Living in Gibson, Tennessee
Cost of living, income, home prices, rent and demographics of Gibson · Census data 2020–2024
Gibson has 479 residents with a median age of 41.1. The median household income is $53,750 (23% lower than the Tennessee median), the median home value is $154,200, the median rent is $871/month.
Gibson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gibson at a glance
- Population
- 479
- Median age
- 41.1State: 38.9
- Median household income
- $53,750State: $69,595
- Median home value
- $154,200State: $286,700
- Median rent
- $871/moState: $1,189
- Homeowners
- 53.4%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 23 min
Is Gibson a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 23 minutes; unemployment of 2%; a poverty rate of 9.8%.
Cons: Median household income 23% lower than the Tennessee median.
The weather is best in April–May and September–October.
Cost of living in Gibson
Housing is the biggest part of the cost of living. In Gibson the median home value is $154,200, 54% lower than the U.S. median. Renters pay a median of $871 per month, which is 22.1% of household income. Homeowners with a mortgage pay $992 a month in housing costs.
Gibson median household income
The median household income in Gibson is $53,750 and the income per person is $24,622. 9.8% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Gibson: homes for sale and rent
- Housing units
- 172
- Owner-occupied
- 53.4%
- Renter-occupied
- 46.6%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.94
Gibson demographics
- Population
- 479
- Median age
- 41.1
- Under 18
- 31.1%
- 65 and older
- 14.2%
- Households
- 163
- Foreign-born
- 4%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Gibson ›
Education in Gibson
21.6% of adults 25 and older in Gibson have a bachelor's degree or higher (Tennessee: 31.1%), and 12.8% have a graduate or professional degree.
Jobs and commute in Gibson
- Unemployment rate
- 2%State: 4.7%
- Average commute
- 23 minState: 26 min
- Work from home
- 17.4%
- Drive alone
- 76.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.3%
Gibson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gibson | 479 | $53,750 | $154,200 | $871 |
| Humboldt | 7,787 | $52,917 | $102,300 | $742 |
| Medina | 5,407 | $107,807 | $287,200 | $1,206 |
| Milan | 8,244 | $43,886 | $144,100 | $805 |
| Three Way | 2,008 | $88,125 | $250,700 | $1,646 |
| Trenton | 4,151 | $58,750 | $126,000 | $829 |
| Gadsden | 459 | $60,139 | $153,700 | $775 |
| Atwood | 1,108 | $35,446 | $91,000 | $825 |
| Bradford | 1,385 | $47,361 | $116,000 | $740 |
More for people moving to Gibson
Gibson ZIP code ›Weather and climate ›Living in Gibson: FAQ
What is the median household income in Gibson, TN?
The median household income in Gibson is $53,750, 23% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gibson?
The median home value in Gibson is $154,200, compared with $286,700 in Tennessee.
How much is rent in Gibson?
The median gross rent in Gibson is $871 per month, about 22.1% of household income.
Is Gibson, TN a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 23 minutes; unemployment of 2%; a poverty rate of 9.8%. Minuses: median household income 23% lower than the Tennessee median.
What is the median age in Gibson?
The median age in Gibson is 41.1 years (Tennessee: 38.9).
How long is the commute in Gibson?
The average commute to work in Gibson is 23 minutes; 17.4% of workers work from home.
What is the unemployment rate in Gibson?
The unemployment rate in Gibson is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gibson?
21.6% of adults in Gibson 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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