Living in Gilbert, Minnesota
Cost of living, income, home prices, rent and demographics of Gilbert · Census data 2020–2024
Gilbert has 1,697 residents with a median age of 48.9. The median household income is $64,625 (27% lower than the Minnesota median), the median home value is $126,000, the median rent is $698/month.
Gilbert at a glance
- Population
- 1,697
- Median age
- 48.9State: 38.8
- Median household income
- $64,625State: $89,062
- Median home value
- $126,000State: $329,300
- Median rent
- $698/moState: $1,280
- Homeowners
- 83.8%
- Bachelor's degree or higher
- 19%
- Average commute
- 20 min
Is Gilbert a good place to live?
Pros: Home values 62% lower than the state median; an average commute of 20 minutes; unemployment of 2.2%; a poverty rate of 8.8%.
Cons: Median household income 27% lower than the Minnesota median.
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 $126,000, 62% lower than the U.S. median. Renters pay a median of $698 per month, which is 31.7% of household income. Homeowners with a mortgage pay $1,228 a month in housing costs.
Gilbert median household income
The median household income in Gilbert is $64,625 and the income per person is $41,607. 8.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Gilbert: homes for sale and rent
- Housing units
- 850
- Owner-occupied
- 83.8%
- Renter-occupied
- 16.2%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.27
Gilbert demographics
- Population
- 1,697
- Median age
- 48.9
- Under 18
- 21%
- 65 and older
- 25.9%
- Households
- 745
- Foreign-born
- 0.2%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilbert ›
Education in Gilbert
19% of adults 25 and older in Gilbert have a bachelor's degree or higher (Minnesota: 39.4%), and 3% have a graduate or professional degree.
Jobs and commute in Gilbert
- Unemployment rate
- 2.2%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 5.3%
- Drive alone
- 84.1%
- Public transit
- 0.1%
- Walk to work
- 1.9%
- Homes with broadband
- 82.4%
Gilbert vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilbert | 1,697 | $64,625 | $126,000 | $698 |
| Virginia | 8,332 | $51,720 | $120,600 | $792 |
| Eveleth | 3,448 | $50,725 | $97,600 | $904 |
| Biwabik | 966 | $67,917 | $111,200 | $749 |
| Mountain Iron | 2,860 | $83,293 | $192,800 | $918 |
| Aurora | 1,792 | $42,083 | $97,600 | $509 |
| Kinney | 115 | $57,045 | $121,900 | $525 |
| Buhl | 1,022 | $58,750 | $127,700 | $1,043 |
| Hoyt Lakes | 2,064 | $65,764 | $93,300 | $1,550 |
More for people moving to Gilbert
Gilbert ZIP code ›Weather and climate ›Living in Gilbert: FAQ
What is the median household income in Gilbert, MN?
The median household income in Gilbert is $64,625, 27% lower than the Minnesota median of $89,062 (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 $126,000, compared with $329,300 in Minnesota.
How much is rent in Gilbert?
The median gross rent in Gilbert is $698 per month, about 31.7% of household income.
Is Gilbert, MN a good place to live?
Pluses: home values 62% lower than the state median; an average commute of 20 minutes; unemployment of 2.2%; a poverty rate of 8.8%. Minuses: median household income 27% lower than the Minnesota median.
What is the median age in Gilbert?
The median age in Gilbert is 48.9 years (Minnesota: 38.8).
How long is the commute in Gilbert?
The average commute to work in Gilbert is 20 minutes; 5.3% of workers work from home.
What is the unemployment rate in Gilbert?
The unemployment rate in Gilbert is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilbert?
19% 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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