Living in Gilbertville, Iowa
Cost of living, income, home prices, rent and demographics of Gilbertville · Census data 2020–2024
Gilbertville has 761 residents with a median age of 40.6. The median household income is $79,583 (6% higher than the Iowa median), the median home value is $197,400, the median rent is $643/month.
Gilbertville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gilbertville at a glance
- Population
- 761
- Median age
- 40.6State: 38.6
- Median household income
- $79,583State: $75,059
- Median home value
- $197,400State: $208,000
- Median rent
- $643/moState: $972
- Homeowners
- 86.4%
- Bachelor's degree or higher
- 28.9%
- Average commute
- 20 min
Is Gilbertville a good place to live?
Pros: Median household income 6% higher than the Iowa median; home values 5% lower than the state median; a poverty rate of 3.2%.
Cons: An average commute of 20 minutes; unemployment of 3.7%.
The weather is best in May and July to September.
Cost of living in Gilbertville
Housing is the biggest part of the cost of living. In Gilbertville the median home value is $197,400, 41% lower than the U.S. median. Renters pay a median of $643 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,721 a month in housing costs.
Gilbertville median household income
The median household income in Gilbertville is $79,583 and the income per person is $41,050. 3.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Gilbertville: homes for sale and rent
- Housing units
- 361
- Owner-occupied
- 86.4%
- Renter-occupied
- 13.6%
- Vacant
- 4.2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.20
Gilbertville demographics
- Population
- 761
- Median age
- 40.6
- Under 18
- 21.3%
- 65 and older
- 21.4%
- Households
- 346
- Foreign-born
- 1.7%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilbertville ›
Education in Gilbertville
28.9% of adults 25 and older in Gilbertville have a bachelor's degree or higher (Iowa: 31.4%), and 7.6% have a graduate or professional degree.
Jobs and commute in Gilbertville
- Unemployment rate
- 3.7%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 12.1%
- Drive alone
- 76.5%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 94.5%
Gilbertville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilbertville | 761 | $79,583 | $197,400 | $643 |
| Washburn | 714 | $61,406 | $142,300 | $985 |
| Raymond | 899 | $76,711 | $222,600 | $1,125 |
| Elk Run Heights | 964 | $76,500 | $171,200 | $1,125 |
| Evansdale | 4,518 | $60,397 | $150,300 | $979 |
| La Porte City | 2,071 | $70,500 | $163,200 | $955 |
| Jesup | 2,561 | $89,408 | $190,200 | $933 |
| Waterloo | 67,008 | $57,480 | $152,600 | $923 |
| Dunkerton | 821 | $86,413 | $189,700 | $514 |
More for people moving to Gilbertville
Gilbertville ZIP code ›Weather and climate ›Living in Gilbertville: FAQ
What is the median household income in Gilbertville, IA?
The median household income in Gilbertville is $79,583, 6% 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 Gilbertville?
The median home value in Gilbertville is $197,400, compared with $208,000 in Iowa.
How much is rent in Gilbertville?
The median gross rent in Gilbertville is $643 per month, about 25.8% of household income.
Is Gilbertville, IA a good place to live?
Pluses: median household income 6% higher than the Iowa median; home values 5% lower than the state median; a poverty rate of 3.2%. Minuses: an average commute of 20 minutes; unemployment of 3.7%.
What is the median age in Gilbertville?
The median age in Gilbertville is 40.6 years (Iowa: 38.6).
How long is the commute in Gilbertville?
The average commute to work in Gilbertville is 20 minutes; 12.1% of workers work from home.
What is the unemployment rate in Gilbertville?
The unemployment rate in Gilbertville is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilbertville?
28.9% of adults in Gilbertville 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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