Living in Gibraltar, Michigan
Cost of living, income, home prices, rent and demographics of Gibraltar · Census data 2020–2024
Gibraltar has 4,873 residents with a median age of 50.3. The median household income is $91,651 (26% higher than the Michigan median), the median home value is $223,200, the median rent is $1,276/month.
Gibraltar at a glance
- Population
- 4,873
- Median age
- 50.3State: 40.2
- Median household income
- $91,651State: $72,875
- Median home value
- $223,200State: $231,600
- Median rent
- $1,276/moState: $1,129
- Homeowners
- 82.2%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 27 min
Is Gibraltar a good place to live?
Pros: Median household income 26% higher than the Michigan median; home values 4% lower than the state median; unemployment of 5%; a poverty rate of 3.2%.
Cons: An average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Gibraltar
Housing is the biggest part of the cost of living. In Gibraltar the median home value is $223,200, 33% lower than the U.S. median. Renters pay a median of $1,276 per month, which is 26.2% of household income. Homeowners with a mortgage pay $1,695 a month in housing costs.
Gibraltar median household income
The median household income in Gibraltar is $91,651 and the income per person is $47,027. 3.2% of residents live below the poverty line (Michigan: 13.2%).
Housing in Gibraltar: homes for sale and rent
- Housing units
- 2,373
- Owner-occupied
- 82.2%
- Renter-occupied
- 17.8%
- Vacant
- 7.5%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.22
Gibraltar demographics
- Population
- 4,873
- Median age
- 50.3
- Under 18
- 18.6%
- 65 and older
- 27.4%
- Households
- 2,194
- Foreign-born
- 1.6%
- Veterans
- 14.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Gibraltar ›
Education in Gibraltar
25.4% of adults 25 and older in Gibraltar have a bachelor's degree or higher (Michigan: 32.4%), and 9.5% have a graduate or professional degree.
Jobs and commute in Gibraltar
- Unemployment rate
- 5%State: 5.7%
- Average commute
- 27 minState: 24 min
- Work from home
- 10%
- Drive alone
- 83%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 94.6%
Gibraltar vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gibraltar | 4,873 | $91,651 | $223,200 | $1,276 |
| Trenton | 18,125 | $82,212 | $210,600 | $880 |
| Woodhaven | 12,690 | $78,648 | $231,800 | $1,096 |
| Rockwood | 3,161 | $88,080 | $188,600 | $1,037 |
| Flat Rock | 10,340 | $81,585 | $228,800 | $919 |
| Riverview | 12,186 | $73,468 | $215,100 | $1,101 |
| South Rockwood | 1,924 | $78,203 | $226,500 | $1,350 |
| Southgate | 29,366 | $66,118 | $173,600 | $1,120 |
| Wyandotte | 24,489 | $71,987 | $166,900 | $972 |
More for people moving to Gibraltar
Gibraltar ZIP code ›Weather and climate ›Living in Gibraltar: FAQ
What is the median household income in Gibraltar, MI?
The median household income in Gibraltar is $91,651, 26% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gibraltar?
The median home value in Gibraltar is $223,200, compared with $231,600 in Michigan.
How much is rent in Gibraltar?
The median gross rent in Gibraltar is $1,276 per month, about 26.2% of household income.
Is Gibraltar, MI a good place to live?
Pluses: median household income 26% higher than the Michigan median; home values 4% lower than the state median; unemployment of 5%; a poverty rate of 3.2%. Minuses: an average commute of 27 minutes.
What is the median age in Gibraltar?
The median age in Gibraltar is 50.3 years (Michigan: 40.2).
How long is the commute in Gibraltar?
The average commute to work in Gibraltar is 27 minutes; 10% of workers work from home.
What is the unemployment rate in Gibraltar?
The unemployment rate in Gibraltar is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gibraltar?
25.4% of adults in Gibraltar 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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