Living in Gilman, Illinois

Cost of living, income, home prices, rent and demographics of Gilman · Census data 2020–2024

Gilman has 1,612 residents with a median age of 41.8. The median household income is $70,750 (15% lower than the Illinois median), the median home value is $120,500, the median rent is $733/month.

Gilman at a glance

Population
1,612
Median age
41.8State: 39
Median household income
$70,750State: $83,390
Median home value
$120,500State: $263,300
Median rent
$733/moState: $1,274
Homeowners
78.9%
Bachelor's degree or higher
16.3%
Average commute
27 min

Is Gilman a good place to live?

Pros: Home values 54% lower than the state median; an average commute of 27 minutes; a poverty rate of 6.1%.

Cons: Median household income 15% lower than the Illinois median; unemployment of 6.8%.

The weather is best in May and August to October.

Cost of living in Gilman

Housing is the biggest part of the cost of living. In Gilman the median home value is $120,500, 64% lower than the U.S. median. Renters pay a median of $733 per month, which is 17.9% of household income. Homeowners with a mortgage pay $1,155 a month in housing costs.

Median home value

Gilman$120,500
Illinois$263,300
United States$332,700

Median monthly rent

Gilman$733
Illinois$1,274
United States$1,413

Gilman median household income

The median household income in Gilman is $70,750 and the income per person is $35,386. 6.1% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Gilman$70,750
Illinois$83,390
United States$80,734

Housing in Gilman: homes for sale and rent

Housing units
779
Owner-occupied
78.9%
Renter-occupied
21.1%
Vacant
14.9%Includes seasonal homes
Median year built
1956
Average household size
2.32

Gilman demographics

Population
1,612
Median age
41.8
Under 18
20.6%
65 and older
22.5%
Households
663
Foreign-born
9.4%
Veterans
4.2%Adults 18+

Race and ethnicity

White77.7%
Hispanic or Latino21.6%
Black0.8%
Asian0.3%

Hispanic or Latino can be of any race. Population history of Gilman ›

Education in Gilman

16.3% of adults 25 and older in Gilman have a bachelor's degree or higher (Illinois: 37.8%), and 4.5% have a graduate or professional degree.

Bachelor's degree or higher

Gilman16.3%
Illinois37.8%
United States35.7%

Jobs and commute in Gilman

Unemployment rate
6.8%State: 5.8%
Average commute
27 minState: 28 min
Work from home
3.6%
Drive alone
82.4%
Public transit
0%
Walk to work
5.5%
Homes with broadband
85.4%

Gilman vs nearby towns

TownPopulationMedian incomeHome valueRent
Gilman1,612$70,750$120,500$733
Onarga1,430$78,352$99,300$941
Danforth611$54,625$151,200$1,523
Crescent City456$58,333$116,500$817
Thawville210$42,500$80,800$817
Ashkum918$78,365$150,600$798
Piper City703$39,680$80,400$768
Buckley422$53,500$96,800$838
Clifton1,385$92,344$205,400$844

More for people moving to Gilman

Gilman ZIP code ›Weather and climate ›

Living in Gilman: FAQ

What is the median household income in Gilman, IL?

The median household income in Gilman is $70,750, 15% 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 Gilman?

The median home value in Gilman is $120,500, compared with $263,300 in Illinois.

How much is rent in Gilman?

The median gross rent in Gilman is $733 per month, about 17.9% of household income.

Is Gilman, IL a good place to live?

Pluses: home values 54% lower than the state median; an average commute of 27 minutes; a poverty rate of 6.1%. Minuses: median household income 15% lower than the Illinois median; unemployment of 6.8%.

What is the median age in Gilman?

The median age in Gilman is 41.8 years (Illinois: 39).

How long is the commute in Gilman?

The average commute to work in Gilman is 27 minutes; 3.6% of workers work from home.

What is the unemployment rate in Gilman?

The unemployment rate in Gilman is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gilman?

16.3% of adults in Gilman 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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