Living in Gilman, Iowa

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

Gilman has 623 residents with a median age of 39.5. The median household income is $101,136 (35% higher than the Iowa median), the median home value is $88,700, the median rent is $678/month.

Gilman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Gilman at a glance

Population
623
Median age
39.5State: 38.6
Median household income
$101,136State: $75,059
Median home value
$88,700State: $208,000
Median rent
$678/moState: $972
Homeowners
85.8%
Bachelor's degree or higher
16.6%
Average commute
28 min

Is Gilman a good place to live?

Pros: Median household income 35% higher than the Iowa median; home values 57% lower than the state median; a poverty rate of 8.8%.

Cons: An average commute of 28 minutes; unemployment of 6.8%.

The weather is best in June to September.

Cost of living in Gilman

Housing is the biggest part of the cost of living. In Gilman the median home value is $88,700, 73% lower than the U.S. median. Renters pay a median of $678 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,095 a month in housing costs.

Median home value

Gilman$88,700
Iowa$208,000
United States$332,700

Median monthly rent

Gilman$678
Iowa$972
United States$1,413

Gilman median household income

The median household income in Gilman is $101,136 and the income per person is $37,526. 8.8% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Gilman$101,136
Iowa$75,059
United States$80,734

Housing in Gilman: homes for sale and rent

Housing units
293
Owner-occupied
85.8%
Renter-occupied
14.2%
Vacant
11.3%Includes seasonal homes
Median year built
1954
Average household size
2.40

Gilman demographics

Population
623
Median age
39.5
Under 18
27%
65 and older
19.6%
Households
260
Foreign-born
1.1%
Veterans
9.3%Adults 18+

Race and ethnicity

White97.3%
Hispanic or Latino2.4%
Black0%
Asian0%

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

Education in Gilman

16.6% of adults 25 and older in Gilman have a bachelor's degree or higher (Iowa: 31.4%), and 1.6% have a graduate or professional degree.

Bachelor's degree or higher

Gilman16.6%
Iowa31.4%
United States35.7%

Jobs and commute in Gilman

Unemployment rate
6.8%State: 3.6%
Average commute
28 minState: 20 min
Work from home
7%
Drive alone
69.1%
Public transit
0%
Walk to work
4.1%
Homes with broadband
96.9%

Gilman vs nearby towns

TownPopulationMedian incomeHome valueRent
Gilman623$101,136$88,700$678
Laurel278$61,250$103,100$666
Montour206$81,346$94,200—
Le Grand720$76,250$145,700$533
Haverhill142$61,607$115,300—
Grinnell9,505$65,320$209,500$895
Oakland Acres191$103,000$256,300—
Marshalltown27,626$69,068$127,700$891
Tama3,051$68,661$106,800$832

More for people moving to Gilman

Gilman ZIP code ›Weather and climate ›

Living in Gilman: FAQ

What is the median household income in Gilman, IA?

The median household income in Gilman is $101,136, 35% 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 Gilman?

The median home value in Gilman is $88,700, compared with $208,000 in Iowa.

How much is rent in Gilman?

The median gross rent in Gilman is $678 per month, about 31.3% of household income.

Is Gilman, IA a good place to live?

Pluses: median household income 35% higher than the Iowa median; home values 57% lower than the state median; a poverty rate of 8.8%. Minuses: an average commute of 28 minutes; unemployment of 6.8%.

What is the median age in Gilman?

The median age in Gilman is 39.5 years (Iowa: 38.6).

How long is the commute in Gilman?

The average commute to work in Gilman is 28 minutes; 7% 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?

16.6% 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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