Living in Gilbertsville, New York
Cost of living, income, home prices, rent and demographics of Gilbertsville · Census data 2020–2024
Gilbertsville has 321 residents with a median age of 45.5. The median household income is $81,500 (5% lower than the New York median), the median home value is $165,000, the median rent is $1,141/month.
Gilbertsville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gilbertsville at a glance
- Population
- 321
- Median age
- 45.5State: 39.8
- Median household income
- $81,500State: $85,974
- Median home value
- $165,000State: $423,800
- Median rent
- $1,141/moState: $1,621
- Homeowners
- 87.7%
- Bachelor's degree or higher
- 35.5%
- Average commute
- 33 min
Is Gilbertsville a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 33 minutes; unemployment of 2.1%; a poverty rate of 5.9%.
Cons: Median household income 5% lower than the New York median.
The weather is best in June to September.
Cost of living in Gilbertsville
Housing is the biggest part of the cost of living. In Gilbertsville the median home value is $165,000, 50% lower than the U.S. median. Renters pay a median of $1,141 per month, which is 29.1% of household income. Homeowners with a mortgage pay $1,384 a month in housing costs.
Gilbertsville median household income
The median household income in Gilbertsville is $81,500 and the income per person is $39,687. 5.9% of residents live below the poverty line (New York: 14%).
Housing in Gilbertsville: homes for sale and rent
- Housing units
- 174
- Owner-occupied
- 87.7%
- Renter-occupied
- 12.3%
- Vacant
- 25.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.47
Gilbertsville demographics
- Population
- 321
- Median age
- 45.5
- Under 18
- 19%
- 65 and older
- 27.1%
- Households
- 130
- Foreign-born
- 5.3%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilbertsville ›
Education in Gilbertsville
35.5% of adults 25 and older in Gilbertsville have a bachelor's degree or higher (New York: 40.2%), and 15% have a graduate or professional degree.
Jobs and commute in Gilbertsville
- Unemployment rate
- 2.1%State: 6.4%
- Average commute
- 33 minState: 33 min
- Work from home
- 13.5%
- Drive alone
- 77.3%
- Public transit
- 2.1%
- Walk to work
- 1.4%
- Homes with broadband
- 88.5%
Gilbertsville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilbertsville | 321 | $81,500 | $165,000 | $1,141 |
| Morris | 626 | $98,500 | $172,500 | — |
| Wells Bridge | 160 | $71,667 | $234,400 | — |
| Otego | 936 | $78,804 | $186,100 | $956 |
| Guilford | 385 | $71,354 | $93,900 | — |
| Unadilla | 1,419 | $65,972 | $110,800 | $924 |
| New Berlin | 989 | $48,958 | $108,100 | $868 |
| Norwich | 6,782 | $53,333 | $121,100 | $867 |
| West End | 1,891 | $71,563 | $151,100 | $1,157 |
More for people moving to Gilbertsville
Gilbertsville ZIP code ›Weather and climate ›Living in Gilbertsville: FAQ
What is the median household income in Gilbertsville, NY?
The median household income in Gilbertsville is $81,500, 5% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gilbertsville?
The median home value in Gilbertsville is $165,000, compared with $423,800 in New York.
How much is rent in Gilbertsville?
The median gross rent in Gilbertsville is $1,141 per month, about 29.1% of household income.
Is Gilbertsville, NY a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 33 minutes; unemployment of 2.1%; a poverty rate of 5.9%. Minuses: median household income 5% lower than the New York median.
What is the median age in Gilbertsville?
The median age in Gilbertsville is 45.5 years (New York: 39.8).
How long is the commute in Gilbertsville?
The average commute to work in Gilbertsville is 33 minutes; 13.5% of workers work from home.
What is the unemployment rate in Gilbertsville?
The unemployment rate in Gilbertsville is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilbertsville?
35.5% of adults in Gilbertsville 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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