Living in Gilbert, Iowa
Cost of living, income, home prices, rent and demographics of Gilbert · Census data 2020–2024
Gilbert has 1,381 residents with a median age of 43.9. The median household income is $122,656 (63% higher than the Iowa median), the median home value is $274,600, the median rent is $865/month.
Gilbert is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gilbert at a glance
- Population
- 1,381
- Median age
- 43.9State: 38.6
- Median household income
- $122,656State: $75,059
- Median home value
- $274,600State: $208,000
- Median rent
- $865/moState: $972
- Homeowners
- 86.8%
- Bachelor's degree or higher
- 44.3%
- Average commute
- 18 min
Is Gilbert a good place to live?
Pros: Median household income 63% higher than the Iowa median; an average commute of 18 minutes; a poverty rate of 3.4%.
Cons: Home values 32% higher than the state median; unemployment of 4.1%.
The weather is best in June to September.
Cost of living in Gilbert
Housing is the biggest part of the cost of living. In Gilbert the median home value is $274,600, 17% lower than the U.S. median. Renters pay a median of $865 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,991 a month in housing costs.
Gilbert median household income
The median household income in Gilbert is $122,656 and the income per person is $53,211. 3.4% of residents live below the poverty line (Iowa: 11.1%).
Housing in Gilbert: homes for sale and rent
- Housing units
- 555
- Owner-occupied
- 86.8%
- Renter-occupied
- 13.2%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.48
Gilbert demographics
- Population
- 1,381
- Median age
- 43.9
- Under 18
- 25.3%
- 65 and older
- 14%
- Households
- 555
- Foreign-born
- 2.8%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilbert ›
Education in Gilbert
44.3% of adults 25 and older in Gilbert have a bachelor's degree or higher (Iowa: 31.4%), and 13.5% have a graduate or professional degree.
Jobs and commute in Gilbert
- Unemployment rate
- 4.1%State: 3.6%
- Average commute
- 18 minState: 20 min
- Work from home
- 10.3%
- Drive alone
- 84%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 96.6%
Gilbert vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilbert | 1,381 | $122,656 | $274,600 | $865 |
| Ames | 67,669 | $60,991 | $277,400 | $1,023 |
| Story City | 3,398 | $96,605 | $215,600 | $999 |
| Roland | 1,559 | $79,028 | $185,900 | $1,375 |
| Randall | 142 | $72,321 | $110,800 | — |
| Kelley | 382 | $111,250 | $220,800 | $966 |
| Nevada | 6,983 | $75,094 | $182,400 | $953 |
| Boone | 12,424 | $69,222 | $173,000 | $831 |
| Luther | 159 | $100,938 | $191,700 | — |
More for people moving to Gilbert
Gilbert ZIP code ›Weather and climate ›Living in Gilbert: FAQ
What is the median household income in Gilbert, IA?
The median household income in Gilbert is $122,656, 63% higher than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gilbert?
The median home value in Gilbert is $274,600, compared with $208,000 in Iowa.
How much is rent in Gilbert?
The median gross rent in Gilbert is $865 per month, about 21.7% of household income.
Is Gilbert, IA a good place to live?
Pluses: median household income 63% higher than the Iowa median; an average commute of 18 minutes; a poverty rate of 3.4%. Minuses: home values 32% higher than the state median; unemployment of 4.1%.
What is the median age in Gilbert?
The median age in Gilbert is 43.9 years (Iowa: 38.6).
How long is the commute in Gilbert?
The average commute to work in Gilbert is 18 minutes; 10.3% of workers work from home.
What is the unemployment rate in Gilbert?
The unemployment rate in Gilbert is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilbert?
44.3% of adults in Gilbert 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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