Living in Gilt Edge, Tennessee
Cost of living, income, home prices, rent and demographics of Gilt Edge · Census data 2020–2024
Gilt Edge has 516 residents with a median age of 42.3. The median household income is $77,031 (11% higher than the Tennessee median), the median home value is $192,600, the median rent is $1,000/month.
Gilt Edge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gilt Edge at a glance
- Population
- 516
- Median age
- 42.3State: 38.9
- Median household income
- $77,031State: $69,595
- Median home value
- $192,600State: $286,700
- Median rent
- $1,000/moState: $1,189
- Homeowners
- 69.1%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 37 min
Is Gilt Edge a good place to live?
Pros: Median household income 11% higher than the Tennessee median; home values 33% lower than the state median; unemployment of 4.4%.
Cons: An average commute of 37 minutes; a poverty rate of 14.5%.
The weather is best in April–May and September–October.
Cost of living in Gilt Edge
Housing is the biggest part of the cost of living. In Gilt Edge the median home value is $192,600, 42% lower than the U.S. median. Renters pay a median of $1,000 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,222 a month in housing costs.
Gilt Edge median household income
The median household income in Gilt Edge is $77,031 and the income per person is $32,628. 14.5% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Gilt Edge: homes for sale and rent
- Housing units
- 188
- Owner-occupied
- 69.1%
- Renter-occupied
- 30.9%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.71
Gilt Edge demographics
- Population
- 516
- Median age
- 42.3
- Under 18
- 19.8%
- 65 and older
- 11.2%
- Households
- 181
- Foreign-born
- 1%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Gilt Edge ›
Education in Gilt Edge
15.6% of adults 25 and older in Gilt Edge have a bachelor's degree or higher (Tennessee: 31.1%), and 5.3% have a graduate or professional degree.
Jobs and commute in Gilt Edge
- Unemployment rate
- 4.4%State: 4.7%
- Average commute
- 37 minState: 26 min
- Work from home
- 9.6%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 91.2%
Gilt Edge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gilt Edge | 516 | $77,031 | $192,600 | $1,000 |
| Burlison | 398 | $64,250 | $172,700 | $888 |
| Randolph | 252 | $60,568 | $306,800 | — |
| Garland | 370 | $69,688 | $234,200 | $880 |
| Munford | 6,588 | $89,531 | $244,400 | $1,176 |
| Brighton | 2,889 | $80,882 | $214,100 | $1,204 |
| Atoka | 10,385 | $89,663 | $320,700 | $1,237 |
| Covington | 8,587 | $42,254 | $185,900 | $933 |
| Wilson | 1,023 | $78,646 | $145,300 | $1,000 |
More for people moving to Gilt Edge
Gilt Edge ZIP code ›Weather and climate ›Living in Gilt Edge: FAQ
What is the median household income in Gilt Edge, TN?
The median household income in Gilt Edge is $77,031, 11% higher 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 Gilt Edge?
The median home value in Gilt Edge is $192,600, compared with $286,700 in Tennessee.
How much is rent in Gilt Edge?
The median gross rent in Gilt Edge is $1,000 per month, about 18.6% of household income.
Is Gilt Edge, TN a good place to live?
Pluses: median household income 11% higher than the Tennessee median; home values 33% lower than the state median; unemployment of 4.4%. Minuses: an average commute of 37 minutes; a poverty rate of 14.5%.
What is the median age in Gilt Edge?
The median age in Gilt Edge is 42.3 years (Tennessee: 38.9).
How long is the commute in Gilt Edge?
The average commute to work in Gilt Edge is 37 minutes; 9.6% of workers work from home.
What is the unemployment rate in Gilt Edge?
The unemployment rate in Gilt Edge is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gilt Edge?
15.6% of adults in Gilt Edge 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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