The median household income is $146,333 (75% higher than the Illinois median), the median home value is $347,300, the median rent is $1,901/month.
Gilberts at a glance
- Population
- 8,606
- Median age
- 40.6State: 39
- Median household income
- $146,333State: $83,390
- Median home value
- $347,300State: $263,300
- Median rent
- $1,901/moState: $1,274
- Homeowners
- 94.8%
- Bachelor's degree or higher
- 49.5%
- Average commute
- 29 min
Is Gilberts a good place to live?
Pros: Median household income 75% higher than the Illinois median; unemployment of 3.7%; a poverty rate of 5.5%.
Cons: Home values 32% higher than the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Gilberts
Housing is the biggest part of the cost of living. In Gilberts the median home value is $347,300, 4% higher than the U.S. median. Renters pay a median of $1,901 per month, which is 18.4% of household income. Homeowners with a mortgage pay $2,459 a month in housing costs.
Gilberts median household income
The median household income in Gilberts is $146,333 and the income per person is $49,927. 5.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Gilberts: homes for sale and rent
- Housing units
- 3,029
- Owner-occupied
- 94.8%
- Renter-occupied
- 5.2%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 3.06
Gilberts demographics
- Population
- 8,606
- Median age
- 40.6
- Under 18
- 26.9%
- 65 and older
- 10.8%
- Households
- 2,812
- Foreign-born
- 14.3%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilberts ›
Education in Gilberts
49.5% of adults 25 and older in Gilberts have a bachelor's degree or higher (Illinois: 37.8%), and 15.3% have a graduate or professional degree.
Jobs and commute in Gilberts
- Unemployment rate
- 3.7%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 20.5%
- Drive alone
- 72.7%
- Public transit
- 0.3%
- Walk to work
- 0%
- Homes with broadband
- 98.7%
Gilberts vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilberts | 8,606 | $146,333 | $347,300 | $1,901 |
| West Dundee | 7,906 | $105,368 | $360,800 | $1,666 |
| Sleepy Hollow | 3,161 | $149,813 | $382,800 | $1,363 |
| Pingree Grove | 10,914 | $114,294 | $320,800 | $3,501 |
| Carpentersville | 37,346 | $86,917 | $234,100 | $1,414 |
| Algonquin | 30,067 | $134,525 | $351,000 | $1,723 |
| Huntley | 28,005 | $88,536 | $334,300 | $1,622 |
| Elgin | 114,934 | $90,282 | $273,000 | $1,361 |
| Lake in the Hills | 28,800 | $117,151 | $321,900 | $1,689 |
More for people moving to Gilberts
Gilberts ZIP code ›Weather and climate ›Living in Gilberts: FAQ
What is the median household income in Gilberts, IL?
The median household income in Gilberts is $146,333, 75% higher 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 Gilberts?
The median home value in Gilberts is $347,300, compared with $263,300 in Illinois.
How much is rent in Gilberts?
The median gross rent in Gilberts is $1,901 per month, about 18.4% of household income.
Is Gilberts, IL a good place to live?
Pluses: median household income 75% higher than the Illinois median; unemployment of 3.7%; a poverty rate of 5.5%. Minuses: home values 32% higher than the state median; an average commute of 29 minutes.
What is the median age in Gilberts?
The median age in Gilberts is 40.6 years (Illinois: 39).
How long is the commute in Gilberts?
The average commute to work in Gilberts is 29 minutes; 20.5% of workers work from home.
What is the unemployment rate in Gilberts?
The unemployment rate in Gilberts is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilberts?
49.5% of adults in Gilberts 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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